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Offer To Purchase Real Estate Form Template for Ireland

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Key Requirements PROMPT example:

Offer To Purchase Real Estate Form

"I need an Offer To Purchase Real Estate Form for a three-bedroom residential property in Dublin, Ireland, with the offer contingent on mortgage approval and a successful building survey, with an intended completion date of March 15, 2025."

Document background
The Offer To Purchase Real Estate Form is a crucial document in Irish property transactions, serving as the formal initiation of a property purchase process. It is typically used when a potential buyer wishes to make a legally documented offer on a property, whether residential or commercial, in Ireland. The document encompasses essential elements required under Irish property law, including the offered purchase price, property details, conditions of sale, and any contingencies such as mortgage approval or property inspections. This form is designed to comply with Irish legislation, particularly the Land and Conveyancing Law Reform Act 2009, and provides a structured framework for negotiating property transactions while ensuring legal protection for all parties involved. It represents a significant step in the property acquisition process, though it typically precedes the more detailed contract for sale.
Suggested Sections

1. Parties: Identification of the potential purchaser(s) and seller(s), including full legal names, addresses, and contact information

2. Property Details: Full legal description of the property, including address, folio number, and boundaries as registered with the Land Registry

3. Purchase Price: The offered purchase price in numbers and words, including the proposed payment structure and deposit amount

4. Deposit Terms: Details of the deposit amount, when it must be paid, and the conditions for its holding and release

5. Closing Date: Proposed date for closing the transaction and conditions affecting this date

6. Property Inspection: Terms regarding the right to inspect the property and any conditions related to the inspection

7. Title Requirements: Specifications regarding the type of title required and any title-related conditions

8. Conditions Precedent: Essential conditions that must be met before the sale can proceed, including mortgage approval if applicable

9. Representations and Warranties: Standard representations and warranties from both parties regarding their capacity to enter into the agreement

10. Execution: Signature blocks for all parties and witnesses, including date of signing

Optional Sections

1. Mortgage Contingency: To be included when the offer is contingent on the buyer securing mortgage financing, specifying terms and deadlines

2. Sale of Existing Property: Include when the purchase is contingent on the buyer selling their existing property

3. Planning Permission: Required when the offer is contingent on obtaining specific planning permissions or certificates

4. Fixtures and Fittings: Detailed list of items included/excluded in the sale when these differ from standard inclusions

5. Management Company: Include for apartments or managed developments, detailing service charges and management company arrangements

6. Rental Status: Include when property is currently tenanted, detailing arrangements regarding existing tenancies

Suggested Schedules

1. Schedule 1 - Property Description: Detailed legal description of the property, including maps and boundaries

2. Schedule 2 - Fixtures and Fittings: Comprehensive inventory of items included in and excluded from the sale

3. Schedule 3 - Special Conditions: Any special conditions or requirements specific to this transaction

4. Appendix A - Property Plans: Copy of property plans, maps, or drawings as registered with the Land Registry

5. Appendix B - Planning Documentation: Copies of relevant planning permissions, certificates, or applications

6. Appendix C - BER Certificate: Building Energy Rating certificate and advisory report

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






























Clauses






























Relevant Industries

Real Estate

Property Development

Banking and Finance

Legal Services

Construction

Residential Property

Commercial Property

Property Management

Public Sector

Hospitality

Relevant Teams

Legal

Real Estate

Property Management

Facilities

Compliance

Finance

Operations

Investment

Risk Management

Corporate Services

Relevant Roles

Real Estate Agent

Property Lawyer

Conveyancing Solicitor

Property Manager

Facilities Manager

Real Estate Developer

Property Investment Manager

Legal Counsel

Compliance Officer

Real Estate Broker

Property Acquisition Manager

Real Estate Investment Analyst

Corporate Real Estate Manager

Industries








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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