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Real Estate Contract To Sell
"I need a Real Estate Contract to Sell for a residential property in Dublin, with completion planned for March 2025, including standard warranties and vacant possession on completion."
1. Parties: Identifies and provides full details of the Vendor and Purchaser
2. Background: Establishes the context of the sale and confirms the Vendor's ownership of the property
3. Definitions: Defines key terms used throughout the contract
4. Property Description: Detailed description of the property being sold, including its address and folio number
5. Purchase Price: States the agreed purchase price and payment terms, including deposit arrangements
6. Completion: Specifies the completion date and procedures for closing the sale
7. Title: Vendor's confirmation of good marketable title and obligations regarding title documentation
8. Vendor's Warranties: Standard warranties regarding the property's condition, planning status, and other legal matters
9. Purchaser's Obligations: Outlines the purchaser's responsibilities including payment terms and documentation requirements
10. Risk and Insurance: Addresses property risk transfer and insurance requirements until completion
11. Notices: Specifies how and where formal notices between parties should be served
12. Governing Law: Confirms Irish law as the governing law of the contract
1. Tenant Rights: Required when the property is sold subject to existing tenancies
2. VAT: Included when the property sale is subject to VAT
3. Planning Conditions: Required when specific planning permissions or restrictions affect the property
4. Management Company: Included for apartments or managed developments
5. Rural Property Provisions: Required for agricultural land or properties with specific rural considerations
6. Protected Structure: Included when the property is a protected structure under Irish law
7. Environmental Matters: Required when environmental issues or assessments are relevant to the property
1. Schedule 1 - Property Details: Comprehensive description of the property, boundaries, and included fixtures and fittings
2. Schedule 2 - Title Documents: List of all title documents and their locations
3. Schedule 3 - Planning Documentation: Details of planning permissions, certificates, and compliance
4. Schedule 4 - Services: Details of utilities and services connected to the property
5. Appendix A - Property Maps: Maps and plans showing the property boundaries and location
6. Appendix B - BER Certificate: Building Energy Rating certificate and advisory report
7. Appendix C - Property Service Charges: Details of any management fees or service charges (if applicable)
8. Appendix D - Requisitions on Title: Standard pre-contract enquiries and responses
Authors
Real Estate
Property Development
Construction
Legal Services
Financial Services
Property Management
Agriculture (for rural properties)
Retail (for commercial properties)
Hospitality (for hotel/restaurant properties)
Legal
Real Estate
Property Management
Compliance
Commercial
Investment
Operations
Risk Management
Corporate Services
Business Development
Real Estate Lawyer
Property Solicitor
Conveyancing Solicitor
Real Estate Agent
Property Manager
Legal Counsel
Property Developer
Investment Manager
Real Estate Portfolio Manager
Commercial Property Director
Real Estate Transaction Manager
Property Services Director
Land Registry Officer
Property Compliance Officer
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