tiktok³ÉÈË°æ

All Countries
Real Estate
Assignable Real Estate Contract

Assignable Real Estate Contract Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Assignable Real Estate Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Assignable Real Estate Contract

"I need an Assignable Real Estate Contract for a commercial property development in Auckland, where I plan to purchase a warehouse property by March 2025 with the ability to assign the purchase rights to up to three different development companies before settlement."

Celebrated by
Collaborations with
Investors
Document background
The Assignable Real Estate Contract is a specialized legal instrument designed for property transactions in New Zealand where the initial purchaser may wish to transfer their rights to a third party before settlement. This document is particularly useful in property development, investment scenarios, or when purchasers need flexibility in their property acquisition strategy. The contract incorporates all standard elements of a New Zealand property sale agreement while adding specific provisions for assignment rights, compliance with the Property Law Act 2007, and relevant real estate regulations. It includes comprehensive sections covering property details, payment terms, conditions precedent, warranties, and assignment mechanisms, making it suitable for both residential and commercial property transactions. The document ensures compliance with New Zealand's legal requirements while providing clear procedures for assignment and protecting the interests of all parties involved.
Suggested Sections

1. Parties: Identifies and defines all parties to the contract including the Vendor, Purchaser, and potential Assignee

2. Background: Sets out the context of the transaction and the parties' intention to create an assignable contract

3. Definitions: Defines key terms used throughout the agreement, including property-specific and assignment-related terminology

4. Property Details: Comprehensive description of the property including legal description, title references, and included fixtures/fittings

5. Purchase Price: Specifies the purchase price, payment terms, and deposit requirements

6. Assignment Rights: Details the right to assign the contract, conditions for assignment, and notification requirements

7. Settlement and Possession: Specifies settlement date, possession arrangements, and key deadlines

8. Title and Transfer: Addresses title requirements, transfer processes, and any title encumbrances

9. Conditions: Lists standard conditions precedent including due diligence, finance, and title review

10. Warranties: Vendor warranties regarding the property and assignment-specific warranties

11. Default and Remedies: Consequences of default and available remedies for both original and assigned contracts

12. General Terms: Standard contract terms including notices, governing law, and dispute resolution

Optional Sections

1. Tenant Rights and Obligations: Required if property is currently tenanted, addressing existing tenancy agreements

2. GST Provisions: Required if either party is GST-registered or if property is part of a taxable activity

3. Overseas Investment Provisions: Required if potential assignees might include overseas persons

4. Development Provisions: Required if property has development potential or pending consents

5. Body Corporate: Required for units under Unit Titles Act, including body corporate rules and obligations

6. Resource Management Compliance: Required if property has specific resource consent requirements or limitations

7. Chattels Lease: Required if any chattels are subject to lease arrangements

8. Builder's Report Condition: Optional condition for residential properties requiring building inspection

Suggested Schedules

1. Schedule 1: Property Details: Detailed property description, certificate of title, and legal boundaries

2. Schedule 2: Chattels List: Comprehensive list of chattels included/excluded in the sale

3. Schedule 3: Required Documents: List of documents required for settlement and assignment

4. Schedule 4: Special Conditions: Any special conditions specific to the property or transaction

5. Schedule 5: Assignment Form: Template form for executing assignment of the contract

6. Appendix A: LIM Report: Land Information Memorandum report details

7. Appendix B: Title Documents: Copies of title documents and registered encumbrances

8. Appendix C: Property Plans: Property plans, boundaries, and building layouts

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions










































Clauses



































Relevant Industries

Real Estate

Property Development

Construction

Legal Services

Banking and Finance

Property Investment

Property Management

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Property Management

Investment

Commercial

Compliance

Risk Management

Operations

Acquisitions

Due Diligence

Relevant Roles

Real Estate Agent

Property Lawyer

Conveyancing Lawyer

Property Developer

Investment Manager

Legal Counsel

Property Manager

Commercial Director

Contracts Manager

Real Estate Broker

Property Investment Advisor

Settlement Officer

Real Estate Transaction Coordinator

Due Diligence Officer

Property 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

Find the exact document you need

Supply Purchase Agreement

A New Zealand-governed agreement establishing terms for the supply and purchase of goods between parties, including ordering, delivery, pricing, and quality requirements.

find out more

Letter Of Intent To Purchase (Real Estate)

