What is in the JTC's Letter of Acceptance for Assignment of Lease / Transfer of Lease?

  • From the Assignor/Transferor (Seller):
Letter of acceptance of the terms and conditions in the consent letter;
Administrative fee(s) for the assignment/ transfer of lease application and accompanying change/ extension of use (if applicable). All fees are subject to prevailing GST;
Certified true copy of the resolution (not applicable to partnership or sole-proprietorship);
Letter of undertaking from solicitor;
Any outstanding Certificate of Statutory Completion (CSC) for existing buildings and structures (if applicable);
Letter of confirmation pertaining to subletting (if applicable).

  • From the Assignee/ Transferee (Buyer):
Letter of acceptance of the terms and conditions in the consent letter;
Certified true copy of the resolution (not applicable to partnership or sole-proprietorship);
Duly completed GIRO authorization form;
Memorandum of Articles and Associations (not applicable to partnership or sole-proprietorship);
Certificate of incorporation (not applicable to partnership or sole-proprietorship) or certificate of registration (for limited liability partnerships);
Letter of undertaking from assignee/ transferee (applicable for inclusion or withdrawal of partners or conversion to Pte Ltd).