The Offer and Agreement to Purchase is a crucial document in Singapore's property transaction landscape, used when a potential buyer wishes to formalize their intention to purchase a property and establish the binding terms of the sale. This document is typically employed after initial negotiations but before the formal conveyancing process begins. It encompasses all essential aspects of the property transaction, including property details, price, payment terms, conditions precedent, and completion requirements. The agreement must comply with Singapore's legal framework, including the Civil Law Act, Conveyancing and Law of Property Act, and relevant property regulations. It serves a dual purpose: initially as an offer document and, upon acceptance by the seller, as the binding agreement that governs the entire transaction. This document is particularly important in Singapore's property market, where transactions often involve substantial values and require strict regulatory compliance.
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 of the seller and purchaser with full legal names and addresses
2. Background: Context of the transaction and brief description of the property being sold
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Property Details: Complete description of the property including address, land title details, and boundaries
5. Purchase Price: Agreed purchase price and payment terms including deposit and balance payment schedule
6. Payment Terms: Detailed breakdown of payment structure, timing, and method of payment
7. Conditions Precedent: Conditions that must be fulfilled before the agreement becomes binding
8. Completion: Timeline and requirements for completing the transaction
9. Seller's Warranties: Representations and warranties provided by the seller regarding the property
10. Purchaser's Warranties: Representations and warranties provided by the purchaser regarding ability to complete purchase
11. Title and Transfer: Provisions regarding clean title transfer and registration requirements
12. Default and Termination: Consequences of default by either party and termination provisions
13. Governing Law: Specification of Singapore law as governing law and jurisdiction
14. Execution: Signature blocks and execution requirements
1. Existing Tenancies: Details of any existing tenancies if property is sold with sitting tenants
2. Mortgage Requirements: Additional provisions if purchaser is obtaining mortgage financing
3. Property Management: Arrangements for managing the property between offer acceptance and completion
4. GST Provisions: Required when the seller is GST-registered and the sale is subject to GST
5. En Bloc Sale Conditions: Specific provisions if the property is part of an en bloc sale
6. Foreign Ownership: Additional requirements if purchaser is a foreign person under Residential Property Act
7. Property Tax Apportionment: Specific arrangements for handling pro-rated property tax
8. Renovation/Alteration Provisions: Terms regarding any agreed renovations or alterations before completion
1. Property Schedule: Detailed property specifications, boundaries, and included fixtures/fittings
2. Payment Schedule: Detailed breakdown of payment milestones and amounts
3. Inventory List: List of movable items included or excluded from the sale
4. Existing Defects: Documentation of known defects or required repairs
5. Title Documents: Copies of relevant title documents and land searches
6. Regulatory Approvals: Copies of relevant permits, certificates, and approvals
7. Due Diligence Checklist: List of documents and verifications required for completion
8. Property Plans: Floor plans, site plans, and other relevant property drawings
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Sale And Purchase Agreement Of Shares
A Singapore law-governed agreement documenting the terms and conditions for the sale and purchase of shares between parties, ensuring legal compliance and transaction certainty.
find out more
Letter Of Intent For Property Sale
A preliminary document used in Singapore property transactions expressing a buyer's formal intent to purchase property, outlining key terms and conditions of the proposed sale.
find out more
Home For Sale By Owner Contract
A legal agreement for direct property sale between owner and buyer in Singapore, without agent involvement.
find out more
Agreement For Purchase And Sale Of Real Property
A Singapore law-governed agreement documenting the legal transfer of real property ownership between seller and buyer, including all essential terms and conditions of the sale.
find out more
Sales With Buyback Agreement
A Singapore law-governed agreement for the sale of goods with a predetermined buyback arrangement, including comprehensive sale and repurchase terms.
find out more
Purchase Agreement For Sale By Owner
A Singapore-compliant legal agreement for direct property sales between owners and buyers without agent intermediaries.
find out more
Personal Property Sale Agreement
A Singapore law-governed agreement documenting the sale and purchase of personal property, including terms, conditions, and transfer of ownership.
find out more
Simple Home Purchase Contract
A standardized contract for residential property purchases in Singapore, compliant with local property laws and regulations.
find out more
Vacant Land Purchase And Sale Agreement
A Singapore law-governed agreement for the purchase and sale of vacant land, setting out terms, conditions, and regulatory requirements.
find out more
Vacant Land Sale Contract
A Singapore law-governed agreement for the sale and purchase of vacant land, incorporating local regulatory requirements and transfer provisions.
find out more
Bill Of Sale Stock Purchase Agreement
A Singapore law-governed agreement documenting the sale and transfer of company shares, including terms, conditions, and regulatory compliance requirements.
find out more
Business Sell Agreement
A legally binding agreement under Singapore law that facilitates the sale and transfer of business ownership, assets, and operations between parties.
find out more
Apartment Sales Contract
A Singapore law-governed contract for the sale and purchase of residential apartments, detailing transfer terms and regulatory compliance requirements.
find out more
Offer And Agreement To Purchase
A Singapore law-governed agreement that formalizes property purchase terms between seller and purchaser, serving as both offer and binding purchase agreement.
find out more
Private Car Sale Contract
A Singapore-compliant contract for the sale and transfer of ownership of a private vehicle between two parties.
find out more
Agreement For Sale And Sale Deed
A Singapore law-governed agreement that documents property sale terms and transfers ownership from vendor to purchaser, serving as both sale agreement and deed.
find out more
Agreement Of Sale Contract
A Singapore law-governed contract documenting the terms and conditions for the sale and purchase of goods or assets between parties.
find out more
Business Purchase And Sale Agreement
A Singapore law-governed agreement for the purchase and sale of an existing business, including terms for transfer of assets, warranties, and completion requirements.
find out more
Buyout Agreement
A Singapore-law governed agreement documenting the complete purchase of a business, its assets, or shares, including all terms and conditions of the transaction.
find out more
Sales Contract For House
A legally binding agreement for the sale and purchase of residential property in Singapore, governed by local property laws and regulations.
find out more
Purchase Sale Agreement
A legally binding contract under Singapore law documenting terms and conditions for the sale and purchase of goods or assets.
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)