lol

draft transfer on elodgement
- property details
- vendor's particulars/ purchaser's particulars
- date of the contract (date when you exercised)
- consideration amount
- certificate of real property act
- residential property act
- similar interest (interest similar to that of caveator)
- certificate of correctness
- print and send to the v's solicitors for their approval
- covering letter must say "we hereby enclose the draft transfer, kindly return it to us duly approved"; after send it back to them for their clients to sign
- buyer's stamp fee cert number (193233-00MA1-1-606955019)
1. description of land is same;
2. transferor is the vendors (they're transferring their rights);
3. transferee is client (PUT DOWN MR LIM'S CITIZENSHIP, convince SLA that Mr lim is singaporean);
4. consideration details (date of contract; date of exercise of option; consideration = purchase price);
5. prior encumbrances (look at title search, there's a restrictive covenant (it runs with the land, can never remove), quote the restriction number);
6. date of instrument (completion date; 4th February 2021);
7. who's going to execute (vendors will sign individually, vendor's names);
8. RPA (singaporean client, citizenship verified by the lawyer, gloria Ku);
9. similar interest confirmation (lodged a caveat, same interest as transfer, registration particulars of caveat - CV/9382G, once register transfer will remove caveat);
10. certificate of correctness (certify particular's transferee (gloria ku) and transferor (soh kan cheong));
11. file reference number

NO NEED DO: 2, certificate pursuant to HDA, trust

- purchaser's solicitors to ensure purchaser gets title (prescribed form of transfer) - purpose of draft transfer
- completion is on 4th february 2021 (found on paragraph 6) - shall be at the vendor's solicitors' office on or before that date
- the vendor shall execute an assurance of the property in favour of pourchaser; vendor prepares it at the expense of the purchaser (we prepare the transfer)
- purchasers give
- 3,000 legal cost vendors sols

roleplay:
- vendor's sols and purchaser's sols
- bank's sols; hand us the cheque
- bank's sols want documents to ensure title is given to purchaser; launch mortgage
- certificate on title; being mortgaged to CPF and every man development bank


3rd deliverable:
- take a loan from the bank
- purchaser wants a loan of $1,700,000 from mortgagee; released as cashier's orders (last week's letter)
- total discharge of mortgage; discharge of charge; stem fee for mortgage ($500) ((EVERYTHING EXCEPT AUTHORISATION FORM))
- discharging mortgagee (every man dev bank)
- we give cpf money they give discharge of charge 9remove all encumbrances cuz vendors promised us a clean title)