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1. Parties: Identifies and provides full legal details of the seller and buyer
2. Background: Establishes the context of the agreement, including the seller's ownership of the lot and buyer's interest in purchasing through partial payments
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed legal description of the lot, including boundaries, dimensions, and registration details
5. Purchase Price and Payment Terms: Specifies the total purchase price and structure of partial payments, including payment amounts, due dates, and payment methods
6. Interest and Late Payments: Details interest rates on the outstanding balance and consequences of late payments
7. Title Transfer Conditions: Specifies when and how title will be transferred, including conditions precedent
8. Seller's Representations and Warranties: Seller's guarantees regarding the property's condition, title, and authority to sell
9. Buyer's Representations and Warranties: Buyer's guarantees regarding financial capacity and understanding of agreement terms
10. Default and Remedies: Consequences of default by either party and available remedies
11. Governing Law and Jurisdiction: Specifies applicable law and jurisdiction for dispute resolution
12. General Provisions: Standard contract clauses including amendments, notices, and severability
1. Property Insurance: Required when the buyer must maintain insurance during the payment period
2. Property Maintenance: Used when the buyer will take possession before final payment, outlining maintenance responsibilities
3. Construction Requirements: Needed when the agreement includes conditions about building on the lot
4. Environmental Provisions: Required when there are environmental concerns or requirements
5. Assignment Rights: Include when parties want to specify if and how the agreement can be assigned
6. Early Payment Provisions: Optional section detailing terms for early payment completion
7. Subdivision Conditions: Required when the lot is part of a subdivision with specific conditions
8. Mediation and Arbitration: Optional alternative dispute resolution procedures
1. Schedule A - Property Description: Detailed legal description of the lot, including survey plans and coordinates
2. Schedule B - Payment Schedule: Detailed payment schedule showing all installment amounts and due dates
3. Schedule C - Title Encumbrances: List of existing encumbrances, easements, or restrictions on title
4. Schedule D - Development Requirements: Any municipal or development requirements affecting the lot
5. Appendix 1 - Site Plan: Visual representation of the lot and its boundaries
6. Appendix 2 - Property Photos: Current photographs of the lot and any existing improvements
7. Appendix 3 - Required Forms: Standard forms required by local authorities for partial payment agreements
Lot
Property
Purchase Price
Deposit
Installment Payment
Payment Schedule
Closing Date
Title
Transfer Date
Interest Rate
Default
Business Day
Completion
Encumbrance
Improvements
Land Title Office
Legal Description
Permitted Encumbrances
Purchase Price Balance
Registration
Seller's Solicitor
Buyer's Solicitor
Survey Plan
Term
Transfer Documents
Zoning Requirements
Municipal Authority
Due Diligence Period
Possession Date
Security Interest
Outstanding Balance
Late Payment Fee
Partial Payment
Notice
Force Majeure
Subdivision Plan
Applicable Laws
Development Requirements
Environmental Laws
Property Description
Purchase Price
Payment Terms
Title Transfer
Representations and Warranties
Interest and Fees
Default and Remedies
Property Possession
Insurance Requirements
Assignment
Dispute Resolution
Force Majeure
Severability
Governing Law
Property Maintenance
Environmental Compliance
Development Restrictions
Subdivision Requirements
Registration Rights
Security Interest
Notices
Amendment
Entire Agreement
Further Assurances
Time of Essence
Survival
Indemnification
Due Diligence
Property Access
Real Estate Development
Construction
Property Management
Land Development
Residential Construction
Commercial Real Estate
Urban Planning
Legal Services
Financial Services
Legal
Real Estate
Finance
Compliance
Property Management
Sales
Business Development
Contract Administration
Land Development
Risk Management
Real Estate Developer
Property Manager
Real Estate Agent
Legal Counsel
Land Development Manager
Financial Controller
Compliance Officer
Title Officer
Property Sales Manager
Contract Administrator
Real Estate Broker
Development Project Manager
Land Acquisition Specialist
Real Estate Finance Manager
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