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Deed Of Absolute Sale By Heirs

Deed Of Absolute Sale By Heirs Template for Singapore

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Deed Of Absolute Sale By Heirs

"Need to draft a Deed of Absolute Sale By Heirs for a Singapore condominium property being sold by three siblings who inherited it from their mother, with completion scheduled for March 2025, including specific provisions for payment in installments."

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What is a Deed Of Absolute Sale By Heirs?

The Deed of Absolute Sale By Heirs is utilized in Singapore when legal heirs of a deceased property owner wish to sell the inherited property. This document becomes necessary after probate or letters of administration have been obtained, confirming the heirs' legal authority to dispose of the property. The deed must comply with Singapore's strict property transfer requirements and includes crucial details such as property description, consideration amount, warranties, and proper execution formalities. It serves as conclusive evidence of the transfer of ownership from the deceased's estate to the new owner.

What sections should be included in a Deed Of Absolute Sale By Heirs?

1. Parties: Identification of all heirs (sellers) and purchaser(s)

2. Background: Details of original owner's death, probate/letters of administration, and basis of sellers' right to sell

3. Definitions: Key terms used in the deed

4. Property Description: Detailed description of the property being sold

5. Consideration: Purchase price and payment terms

6. Warranties: Sellers' warranties regarding ownership and property condition

7. Execution: Signing requirements and attestation

What sections are optional to include in a Deed Of Absolute Sale By Heirs?

1. Conditions Precedent: Used when specific conditions must be met before completion of the sale

2. Muslim Law Declaration: Required declaration when deceased or heirs are Muslim regarding application of Muslim law

3. Power of Attorney: Required when any heir is acting through an authorized representative

What schedules should be included in a Deed Of Absolute Sale By Heirs?

1. Property Details Schedule: Detailed property specifications, boundaries, and plans

2. Grant of Probate/Letters of Administration: Copy of court document establishing heirs' authority to sell

3. Death Certificate: Copy of original owner's death certificate

4. Title Documents: Copies of relevant property ownership documents

5. Inventory of Contents: List of furnishings or other contents included in the sale, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Industries

Intestate Succession Act (Cap. 146): Primary legislation governing the distribution of assets when a person dies without a will in Singapore, defining the legal heirs and their entitlements

Wills Act (Cap. 352): Governs the formal requirements for making a valid will and its execution in Singapore

Probate and Administration Act (Cap. 251): Regulates the process of obtaining grant of probate or letters of administration for handling deceased's estates

Muslim Law Act: Special provisions for succession and inheritance matters applicable to Muslims in Singapore

Land Titles Act (Cap. 157): Governs the registration and transfer of land titles in Singapore, ensuring secure property ownership

Residential Property Act (Cap. 274): Regulates the purchase and ownership of residential properties by foreign persons and companies

Conveyancing and Law of Property Act (Cap. 61): Governs property transactions and transfers, including requirements for valid conveyancing

Stamp Duties Act (Cap. 312): Regulates the imposition of stamp duties on property transactions, including ABSD and SSD

Civil Law Act (Cap. 43): Provides the general framework for civil law matters, including contract law principles applicable to property transactions

Legal Profession Act (Cap. 161): Governs the conduct of legal professionals involved in property transactions and deed preparation

Mental Capacity Act: Provides protection and decision-making framework for persons lacking mental capacity, relevant if any heir lacks capacity

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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