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Simple Land Contract Purchase Agreement
"I need a Simple Land Contract Purchase Agreement for a commercial plot in Dublin, Ireland, with completion scheduled for March 2025, including specific provisions for existing tenant agreements and development permissions."
1. Parties: Identifies and defines the Vendor/Seller and Purchaser/Buyer with full legal names and addresses
2. Background: Outlines the context of the agreement, including the Vendor's ownership and intention to sell
3. Definitions: Defines key terms used throughout the agreement including Property, Completion Date, Purchase Price, and other relevant terms
4. Agreement to Sell: Core agreement where Vendor agrees to sell and Purchaser agrees to buy the Property
5. Property Description: Detailed description of the property including boundaries, folio number, and any included fixtures and fittings
6. Purchase Price: Specifies the agreed purchase price, deposit amount, and payment terms
7. Completion: Details of the completion process, timing, and requirements
8. Title and Registration: Vendor's warranties regarding title and requirements for registration of the transfer
9. Vendor's Obligations: Lists all obligations of the Vendor including delivering title documents and vacant possession
10. Purchaser's Obligations: Lists all obligations of the Purchaser including payment and compliance with conditions
11. Conditions Precedent: Any conditions that must be satisfied before completion
12. Risk and Insurance: Provisions regarding property risk and insurance requirements until completion
13. Default: Consequences of default by either party
14. Notices: How and where formal notices under the agreement must be served
15. Governing Law: Confirms Irish law governs the agreement
1. Planning Permissions: Required when the property has existing planning permissions or requires new ones
2. Existing Tenancies: Required when the property is subject to existing tenancies that will continue after sale
3. Environmental Matters: Required when there are environmental considerations or restrictions
4. Agricultural Provisions: Required for agricultural land sales including any relevant grants or schemes
5. Development Potential: Required when the land has development potential that affects its value
6. Rights of Way: Required when there are existing rights of way or easements
7. Service Contracts: Required when there are ongoing service contracts that may transfer with the property
8. VAT Provisions: Required when the transaction is subject to VAT
1. Schedule 1 - Property Details: Detailed property description, including maps, boundaries, and folio numbers
2. Schedule 2 - Fixtures and Fittings: Comprehensive list of items included and excluded from the sale
3. Schedule 3 - Title Documents: List of all title documents and searches provided
4. Schedule 4 - Special Conditions: Any special conditions or requirements specific to this sale
5. Appendix A - Property Maps: Official maps and plans of the property
6. Appendix B - Planning Documents: Copies of relevant planning permissions and certificates
7. Appendix C - Environmental Reports: Any environmental surveys or reports if applicable
8. Appendix D - Building Certificates: Relevant building certificates and compliance documents if applicable
Authors
Real Estate
Agriculture
Commercial Property
Residential Property
Construction
Property Development
Banking and Finance
Legal Services
Hospitality
Retail
Industrial
Public Sector
Legal
Real Estate
Property Management
Compliance
Operations
Facilities
Business Development
Investment
Risk Management
Finance
Real Estate Lawyer
Property Solicitor
Legal Counsel
Property Manager
Estate Agent
Real Estate Broker
Land Surveyor
Property Developer
Conveyancing Manager
Legal Director
Compliance Officer
Real Estate Investment Manager
Property Portfolio Manager
Facilities Manager
Commercial Director
Business Development Manager
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