A preliminary document under New Zealand law expressing a potential buyer's intention to purchase specific real estate and outlining proposed purchase terms.

find out more

Letter Of Intent To Purchase Commercial (Real Estate)

A preliminary document under New Zealand law expressing intent to purchase commercial property and outlining key proposed transaction terms.

find out more

Letter Of Intent Commercial (Real Estate)

A preliminary document outlining proposed terms for commercial property transactions in New Zealand, setting the framework for property purchase negotiations while specifying binding and non-binding provisions.

find out more

Option To Purchase Real Estate Agreement

A New Zealand-compliant agreement granting the exclusive right to purchase specified real estate at predetermined terms within an agreed timeframe.

find out more

Heavy Equipment Purchase Agreement

A New Zealand-governed agreement for the commercial purchase and sale of heavy equipment, including terms, specifications, and compliance requirements.

find out more

Buyback Agreement

A New Zealand law-governed agreement establishing terms for the repurchase of assets, shares, or items by their original owner or issuing entity.

find out more

Lease Agreement With Option To Purchase

A New Zealand-compliant agreement combining property lease terms with a future purchase option for the tenant.

find out more

Commercial Lease Agreement With Option To Purchase

A New Zealand-governed agreement combining a commercial property lease with an option for the tenant to purchase the property under specified terms and conditions.

find out more

Aircraft Sale Agreement

A New Zealand-governed agreement for the sale and purchase of aircraft, including terms, conditions, and regulatory compliance requirements.

find out more

Advance Agreement For Land Purchase

A New Zealand-governed agreement setting out terms and conditions for a future land purchase, including due diligence and completion requirements.

find out more

Dealer Purchase Agreement

A New Zealand-compliant agreement between motor vehicle dealers and purchasers for the sale of vehicles, adhering to local automotive sales regulations.

find out more

Asset Purchase Form

A New Zealand-compliant legal document facilitating the transfer of asset ownership from seller to purchaser, detailing terms, conditions, and requirements of the sale.

find out more

Vehicle Purchase Contract

A New Zealand-compliant agreement for the sale and purchase of vehicles, incorporating essential terms and conditions under NZ law.

find out more

Client List Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of a client list, ensuring compliance with privacy and commercial laws while facilitating business transfer.

find out more

Truck Lease To Own Agreement

A New Zealand-governed agreement establishing terms for leasing a commercial truck with an option to purchase at the end of the lease term.

find out more

Owner Finance Purchase Agreement

A New Zealand-compliant agreement for property purchase where the seller provides direct financing to the buyer, combining property sale and loan terms.

find out more

Business Buyout Agreement

A New Zealand-governed agreement documenting the terms and conditions for the sale and purchase of a business, including all essential transaction elements and regulatory compliance requirements.

find out more

Option To Purchase Business Agreement

A New Zealand law-governed agreement granting the right to purchase a business under specified terms and conditions within an agreed timeframe.

find out more

Agreement Of Purchase And Sale Form For Private Sale

A New Zealand-compliant legal agreement documenting the terms and conditions for the private sale of property between a vendor and purchaser.

find out more

Franchise Purchase Agreement

A New Zealand-governed agreement establishing the terms and conditions for purchasing and operating a franchise business, including rights, obligations, and operational requirements.

find out more

Quota Purchase Agreement

A New Zealand-specific agreement for the transfer of fishing quota shares under the Quota Management System, including purchase terms and regulatory compliance requirements.

find out more

Commercial Lease Purchase Agreement

A New Zealand-governed agreement combining commercial property lease terms with purchase rights/obligations for the tenant to acquire the property under specified conditions.

find out more

Price Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for purchase and sale of assets, including price, payment terms, and completion requirements.

find out more

Goods Purchase Agreement

A New Zealand-compliant agreement setting out terms and conditions for the commercial purchase and sale of goods.

find out more

Bond Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for the purchase of bonds between issuer and purchaser(s), compliant with local financial markets regulations.

find out more

Pre Purchase Agreement

A New Zealand-governed agreement that establishes preliminary terms and conditions for a potential property or asset purchase, including due diligence requirements and conditions precedent.

find out more

Product Purchase Agreement

A New Zealand law-governed agreement setting out terms and conditions for the purchase and sale of products, including specifications, pricing, and delivery terms.

