The Mortgage Separation Agreement is essential when co-borrowers in Singapore need to formally separate their mortgage obligations. This document becomes necessary during divorce proceedings, relationship breakdowns, or when joint property owners decide to separate their interests. The agreement specifically addresses how the existing mortgage will be managed, including payment responsibilities, property ownership, and compliance with Singapore's banking and property regulations. It must consider CPF usage, HDB rules if applicable, and ensure all arrangements comply with MAS guidelines and local property laws.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification and details of all parties involved in the agreement
2. Background: Context of the separation and existing mortgage arrangements
3. Definitions: Key terms used throughout the agreement
4. Property Details: Specific details of the mortgaged property and title information
5. Current Mortgage Status: Details of existing mortgage, outstanding amount, and current terms
6. Division of Responsibilities: Agreement on how mortgage payments and obligations will be handled post-separation
7. Term and Termination: Duration of the agreement and conditions for termination
8. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. CPF Usage: Details of CPF contributions and refunds when CPF funds were used for property purchase
2. HDB Specific Terms: Special conditions and requirements specific to HDB properties
3. Property Sale Provisions: Terms and conditions regarding potential future sale of the property
4. Insurance Requirements: Provisions regarding property and mortgage insurance obligations
5. Default and Remedies: Consequences and remedies in case of default by either party
1. Schedule 1: Property Details: Detailed property information including title details and property description
2. Schedule 2: Mortgage Information: Current mortgage statement, payment history, and outstanding obligations
3. Schedule 3: CPF Statement: Statement of CPF usage for property and refund obligations
4. Appendix A: Payment Schedule: Agreed schedule of mortgage payments between parties including payment dates and amounts
5. Appendix B: Valuation Report: Current property valuation details and assessment
Find the exact document you need
Private Home Loan Contract
A Singapore-governed agreement establishing terms for a private home loan, including loan amount, interest, repayment terms, and security arrangements.
Download
Mortgage Loan Contract
A Singapore-law governed agreement establishing terms and conditions for a secured property loan between lender and borrower.
Download
Mortgage Indemnity Agreement
A Singapore law-governed agreement protecting lenders against mortgage defaults through third-party indemnification.
Download
Mortgage Broker Agreement In Principle
A Singapore-governed agreement establishing preliminary terms between a mortgage broker and client, compliant with MAS regulations.
Download
Land Mortgage Agreement
A Singapore-compliant legal document creating a security interest in real property to secure a loan, subject to Land Titles Act requirements.
Download
Mortgage Separation Agreement
A Singapore-compliant legal agreement determining how mortgage obligations are handled between separating co-borrowers.
Download
Joint Mortgage Agreement
A Singapore-governed agreement establishing terms for joint borrowers in a mortgage arrangement, defining shared responsibilities and obligations.
Download
Third Party Mortgage Agreement
A Singapore law-governed agreement where a third party provides their property as security for another person's loan from a financial institution.
Download
Mortgage Contract Agreement
A Singapore-law governed agreement establishing property loan terms and security interest between lender and borrower.
Download
Mortgage Lease Agreement
A Singapore-compliant legal document combining mortgage and lease terms, governing property financing and tenant occupation arrangements.
Download
Mortgage Assumption Agreement
A Singapore-law governed agreement enabling the transfer of mortgage obligations from one borrower to another while maintaining the original mortgage terms.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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)