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Torrens

From option to completion, all in one place.

  1. 01Option grantedSearches and eligibility checks run
  2. 02Option exercisedOTP reviewed and advised on first
  3. 03Stamp dutiesBSD and ABSD worked out for the buyer
  4. 04Standard lettersRoutine letters drafted from the record
  5. 05Completion accountFigures reconciled, taxes included
  6. 06Completion DayKeys collected, documents lodged

The problem

  1. 01

    The same details, typed again

    Client, property, bank and CPF details are re-entered into every form, letter and account across the case.

  2. 02

    Taxes and accounts done by hand

    BSD, ABSD by buyer profile, SSD and GST are worked out from rate tables, and the figures must agree across the completion account, redemption forms and letters.

  3. 03

    Completion needs many letters

    A sale needs letters to the purchaser’s solicitors, the bank and others, each with the right enclosures and figures.

  4. 04

    Case status depends on one person

    Checklists differ for sales, purchases, redemptions and BUC purchases. When a fee earner leaves, the status of their files goes with them.

What Torrens does

Torrens reads the documents and fills in the details. You check what it found.

Details filled in for you

AI reads each document, checks it is the one expected, and fills in the case details. Anything uncertain or conflicting waits for your review, with its source shown. No more typing the same client, property, and bank details into form after form.

Singapore property taxes, worked out

BSD, ABSD by buyer profile, SSD, and GST are calculated with fixed rules, including joint and company buyers. Missing facts are flagged, never guessed, and the figures flow into the completion account.

Bank forms without retyping

For banks whose redemption forms come as PDF binders, Torrens prepares the values to paste in, so the figures match the completion account.

A checklist for every case

Sales, purchases, redemptions, refinancing, and BUC purchases each start with their standard to-dos, from title searches and OTP review to e-lodgement, IRAS notices, and returning the title deeds. When someone leaves, their files do not leave with them.

Progress payments for BUC

Each progressive payment is tracked from payment notice to acknowledgement, stage by stage, from booking fee to title transfer.

In their words

“The workflow is designed with the realities of our legal practice in mind, and has helped us think about how technology can streamline existing processes without disrupting the way our team works.”
Deputy Managing Partner, Conveyancing Firm