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Agreement For Sale And Sale Deed
"I need an Agreement for Sale and Sale Deed for a residential property purchase in Auckland, New Zealand, with settlement planned for March 15, 2025, including specific provisions for existing tenants who will remain in the property after the sale."
1. Parties: Identifies and provides full legal details of the vendor and purchaser
2. Background: Sets out the context of the sale and key preliminary matters
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Agreement to Sell and Purchase: States the core agreement to sell and purchase the property
5. Property Description: Detailed description of the property including legal description, title references, and included chattels
6. Purchase Price: Specifies the purchase price, deposit requirements, and payment terms
7. Settlement: Details the settlement process, timing, and requirements
8. Title and Registration: Addresses title requirements, transfer processes, and registration obligations
9. Warranties and Undertakings: Sets out the warranties given by both parties
10. Pre-settlement Obligations: Specifies obligations of both parties before settlement
11. Default: Outlines consequences of default by either party
12. GST Provisions: Addresses GST status and requirements
13. General Provisions: Contains standard boilerplate clauses including notices, amendments, and governing law
14. Execution: Formal execution block for signing by all parties
1. Conditions Precedent: Used when the agreement is subject to specific conditions that must be met before becoming unconditional
2. Tenancy Provisions: Required when the property is sold with existing tenants
3. Body Corporate: Included for unit title properties to address body corporate matters
4. Overseas Investment Provisions: Required when purchaser is an overseas person under the Overseas Investment Act
5. Development Provisions: Used for properties under development or with pending modifications
6. Vendor Finance: Included when the vendor is providing financing arrangements
7. Guarantees: Required when there are guarantors for either party
8. Resource Management Matters: Included when there are specific resource management considerations or consents
9. Remediation Provisions: Used when property requires environmental or other remediation work
1. Schedule 1: Property Details: Detailed description of land, improvements, and title particulars
2. Schedule 2: Included Chattels: Comprehensive list of chattels included in the sale
3. Schedule 3: Payment Schedule: Detailed breakdown of payment terms and timing
4. Schedule 4: Warranties: Specific warranties given by the vendor
5. Schedule 5: Disclosed Matters: List of matters disclosed by the vendor
6. Appendix A: Title Documents: Copy of title and relevant registered documents
7. Appendix B: LIM Report: Land Information Memorandum report details
8. Appendix C: Property Inspection Reports: Any relevant property inspection or building reports
9. Appendix D: Tenancy Information: Details of existing tenancies if applicable
10. Appendix E: Plans and Drawings: Relevant plans, drawings or specifications
Authors
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Agriculture (for farm sales)
Commercial Property
Residential Property
Retail
Hospitality
Industrial
Education (for institutional properties)
Healthcare (for medical facilities)
Legal
Real Estate
Property Management
Compliance
Operations
Commercial
Business Development
Risk Management
Finance
Administrative Support
Property Lawyer
Real Estate Agent
Conveyancing Manager
Property Manager
Legal Counsel
Commercial Director
Property Developer
Settlement Officer
Compliance Officer
Real Estate Broker
Title Officer
Property Consultant
Business Development Manager
Chief Legal Officer
Real Estate Transaction Coordinator
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