Contract To Sell Home Template for England and Wales

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Key Requirements PROMPT example:

Contract To Sell Home

I need a Contract To Sell Home for a three-bedroom property in Manchester, with completion scheduled for March 2025, including specific provisions for the sale of solar panels and electric vehicle charging point installed by the current owner.

Document background
The Contract to Sell Home is a fundamental legal document used in residential property transactions in England and Wales. It serves as the primary agreement between buyer and seller, establishing their respective rights and obligations. This contract type is essential for any residential property sale, whether involving private individuals or commercial entities. It must comply with strict legal requirements under English and Welsh property law, including detailed property information, price, completion terms, and title guarantees. The document typically forms part of a larger transaction package, working alongside property information forms, title documents, and other required legal documentation.
Suggested Sections

1. Parties: Details of seller and buyer, including full legal names and addresses

2. Background: Context of the sale and basic property information

3. Definitions: Key terms used throughout the contract

4. Property Description: Detailed description of the property being sold, including title number

5. Purchase Price: Agreed purchase price and payment terms

6. Completion Date: Agreed date for completion of the sale

7. Title Guarantee: Seller's warranties regarding property title

8. Vacant Possession: Confirmation of vacant possession on completion

Optional Sections

1. Fixtures and Fittings: Detailed list of items included/excluded from sale - used when specific items need to be explicitly included or excluded

2. Chain Details: Information about related transactions - used when sale is part of a property chain

3. Special Conditions: Any non-standard terms agreed between parties - used when there are specific agreements outside standard terms

Suggested Schedules

1. Property Plan: Official plan showing property boundaries and location

2. Fixtures and Fittings Inventory: Detailed list of items included in sale

3. Title Documents: Copies of relevant title documents and registers

4. Property Information Form: Standard form containing detailed property information

5. Energy Performance Certificate: Current EPC for the property

Authors

Alex Denne

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

Industries

Law of Property Act 1925: Core legislation governing land ownership, property transfers, requirements for land contracts, and legal estates and interests in land

Law of Property (Miscellaneous Provisions) Act 1989: Specifies that contracts must be in writing and signed by all parties, setting out all terms expressly agreed (Section 2)

Land Registration Act 2002: Governs the registration of property ownership, legal title requirements, and establishes priority of interests in land

Consumer Protection from Unfair Trading Regulations 2008: Sets out disclosure obligations and protects buyers against misleading practices in property transactions

Consumer Rights Act 2015: Ensures fair terms in consumer contracts and mandates transparency requirements in property transactions

Money Laundering Regulations 2017: Requires identity verification and source of funds checks in property transactions

Housing Act 2004: Establishes requirements for property conditions and health and safety standards in residential properties

Energy Performance of Buildings Regulations 2012: Mandates Energy Performance Certificate (EPC) requirements and energy efficiency disclosures for property sales

Common Law - Caveat Emptor: Legal doctrine of 'buyer beware' establishing buyer's responsibility to investigate property before purchase

Common Law - Contract Formation: Principles governing contract formation including offer, acceptance, consideration, and intention to create legal relations

Common Law - Misrepresentation: Rules regarding false statements made during property transactions that may give rise to legal remedies

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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