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Deed Of Assignment For Family Land
"I need a Deed of Assignment for Family Land to transfer my residential property in Singapore to my daughter, with reserved rights allowing me to continue living there until March 2025, and the transfer should be structured to minimize stamp duty."
1. Parties: Details of the assignor (current owner) and assignee (receiving family member)
2. Background: History of ownership and reason for assignment
3. Definitions: Key terms used in the deed
4. Property Description: Detailed description of the land being assigned
5. Assignment Clause: The operative clause transferring ownership
6. Consideration: Details of any payment or value exchange
7. Warranties: Assignor's declarations about property ownership and condition
8. Execution: Signing requirements and attestation
1. Conditions Precedent: Pre-conditions that must be met before assignment takes effect. Used when there are specific requirements to be fulfilled before transfer.
2. Reserved Rights: Rights retained by assignor. Used when assignor wishes to retain certain rights over the property.
3. Family Agreement Provisions: Special conditions agreed between family members. Used when there are specific family arrangements to be documented.
1. Property Schedule: Detailed property description including bouNDAries and title details
2. Title Documents: Copies of relevant title documents and certificates
3. Plan/Survey: Property plans and survey documents
4. Family Consent Documents: Written consents from relevant family members if required
5. Stamp Duty Certificates: Evidence of stamp duty payment or exemption
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