The Deed of Absolute Sale of a Portion of Land is a crucial legal instrument in Singapore's property transaction framework. It is specifically used when a landowner wishes to sell part of their land holding rather than the entire plot. The document must meet strict requirements under Singapore's property laws, including precise survey measurements, clear title verification, and proper registration. The deed includes detailed property descriptions, consideration amount, warranties, and various representations required by Singapore law. It serves as the primary document for transferring ownership and must be properly executed and registered with the Singapore Land Authority to be legally effective.
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Key Requirements PROMPT example:
Deed Of Absolute Sale Of A Portion Of Land
"I need a Deed of Absolute Sale of a Portion of Land to sell 2,500 square meters of my industrial land in Singapore to a manufacturing company, with completion scheduled for March 2025, including specific environmental warranties due to previous industrial use."
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1. Parties: Identification of vendor and purchaser with complete details including NRIC/registration numbers, addresses and contact details
2. Background/Recitals: History of ownership, reason for sale, and current status of the property
3. Definitions: Key terms used in the deed including Property, Completion Date, Purchase Price, etc.
4. Property Description: Detailed description of the portion of land being sold including lot number, size, bouNDAries and location
5. Consideration: Purchase price, payment terms, deposit details and balance payment schedule
6. Vendor's Representations and Warranties: Legal assurances about property ownership, encumbrances, compliance with laws, and condition
7. Transfer of Title: Terms of ownership transfer, completion requirements and registration process
8. Execution: Signing requirements, attestation details and witnessing provisions
1. Conditions Precedent: Specific conditions that must be met before completion, such as obtaining regulatory approvals or subdivision permission
2. Environmental Warranties: Specific warranties regarding environmental condition, contamination status and compliance with environmental laws
3. Development Restrictions: Specific limitations on property development, zoning restrictions and building requirements
4. Rights of Way: Access rights, easements and shared facilities agreements
1. Property Schedule: Detailed technical description of the land portion including bouNDAries, measurements and cadastral information
2. Title Documents: Copies of relevant title documents, historical transfers and encumbrance records
3. Survey Plan: Certified survey plan showing the portion being sold, bouNDAries and measurements
4. Planning Permissions: Relevant planning permissions, restrictions and zoning requirements
5. Payment Schedule: Detailed schedule of payment installments, amounts and due dates if applicable
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