Ƶ

Assignment Of Purchase Contract for Singapore

Assignment Of Purchase Contract Template for Singapore

A legal document governed by Singapore law that facilitates the transfer of rights and obligations under an existing purchase contract from one party (assignor) to another (assignee). The document ensures compliance with Singapore's Civil Law Act and related legislation, establishing the terms of assignment, consideration, and responsibilities of all parties involved. It includes necessary provisions for notification, consent, and registration requirements specific to Singapore's legal framework.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Assignment Of Purchase Contract

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Assignment Of Purchase Contract?

An Assignment Of Purchase Contract is essential when a party wishes to transfer their rights and obligations under an existing purchase agreement to another party in Singapore. This document is commonly used in various commercial scenarios, such as property transactions, bulk purchase arrangements, or when restructuring business operations. The assignment must comply with Singapore's legal requirements, including the Civil Law Act, Property Law Act, and relevant stamp duty regulations. It should clearly define the scope of rights being transferred, consideration paid, and any conditions or restrictions on the assignment, while ensuring proper notification to all relevant parties.

What sections should be included in a Assignment Of Purchase Contract?

1. Parties: Identifies assignor, assignee, and original contract parties

2. Background: Details of original purchase contract and reason for assignment

3. Definitions: Key terms used throughout the assignment agreement

4. Assignment: Core provisions detailing the transfer of rights and obligations

5. Consideration: Details of payment or value exchange for the assignment

6. Effective Date: When the assignment takes effect

7. Warranties: Assignor's warranties regarding the purchase contract and its rights to assign

What sections are optional to include in a Assignment Of Purchase Contract?

1. Consent Provisions: Required if original contract requires consent for assignment

2. Security Provisions: Details of any security arrangements for secured obligations

3. Tax Provisions: Allocation of tax responsibilities and obligations

What schedules should be included in a Assignment Of Purchase Contract?

1. Original Purchase Contract: Copy of the contract being assigned

2. Consent Documents: Written consents from relevant parties where required

3. Payment Schedule: Schedule of installment payments if assignment consideration is paid in installments

4. Property Details: Detailed description of property if assignment involves real property

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

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions
























Clauses
























Industries

Civil Law Act (Cap. 43): Primary legislation governing contractual relationships, including provisions for assignment of rights and obligations, and requirements for consideration in contracts

Contracts (Rights of Third Parties) Act: Regulates how third parties may enforce terms of a contract, particularly relevant for assignment situations where rights are transferred to new parties

Property Law Act (Cap. 242): Governs property rights and their assignment, particularly relevant if the purchase contract involves real property

Sale of Goods Act (Cap. 393): Regulates sales contracts involving goods, including rights and obligations and the assignability of rights under sales contracts

Stamp Duties Act (Cap. 312): Stipulates requirements for stamp duty on assignment documents, including applicable rates and timing for payment

Registration of Deeds Act (Cap. 269): Sets out requirements for registration of assignments, particularly important for real property transactions

Common Law Principles: General principles governing assignments, including requirements for valid assignment, notice requirements, and consent procedures

Privity of Contract: Legal doctrine determining who can enforce rights under a contract and how these rights can be transferred through assignment

Equitable Principles: Principles of fairness and equity that apply to assignments, particularly relevant when statutory requirements are not met but justice requires recognition of rights

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

Find the exact document you need

Unregistered Agreement To Sell With Possession

A Singapore-compliant agreement for property sale with immediate possession rights, pending final transfer.

find out more

Software Sales Contract

A Singapore law-governed agreement for software sales and licensing, ensuring compliance with local technology and data protection regulations.

find out more

Small Business Sale Contract

A legally binding agreement for the sale and purchase of a small business in Singapore, governed by Singapore law.

find out more

Simple Home Sale Contract

A standardized contract for residential property sales in Singapore, governing the transfer of ownership between seller and buyer.

find out more

Simple Deed Of Sale Of Motor Vehicle

A legal document used in Singapore for transferring motor vehicle ownership between parties, compliant with local transport regulations.

find out more

Sales Rep Contract

A Singapore-law governed agreement defining the terms and conditions between a company and its sales representative, including commission structures and performance requirements.

find out more

Sales Commission Letter

A Singapore-compliant document establishing commission-based sales arrangements between a company and sales representative.

find out more

Sales Addendum

A Singapore-law governed document that modifies an existing sales agreement to reflect updated terms and conditions.

find out more

Sale Of Bike Agreement

A Singapore law-governed agreement documenting the sale and purchase of a motorcycle, including terms, conditions, and ownership transfer details.

