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Purchase Deed

Purchase Deed Template for Ireland

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Key Requirements PROMPT example:

Purchase Deed

"I need a Purchase Deed drafted for the acquisition of a commercial warehouse property in Dublin Industrial Estate, with specific provisions for existing tenant rights and environmental compliance warranties to be completed by March 2025."

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Document background
A Purchase Deed is the cornerstone document in Irish property transactions, used to legally transfer ownership of real property from one party to another. This document is essential in both residential and commercial property transactions in Ireland and must be drafted in accordance with the Land and Conveyancing Law Reform Act 2009 and other relevant Irish legislation. The Purchase Deed includes crucial information such as the property's legal description, purchase price, party details, and various legal covenants and warranties. It is used following the exchange of contracts and completion of pre-contract investigations, forming the final step in the property transfer process. The deed must be properly executed, witnessed, and registered with the Property Registration Authority to effect the legal transfer of ownership.
Suggested Sections

1. Date and Parties: Date of deed execution and full legal names and addresses of the Vendor(s) and Purchaser(s)

2. Recitals: Background information including Vendor's title, contract for sale reference, and any relevant property history

3. Definitions and Interpretation: Definitions of key terms used in the deed and interpretation clauses

4. Testatum: Formal statement of consideration and acknowledgment of its receipt

5. Operative Part: The actual conveyance of the property using proper words of conveyance

6. Parcels: Detailed description of the property being conveyed, including boundaries and any rights or easements

7. Title Covenants: Standard covenants for title as required by Section 80 of the Land and Conveyancing Law Reform Act 2009

8. Execution and Attestation: Formal execution block for signatures, witness details, and attestation clauses

Optional Sections

1. Special Conditions: Used when there are specific conditions or restrictions attached to the property transfer

2. Existing Mortgage Provisions: Required when there's an existing mortgage to be discharged

3. Family Home Declaration: Needed when the property is or was a family home under the Family Home Protection Act

4. Planning Warranties: Additional warranties regarding planning compliance, particularly for newer properties

5. Service Charge Provisions: Required for apartments or managed developments

6. Rights of Way: Detailed when specific access rights need to be granted or reserved

Suggested Schedules

1. First Schedule: Detailed property description including folio number, boundaries, and measurements

2. Second Schedule: Rights and easements granted with the property

3. Third Schedule: Exceptions and reservations from the sale

4. Fourth Schedule: Encumbrances and burdens affecting the property

5. Maps and Plans: Property maps, site plans, and any relevant drawings

6. Planning Documentation: Copies of relevant planning permissions and certificates

7. Title Documents: List of title documents handed over or retained

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



































Clauses























Relevant Industries

Real Estate

Property Development

Banking and Finance

Legal Services

Construction

Retail

Commercial Property

Residential Property

Agriculture

Industrial

Hospitality

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Commercial

Corporate Services

Facilities

Risk Management

Operations

Investment

Relevant Roles

Property Lawyer

Conveyancing Solicitor

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Title Officer

Property Manager

Real Estate Agent

Land Registry Officer

Commercial Director

Investment Manager

Property Investment Advisor

Asset Manager

Industries








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