Singapore legislation
Clause 82
Clause 82
Acting for housing developer and purchase prohibited
(1)
No solicitor who acts for a housing developer in a sale of immovable property developed under a housing development shall in the same transaction act for the purchaser of that property.
(2)
In subsection (1) of this section —
the terms “develop”, “housing developer” and “housing development” shall have the meanings assigned thereto respectively in the Housing Developers (Control and Licensing) Ordinance, 1965 (Ord. 4 of 1965); and (b)“sale of immovable property” shall include the grant of a lease for a term exceeding three years.
(3)
The provisions of subsection (1) of this section are without prejudice to any law affecting solicitors who act for parties where there is a conflict of interest or where a conflict of interest may arise.
(4)
Disciplinary proceedings may be taken against a solicitor who acts in contravention of the provisions of subsection (1) of this section.