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Real Estate Contract Form Template for England and Wales

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Key Requirements PROMPT example:

Real Estate Contract Form

"I need a Real Estate Contract Form for the sale of a mixed-use commercial property in central London, with specific provisions for existing tenant rights and environmental warranties, planned for completion in March 2025."

Document background
The Real Estate Contract Form serves as the foundational document for property transactions in England and Wales. It is essential when transferring ownership of real property, whether residential or commercial. This document encompasses all necessary legal requirements under English law, including those specified in the Law of Property Act 1925 and subsequent legislation. The contract form details the property specifications, parties involved, purchase price, completion timeline, and any special conditions or warranties. It provides legal protection for both buyers and sellers while ensuring compliance with land registration requirements.
Suggested Sections

1. Parties: Details of the seller and buyer, including full legal names and addresses

2. Background: Context of the transaction and property details

3. Definitions: Key terms used throughout the contract

4. Property Description: Detailed description of the property including boundaries and title number

5. Purchase Price: Amount and payment terms

6. Completion Date: Agreed date for completion of the sale

7. Title Guarantee: Extent of title guarantee provided by seller

8. Vacant Possession: Confirmation of vacant possession on completion

Optional Sections

1. Fixtures and Fittings: Details of items included/excluded from sale - use when specific items need to be listed as included or excluded

2. Planning Permissions: Details of existing planning permissions - use when property has relevant planning permissions or restrictions

3. Environmental Matters: Environmental considerations and warranties - use when environmental issues are relevant to the property

4. Tenant Rights: Details of existing tenancies - use when property is sold subject to existing tenancies

Suggested Schedules

1. Property Plan: Detailed plan showing property boundaries and location

2. Title Documents: Copies of relevant title documents and registers

3. Fixtures and Fittings List: Detailed inventory of included/excluded items

4. Property Information Form: Standard property information provided by seller

5. Energy Performance Certificate: Current EPC for the property

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































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Relevant Industries
Relevant Teams
Relevant Roles
Industries

Law of Property Act 1925: Fundamental legislation governing real property transactions, including requirements for contracts relating to land and legal estates and interests in land

Land Registration Act 2002: Core legislation covering requirements for property registration, priority of interests, and electronic conveyancing provisions

Law of Property (Miscellaneous Provisions) Act 1989: Key legislation establishing that contracts must be in writing and setting formal validity requirements, particularly Section 2

Housing Act 2004: Legislation governing property standards and conditions, including the Housing Health and Safety Rating System (HHSRS)

Landlord and Tenant Act 1985: Legislation governing the relationship between landlords and tenants, including repair obligations and tenant rights

Consumer Rights Act 2015: Legislation protecting consumer rights in residential property transactions and ensuring fairness in consumer contracts

Estate Agents Act 1979: Legislation regulating estate agents' conduct and responsibilities in property transactions

Land Charges Act 1972: Legislation governing the registration of certain land charges and other rights affecting land

Money Laundering Regulations 2017: Regulatory requirements for preventing money laundering in property transactions and conducting due diligence

Stamp Duty Land Tax (SDLT) Regulations: Tax regulations governing property transactions and the payment of stamp duty land tax

Land Registry Requirements: Official procedures and requirements for registering property transactions and maintaining property records

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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