Sale And Purchase Agreement Page 5
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24THE SCHEDULE – continued
FORM E
2.
Agreement for Sale and Purchase
The Vendor will sell and the Purchaser will buy free from all
encumbrances *the estate in fee simple/the estate in perpetuity/the
remainder of the leasehold estate for a term of ___ years commencing
from ____________ in the Unit at the Purchase Price.
3.
Terms of Sale
The Unit is sold subject to -
(a)
the terms in this Agreement; and
(b)
the Singapore Law Society's Conditions of Sale 1994 so far as
they are applicable to a sale by private treaty and are not varied by
or inconsistent with the terms of this Agreement;
4.
Purchase Price
The Purchase Price is to be paid in the manner set out in this Agreement.
5.
Payment Schedule
5.1
The Purchase Price must be paid by the Purchaser to the Vendor in
instalments according to the Payment Schedule below, subject to the
variations in clauses 5.3, 5.4 and 5.15.
Payment Schedule
1.
Upon signing this Agreement
20% of the Purchase Price
(inclusive of the Booking Fee)
2.
within
14
days
after
the
Purchaser
receives
the
following
notices
from
the
Vendor :
(a) Notice that the foundation
10% of the Purchase Price
work of the Unit has been
completed
(b) Notice that the reinforced
10% of the Purchase Price
concrete framework of the
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