Real Estate Buyer Intake Form Template for England and Wales

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Key Requirements PROMPT example:

Real Estate Buyer Intake Form

I need a Real Estate Buyer Intake Form for a high-value property purchase (£2M+) in central London, which must include enhanced due diligence sections for international buyers and specific sections for multiple funding sources.

Document background
The Real Estate Buyer Intake Form is a crucial document in the property purchase process within England and Wales. It is typically used at the beginning of a property transaction to gather comprehensive information about the potential buyer, their requirements, and financial position. The form ensures compliance with various regulations including anti-money laundering requirements, data protection laws, and property legislation. It helps streamline the purchase process by collecting all necessary information upfront and assists professionals in providing appropriate property options and advice to buyers.
Suggested Sections

1. Personal Information: Basic contact details, legal name, current address, and contact preferences

2. Financial Information: Purchase budget, funding source, mortgage details, and proof of funds

3. Property Requirements: Desired property type, location, size, number of bedrooms, and specific features

4. Timeline Information: Preferred completion dates, chain status, and any time constraints

5. Identity Verification: AML compliance section including ID documentation requirements and verification process

Optional Sections

1. Additional Buyers: Details of co-buyers and joint purchasing arrangements for multiple party purchases

2. Special Requirements: Accessibility needs, specific property features, or other special considerations

3. Foreign Buyer Information: Additional verification requirements and documentation for overseas buyers

Suggested Schedules

1. Schedule 1 - Proof of Identity Checklist: Comprehensive list of acceptable ID documents and verification requirements

2. Schedule 2 - Privacy Notice: GDPR-compliant information about data processing and storage

3. Schedule 3 - Source of Funds Declaration: Template for declaring and verifying the source of purchase funds

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: Fundamental legislation governing real property transactions and defines legal estates and interests in land

Land Registration Act 2002: Sets out requirements for registration of property and provides the legal framework for land ownership records

Consumer Protection from Unfair Trading Regulations 2008: Establishes requirements for transparency and fair dealing, including protection against misleading practices in property transactions

Money Laundering Regulations 2017: Mandates client due diligence requirements and identity verification procedures for property transactions

Data Protection Act 2018 and UK GDPR: Governs personal data collection and processing, including privacy notices and consent requirements for handling client information

Equality Act 2010: Ensures prevention of discrimination in property transactions and establishes accessibility considerations

Law Society Conveyancing Protocol: Provides best practices for conveyancing and establishes standard procedures and requirements for property transactions

HM Land Registry Requirements: Specifies title information requirements and property identification standards for land registration

Anti-Money Laundering (AML) Guidance: Details source of funds verification requirements and risk assessment procedures for property transactions

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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