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Realty Purchase Agreement
"I need a Realty Purchase Agreement under Irish law for a commercial property purchase in Dublin city center, with specific provisions for existing tenant rights and service charge arrangements, targeted for completion in March 2025."
1. Parties: Identification of the Vendor and Purchaser with full legal names and addresses
2. Background: Context of the transaction and brief property description
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property including boundaries, folio number, and registered details
5. Purchase Price: Agreed purchase price, deposit amount, and payment terms
6. Completion: Closing date and completion requirements
7. Title and Registration: Vendor's obligations regarding title, Land Registry requirements, and transfer process
8. Vendor's Warranties: Warranties regarding property ownership, encumbrances, and condition
9. Purchaser's Warranties: Purchaser's confirmations regarding funding and capacity to complete
10. Conditions Precedent: Conditions that must be satisfied before completion
11. Risk and Insurance: Property risk transfer and insurance requirements
12. Notices: Process for serving notices between parties
13. Governing Law: Confirmation of Irish law governance and jurisdiction
14. Execution: Signature blocks and execution requirements
1. Planning Compliance: Used when the property requires specific planning permission confirmations or has outstanding planning issues
2. Tenant Rights: Required when the property is sold subject to existing tenancies
3. VAT: Included when the transaction is subject to VAT or when the property is commercial
4. Environmental Matters: Required for properties with potential environmental concerns or requirements
5. Service Charges: Included for properties subject to management companies or service charge arrangements
6. New Build Provisions: Required for new construction properties, including warranties and snag list procedures
7. Agricultural Provisions: Used when the property includes agricultural land or related rights
8. Break Clause: Optional provision allowing either party to terminate under specific circumstances
9. Special Conditions: Used when unique circumstances require additional terms
1. Schedule 1 - Property Details: Detailed property description, including maps and plans
2. Schedule 2 - Fixtures and Fittings: Inventory of items included and excluded from the sale
3. Schedule 3 - Title Documents: List of all relevant title documents and encumbrances
4. Schedule 4 - Planning Documentation: Copies of relevant planning permissions and certificates
5. Appendix A - Property Maps: Official property maps and boundary details
6. Appendix B - Building Energy Rating Certificate: Current BER certificate and advisory report
7. Appendix C - Property Searches: Results of planning, tax, and other relevant searches
8. Appendix D - Special Conditions: Detailed special conditions if applicable
Authors
Real Estate
Banking and Finance
Legal Services
Construction
Property Development
Property Management
Agriculture
Retail
Commercial Property
Residential Property
Legal
Real Estate
Property Management
Facilities
Compliance
Finance
Investment
Operations
Risk Management
Administrative Support
Property Lawyer
Real Estate Agent
Property Manager
Conveyancing Solicitor
Legal Counsel
Property Developer
Commercial Director
Investment Manager
Facilities Manager
Real Estate Portfolio Manager
Property Surveyor
Mortgage Advisor
Legal Administrator
Compliance Officer
Real Estate Analyst
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