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Property Sale Contract
"I need a Property Sale Contract for a commercial warehouse in Dublin, Ireland, with completion scheduled for March 2025, that includes specific provisions for existing tenant rights and environmental compliance requirements."
1. Parties: Identification and details of the vendor and purchaser, including full legal names and addresses
2. Background: Context of the sale, including brief property description and intention to sell/purchase
3. Definitions: Defined terms used throughout the contract, including Property, Completion Date, Purchase Price, etc.
4. Property Description: Detailed description of the property being sold, including address, folio number, and boundaries
5. Purchase Price: Agreed purchase price, payment terms, deposit requirements, and payment schedule
6. Title: Vendor's confirmation of good and marketable title, and obligations regarding title transfer
7. Conditions Precedent: Conditions that must be satisfied before completion, including planning compliance and title requirements
8. Completion: Completion date, mechanics of completion, and requirements for closing the sale
9. Vendor's Warranties: Standard warranties regarding property ownership, condition, and absence of encumbrances
10. Purchaser's Warranties: Warranties regarding capacity to purchase and funding arrangements
11. Risk and Insurance: Provisions regarding property risk transfer and insurance requirements
12. Notices: Process and requirements for serving notices under the contract
13. Governing Law: Confirmation of Irish law as governing law and jurisdiction
1. Tenant Rights: Required when the property is sold subject to existing tenancies
2. Planning Permissions: Detailed section needed when the property involves specific planning permissions or conditions
3. VAT: Required when the transaction is subject to VAT
4. Environmental Matters: Needed when there are environmental considerations or contamination issues
5. Management Company: Required for apartments or managed developments
6. Development Rights: Included when there are ongoing or future development rights to be addressed
7. Agricultural Provisions: Required for agricultural land sales
8. Conservation Requirements: Needed for protected structures or properties in conservation areas
1. Schedule 1 - Property Details: Detailed property description, including maps, plans, and boundaries
2. Schedule 2 - Title Documents: List of title documents and certified copies to be delivered on completion
3. Schedule 3 - Fixtures and Fittings: Inventory of items included and excluded from the sale
4. Schedule 4 - Planning Documentation: Copies of relevant planning permissions, certificates, and notices
5. Schedule 5 - Property Searches: Results of legal searches and enquiries
6. Appendix A - Property Maps: Official maps, including Land Registry maps and site plans
7. Appendix B - BER Certificate: Building Energy Rating certificate and advisory report
8. Appendix C - Service Contracts: Details of ongoing service contracts affecting the property
Authors
Real Estate
Legal Services
Banking and Finance
Property Development
Construction
Agriculture
Retail
Hospitality
Commercial Property
Residential Property
Legal
Real Estate
Property Management
Compliance
Finance
Operations
Facilities
Risk Management
Commercial
Administrative
Property Lawyer
Real Estate Agent
Property Manager
Legal Counsel
Conveyancing Solicitor
Property Developer
Commercial Director
Facilities Manager
Compliance Officer
Real Estate Investment Manager
Property Surveyor
Title Officer
Legal Administrator
Real Estate Portfolio Manager
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