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A Commercial Real Estate Agreement is a fundamental legal instrument used in Ireland for transactions involving commercial properties, including office buildings, retail spaces, industrial facilities, and mixed-use developments. This document is essential when businesses or individuals seek to purchase, sell, or transfer commercial real estate assets in Ireland. It encompasses crucial elements such as property specifications, financial terms, legal obligations, and compliance requirements under Irish property law. The agreement must align with various Irish legislative requirements, including the Land and Conveyancing Law Reform Act 2009, Planning and Development Acts, and relevant building regulations. It serves as a comprehensive record of the transaction terms while providing legal protection for all parties involved.

1. Parties: Identification and details of all parties involved in the agreement, including full legal names, registered addresses, and company registration numbers if applicable

2. Background: Context of the transaction, brief description of the property, and purpose of the agreement

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Property Description: Comprehensive legal description of the property, including boundaries, floor area, and any included fixtures and fittings

5. Purchase Price and Payment Terms: Details of the purchase price, payment schedule, deposit requirements, and payment methods

6. Conditions Precedent: Conditions that must be satisfied before completion of the transaction

7. Title and Registration: Provisions regarding property title, warranties, and registration requirements

8. Completion: Process and requirements for completing the transaction

9. Representations and Warranties: Statements and guarantees made by both parties regarding the property and transaction

10. Covenants: Ongoing obligations and restrictions regarding the property

11. Risk and Insurance: Allocation of risk and insurance requirements

12. Default and Remedies: Consequences of breach and available remedies

13. Notices: Process for formal communications between parties

14. Governing Law and Jurisdiction: Confirmation of Irish law application and jurisdiction