The Deposit On Purchase Agreement is commonly used in Singapore when a buyer wishes to secure a purchase by paying an initial deposit. This document is essential for protecting both parties' interests during the period between deposit payment and purchase completion. It typically includes details about the deposit amount, purchase price, completion timeline, and conditions precedent. Under Singapore law, this agreement must comply with various legislation including the Civil Law Act and Sale of Goods Act. The document is particularly important in transactions where there is a significant gap between initial commitment and final completion.
Your data doesn't train Genie's AI
You keep IP ownershipΒ of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let ΊμΠΣΦ±²₯'s market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of all parties to the agreement
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Purchase Price and Deposit: Details of total purchase price and deposit amount
5. Payment Terms: Schedule and method of payment
6. Conditions Precedent: Conditions that must be met before completion
7. Completion: Details of completion process and requirements
8. Default and Termination: Consequences of default and termination rights
1. Due Diligence: Terms regarding buyer's right to conduct due diligence (used for complex purchases or property transactions)
2. Warranties and Representations: Specific promises about the purchase subject (used when specific assurances are required)
3. Insurance: Requirements for insurance coverage (used when risk needs to be managed during transition period)
4. Third Party Rights: Rights of third parties under the agreement (used when third parties may have enforceable rights)
1. Schedule 1 - Property/Asset Description: Detailed description of purchase subject
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and dates
3. Schedule 3 - Completion Requirements: List of documents and actions required at completion
4. Appendix A - Form of Notice: Standard form for notices under the agreement
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Term Deposit Agreement
A Singapore-law governed agreement establishing terms for a fixed-term deposit between a bank and depositor, compliant with MAS regulations.
find out more
Hold Deposit Agreement
A Singapore-governed agreement setting out terms for holding and managing a deposit between parties, including release conditions and forfeiture terms.
find out more
Security Deposit Transfer Agreement
A Singapore-law governed agreement facilitating the transfer of security deposits between parties, ensuring legal compliance and protection of all stakeholders.
find out more
Lease Rental Bond Policy
A Singapore-compliant insurance policy document that replaces traditional cash security deposits in rental agreements, protecting landlords against tenant-related risks.
find out more
Assignment Of Security Deposit
A Singapore law-governed agreement that transfers rights and interests in a security deposit from one party to another.
find out more
Deposit On Purchase Agreement
A Singapore-law governed agreement documenting terms of a purchase deposit and subsequent purchase obligations.
find out more
Good Faith Deposit Contract
A Singapore-law governed agreement establishing terms for a good faith deposit to demonstrate serious intent in a transaction.
find out more
Employee Security Deposit Agreement
A Singapore-law governed agreement establishing terms for employee security deposits, compliant with local employment regulations.
find out more
Deposit Agreement Contract
A Singapore-law governed agreement establishing terms and conditions between a deposit-taking institution and depositor for managing deposit accounts.
find out more
6 Month Rent Contract
A six-month residential tenancy agreement compliant with Singapore law, establishing terms between landlord and tenant.
find out more
Deposit Rental Agreement
A Singapore-compliant agreement governing the terms of rental security deposits between landlords and tenants.
find out more
³±π²ΤΎ±±πβs Security Promise
Genie is the safest place to draft. Hereβs how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³±π²ΤΎ±±πβs AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)