find out more

Letter Of Intent To Purchase Shares

A preliminary document under New Zealand law outlining the proposed terms and conditions for a share purchase transaction, including both non-binding commercial terms and binding provisions like confidentiality.

find out more

Land Option Agreement

A New Zealand-compliant agreement granting exclusive rights to purchase specified land within an agreed timeframe and terms.

find out more

Entity Purchase Agreement

A New Zealand-governed agreement for the purchase and sale of an entity, including comprehensive terms, conditions, and transaction mechanics.

find out more

Wholesale Purchase Agreement

A New Zealand-governed agreement establishing terms for wholesale purchase and supply of goods between commercial parties.

find out more

Aircraft Purchase Letter Of Intent

A New Zealand law-governed preliminary document outlining key terms and conditions for a proposed aircraft purchase, serving as a framework for negotiating the final agreement.

find out more

Option To Buy Contract

A New Zealand-governed agreement granting the right to purchase specified property at predetermined terms within an agreed timeframe.

find out more

Retail Purchase Agreement

A New Zealand-compliant agreement outlining terms and conditions for the sale of goods between a retailer and customer, incorporating local consumer protection requirements.

find out more

Hardware Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for hardware equipment purchases, including specifications, pricing, warranties, and delivery terms.

find out more

Company Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for the purchase and sale of a company, including price, warranties, and completion obligations.

find out more

Material Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for the purchase and supply of materials between commercial parties.

find out more

Commercial Property Purchase Agreement

A legally binding agreement under New Zealand law for the purchase and sale of commercial property, detailing all terms and conditions of the transaction.

find out more

Short Form Asset Purchase Agreement

A concise New Zealand-compliant agreement for the purchase and sale of business assets, designed for straightforward asset transfers.

find out more

Letter Of Intent To Purchase Land

A preliminary document used in New Zealand property transactions that outlines the key terms and conditions for a proposed land purchase, serving as a precursor to a formal Sale and Purchase Agreement.

find out more

Special Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for specific purchases, typically used for significant or specialized acquisitions.

find out more

Membership Interest Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of membership interests in a company, detailing transfer terms and conditions.

find out more

Deferred Purchase Agreement

A New Zealand law-governed agreement establishing terms for a deferred purchase arrangement, compliant with NZ financial markets legislation.

find out more

Buyers Agreement Form

A New Zealand-compliant legal agreement that establishes terms and conditions between buyer and seller for the purchase of goods or services.

find out more

Assignable Real Estate Contract

A New Zealand-compliant real estate contract that enables the transfer of property ownership and includes provisions for assigning the purchaser's rights to third parties.

find out more

Unit Purchase Agreement

A New Zealand-compliant legal agreement for the sale and purchase of unit title properties, including terms, conditions, and mandatory disclosures under NZ law.

find out more

Reverse Purchase Agreement

A New Zealand law-governed agreement establishing terms for asset sale with guaranteed future repurchase, including pricing, timing, and completion requirements.

find out more

Purchase And Supply Agreement

A New Zealand law-governed agreement establishing terms for regular supply of goods or services between supplier and purchaser, including ordering, delivery, pricing, and quality requirements.

find out more

Master Receivables Purchase Agreement

A New Zealand law-governed agreement establishing terms for the ongoing purchase of receivables between parties, including sale conditions, pricing, and operational procedures.

find out more

Joint Purchase Agreement

A New Zealand-governed agreement establishing terms for joint asset purchase and ownership between multiple parties.

find out more

House Contract Agreement

A New Zealand-governed agreement for the sale and purchase of residential property, outlining terms, conditions, and obligations for property transfer.

find out more

Exclusive Purchase Agreement

A New Zealand law-governed agreement establishing exclusive purchasing rights and obligations between a supplier and purchaser.

find out more

Advance Purchase Agreement

A New Zealand law-governed agreement setting out terms for advance purchase of goods/services, including payment terms, delivery commitments, and quality specifications.

find out more

Stock Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of company shares, detailing transaction terms and regulatory compliance requirements.

find out more

Home Purchase Agreement

A legally binding agreement under New Zealand law for the sale and purchase of residential property, detailing transaction terms and party obligations.

find out more

Software Acquisition Agreement

A New Zealand-governed agreement for the purchase and licensing of software solutions, defining terms, conditions, and obligations between vendor and purchaser.

find out more

Inventory Purchase Agreement

A New Zealand law-governed agreement setting out terms for regular inventory purchase and supply between commercial parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.