The Real Estate Transfer Agreement is a fundamental document in Singapore property transactions, used whenever real estate ownership changes hands. It must comply with Singapore's strict property laws, including the Land Titles Act, Residential Property Act, and relevant stamp duty regulations. The agreement captures essential details about the property, parties involved, purchase price, payment terms, and completion conditions. It's particularly important in Singapore's unique property landscape, which includes both private and public (HDB) housing, each with specific transfer requirements and restrictions. The document serves as the primary record of the transaction terms and ensures legal compliance with Singapore's property transfer regulations.
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1. Parties: Details of seller and purchaser, including identification and contact information
2. Background: Context of the transfer and property history
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including lot number, floor area, boundaries
5. Purchase Price: Amount and payment terms
6. Completion: Timeline and conditions for completion of transfer
7. Seller's Warranties: Standard warranties about property title and condition
1. Tenancy Provisions: Required if property is currently tenanted - includes details of existing tenancy arrangements
2. En Bloc Provisions: Details of collective sale agreements - required for properties under collective sale consideration
3. Foreign Ownership Approval: Requirements and conditions for foreign buyer approval - required when purchaser is a foreign person
1. Schedule 1 - Property Plans: Floor plans and property boundaries
2. Schedule 2 - Inventory List: List of fixtures and fittings included in sale
3. Schedule 3 - Title Documents: Copies of relevant title documents
4. Schedule 4 - Existing Tenancy Agreements: If property is sold with sitting tenants
5. Schedule 5 - Property Tax Statements: Recent property tax assessments
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