find out more

Sale Deed And Construction Agreement

A Singapore-governed agreement combining property sale and construction terms, detailing transfer of ownership and building specifications.

find out more

Sale Agreement Without Possession

A Singapore-law governed agreement for the sale of goods where immediate physical possession is not transferred to the buyer.

find out more

Sale Agreement For Resale Flat

A legally binding agreement for the sale and purchase of HDB resale flats in Singapore, governed by Singapore law and HDB regulations.

find out more

Preliminary Contract Of Sale

A preliminary agreement under Singapore law establishing initial terms between buyer and seller for property transactions.

find out more

Mou Between Buyer And Seller Of Property

A preliminary agreement between property buyer and seller under Singapore law, outlining key terms of a proposed property transaction.

find out more

Motor Bike Sale Agreement

A Singapore-governed agreement for the sale and purchase of motorcycles, ensuring legal compliance with local vehicle transfer regulations.

find out more

Letter Of Intent Buying Property

A preliminary document under Singapore law expressing serious intent to purchase property and outlining basic transaction terms.

find out more

Lease Option Agreement Houses For Sale

A Singapore-compliant agreement combining property lease terms with a future purchase option at a preset price.

find out more

Land Sale Deed

A legal document transferring land ownership between parties under Singapore law.

find out more

House S&p Agreement

A legally binding agreement for residential property sale and purchase in Singapore, governed by Singapore law.

find out more

Deed Of Sale Of Shares Of Stock

A Singapore-compliant legal document for transferring share ownership between parties, including terms, warranties, and completion requirements.

find out more

Deed Of Sale Of Franchise

A Singapore-governed legal instrument that transfers franchise rights and establishes the terms of a franchise relationship between franchisor and franchisee.

find out more

Deed Of Sale And Deed Of Absolute Sale

A legal document used in Singapore for transferring property ownership from seller to buyer, governed by Singapore property law.

find out more

Contract To Sell With Spa

A Singapore-compliant legal document combining a contract to sell with a sale and purchase agreement, establishing terms for property or goods transfer.

find out more

Contract To Sell Motor Vehicle

A Singapore-compliant legal agreement for the sale and transfer of ownership of a motor vehicle between parties.

find out more

Conditional Sale Agreement Property

A Singapore-governed agreement for conditional property sale, subject to specific completion requirements.

find out more

Conditional Purchase Agreement

A Singapore law-governed agreement setting out terms for a purchase subject to specific conditions being met.

find out more

Commercial Real Estate Sales Agreement

A Singapore-law governed agreement for the sale and purchase of commercial real estate properties, ensuring legal compliance and protecting both parties' interests.

find out more

Bill Of Sale Agreement With Payments

A Singapore-compliant agreement documenting the sale of property with installment payments, including transfer of title and security arrangements.

find out more

Apartment Sale Contract

A Singapore law-governed contract for the sale and purchase of residential apartments, detailing terms of property transfer and party obligations.

find out more

Vessel Purchase And Sale Agreement

A Singapore law-governed agreement for the sale and purchase of a marine vessel, detailing transaction terms and ownership transfer requirements.

find out more

Simple Business Sale Agreement

A standardized agreement for the sale and purchase of a business under Singapore law, outlining key terms and conditions of the transaction.

find out more

Restaurant Sale Agreement

A Singapore law agreement for the sale and purchase of a restaurant business, including assets, licenses, and operational rights.

find out more

Sale Of Agreement For Land

A legally binding agreement for the sale and purchase of land in Singapore, governed by Singapore property law and regulations.

find out more

For Sale As Is Contract

A Singapore-governed contract for the sale of goods in their current condition, without warranties or guarantees.

find out more

Contract For Vehicle Sale With Payments

A Singapore-compliant contract for vehicle sale with installment payments, including ownership transfer and payment terms.

find out more

Contract To Sell House By Owner

A Singapore-compliant legal agreement for direct property sale between owner and buyer without agent involvement.

find out more

Commission Agent Agreement

A Singapore-law governed agreement establishing terms for commission-based sales representation between principal and agent.

find out more

Buy Sell Agreement For Small Business

A Singapore-law governed agreement for the sale and purchase of a small business, including terms, conditions, and transfer of ownership.

find out more

Contract Of Sale Condominium Unit

A Singapore-law governed agreement for the sale and purchase of a condominium unit, detailing terms of transfer and obligations of parties.

find out more

Patent Sale Agreement

A Singapore-law governed agreement for the sale and transfer of patent rights from one party to another, compliant with IPOS requirements.

find out more
See more related templates

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