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Property Sale Contract Template for Ireland

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Key Requirements PROMPT example:

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."

Document background
The Property Sale Contract is a fundamental legal document used in Irish property transactions to formalize and execute the sale of real estate. It serves as the primary agreement between vendors and purchasers, incorporating all essential terms, conditions, and obligations required under Irish law. This document is crucial for both residential and commercial property transactions, ensuring compliance with key legislation such as the Land and Conveyancing Law Reform Act 2009 and the Registration of Title Act 1964. It typically includes comprehensive details about the property, price, payment terms, warranties, and completion requirements, while also addressing specific conditions such as planning permissions, title requirements, and property-specific obligations. The contract provides legal protection for all parties involved and serves as the basis for the property transfer process in the Land Registry.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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

Legal Services

Banking and Finance

Property Development

Construction

Agriculture

Retail

Hospitality

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Finance

Operations

Facilities

Risk Management

Commercial

Administrative

Relevant Roles

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

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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