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← Building (Strata Management) Act 2004

Building (Strata Management) Act 2004 s 13

s 13 Exceptions to section 11 prohibition

13.—(1) Section 11(1) does not apply —(a) to any agreement, deed or instrument that conveys, transfers, assigns or otherwise disposes of a leasehold interest not exceeding 21 years without an option to renew or purchase; and (b) to any agreement between any purchaser under a collective sale contract of any land and any other party to that collective sale contract whereby the purchaser disposes of any proposed lot to be comprised in a redevelopment of the land to that other party before the legal completion of the collective sale of the land.[35/2017] (2) In subsection (1)(b), “collective sale contract” means —(a) any sale and purchase agreement mentioned in section 84A, 84D, 84E, 84F, 84FA or 84FB of the Land Titles (Strata) Act 1967; (b) any sale and purchase agreement whereby the owners of all the lots in a development agree to sell all their lots to a purchaser; or (c) any sale and purchase agreement whereby the owner of any land agrees to sell the land to a purchaser either by itself or together with the owners of any adjacent land.[13/2010; 35/2017]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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