Housing and Development Act |
Housing and Development (Design-Build-and-Sell Scheme — Form of Contract) Rules |
R 14 |
G.N. No. S 508/2006 |
REVISED EDITION 2010 |
(31st May 2010) |
[28th August 2006] |
Citation |
1. These Rules may be cited as the Housing and Development (Design-Build-and-Sell Scheme — Form of Contract) Rules. |
Definitions |
2. In these Rules, unless the context otherwise requires —
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Option to purchase |
Agreement for sale and purchase |
4.—(1) An agreement for the sale and purchase of a DBSS flat given by an approved developer to a purchaser shall be in Form B in the Schedule, or in Form B as amended under rule 5.
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Variation of option or agreement form |
5.—(1) An approved developer shall not make or cause to be made any amendment to any of the provisions in an option to purchase in Form A in the Schedule, or an agreement for the sale and purchase in Form B in the Schedule, except with the prior approval in writing of the Board.
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Assignment by purchaser |
6.—(1) No purchaser of a DBSS flat shall assign to another all his rights, title and interest under an agreement made between him and the approved developer for the sale and purchase of the DBSS flat unless the purchaser has obtained the prior written approval of the Board.
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Unsold DBSS flats |
7.—(1) Where the Minister has under section 65P(1) of the Act published in the Gazette a notification declaring that the lease of every unsold DBSS flat shall vest in the approved developer —
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Waivers and void options and agreements |
8.—(1) Any option to purchase a DBSS flat given by an approved developer that is not in compliance with rule 3(1) or 7 shall be void.
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