Due acceptance of terms and conditions to the assignment or transfer of lease
To properly accept all JTC's terms and conditions of consent to the assignment or transfer of lease, all the following documents must be submitted to JTC within 3 weeks from the date of consent:
From the Assignor or Transferor (Seller):
- Letter of acceptance of the terms and conditions in the consent letter;
- Administrative fee prescribed by JTC of up to $500 and an additional fee of $500 (for non-amenity) or $100 (for amenity), for the change of use, if applicable. All fees are subjected 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 or 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);
- Clearances from CBPU and PUB and a copy of the application form submitted where applicable;
- Letter of undertaking from assignee or transferee (applicable for inclusion or withdrawal of partners or conversion to Pte Ltd).