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Standard Real Estate Purchase Agreement Template for Ireland

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Key Requirements PROMPT example:

Standard Real Estate Purchase Agreement

"I need a Standard Real Estate Purchase Agreement under Irish law for the purchase of a residential property in Dublin, with completion scheduled for March 2025, including specific provisions for an existing tenant's rights and management company obligations."

Document background
The Standard Real Estate Purchase Agreement is a fundamental legal document used in Irish property transactions for both residential and commercial properties. It serves as the primary contract between a seller and purchaser, documenting the agreed terms and conditions for the property transfer. This agreement is designed to comply with Irish property law, including the Land and Conveyancing Law Reform Act 2009 and related legislation. It includes essential elements such as property description, purchase price, title requirements, warranties, and completion mechanics. The document is typically prepared by legal professionals and can be adapted for various property types, from residential homes to commercial buildings. It provides crucial legal protection for all parties involved and ensures a clear framework for the transaction's completion.
Suggested Sections

1. Parties: Identification of the seller and purchaser with full legal names and addresses

2. Background: Context of the transaction and brief property description

3. Definitions: Defined terms used throughout the agreement

4. Property Description: Detailed description of the property including boundaries and registered title number

5. Purchase Price: Agreed purchase price and payment terms including deposit arrangements

6. Conditions Precedent: Conditions that must be satisfied before completion

7. Title: Seller's confirmation of good marketable title and requirements for title transfer

8. Seller's Warranties: Standard warranties regarding property ownership, condition, and disclosed information

9. Purchaser's Warranties: Confirmations regarding purchaser's ability to complete the transaction

10. Completion: Completion date, mechanics, and requirements

11. Risk and Insurance: Transfer of risk and insurance obligations

12. Notices: How formal notices under the agreement should be given

13. Governing Law: Confirmation of Irish law as governing law

14. Entire Agreement: Standard entire agreement clause

Optional Sections

1. Planning Permissions: Required when the property has existing planning permissions or requires new ones

2. Management Company: Required for apartments or properties in managed developments

3. Tenant Rights: Required when the property is sold subject to existing tenancies

4. VAT: Required when the transaction is subject to VAT

5. Development Rights: Required when there are ongoing or planned developments affecting the property

6. Environmental Matters: Required when there are specific environmental considerations or protections

7. Agricultural Rights: Required for properties with agricultural ties or restrictions

8. Rights of Way: Required when there are specific access rights or easements

Suggested Schedules

1. Schedule 1 - Property Details: Detailed property description, including maps and plans

2. Schedule 2 - Fixtures and Fittings: List of items included and excluded from the sale

3. Schedule 3 - Title Documents: List of relevant title documents and registered burdens

4. Schedule 4 - Planning Documentation: Copies of relevant planning permissions and certificates

5. Schedule 5 - Property Searches: Results of standard property searches

6. Appendix A - Property Maps: Official maps showing property boundaries and location

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

Property Management

Agricultural (for rural properties)

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Risk Management

Commercial

Contracts

Property Development

Acquisitions

Operations

Relevant Roles

Real Estate Lawyer

Property Solicitor

Real Estate Agent

Property Manager

Legal Counsel

Conveyancing Manager

Property Developer

Contract Manager

Real Estate Investment Manager

Property Transaction Coordinator

Compliance Officer

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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