The Deed of Release of Restrictive Covenant is utilized when property owners need to remove restrictions that were previously placed on their land use or development. These restrictions might have included limitations on building height, property use, or development type. Under Singapore law, this deed must be properly executed and registered with the Singapore Land Authority to be effective. The document typically includes detailed property descriptions, the specific covenant being released, and the terms of release. This formal instrument ensures compliance with Singapore's property law framework while providing clear evidence of the covenant's discharge.
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1. Parties: Details of the covenantee (party releasing the covenant) and covenantor
2. Background: History of the restrictive covenant and reason for release
3. Definitions: Key terms used in the deed
4. Property Description: Detailed description of the affected property
5. Covenant Details: Description of the restrictive covenant being released
6. Release Provisions: Formal release of the covenant and its effect
7. Execution: Formal execution clauses and signature blocks
1. Consideration: Details of any payment made for the release of the covenant
2. Conditions Precedent: Conditions that must be met before the release takes effect
3. Partial Release: Provisions specifying which parts of the covenant are being released, when only a partial release is intended
1. Property Description Schedule: Detailed legal description of the property including lot numbers and boundaries
2. Original Covenant Schedule: Copy of the original restrictive covenant being released
3. Plans Schedule: Property plans or surveys if relevant to the release
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