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Real Estate Purchase Contract Template
I need a Real Estate Purchase Contract Template for a commercial property acquisition in central London, with specific clauses for environmental compliance and planning permissions for future development, completion planned for March 2025.
1. Parties: Identification of buyer and seller with full legal names and addresses
2. Background: Context of the transaction and property overview
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including title number and address
5. Purchase Price: Amount and payment terms
6. Completion Date: Agreed date for completion of the sale
7. Title Guarantee: Seller's warranties regarding property title
8. Execution: Signature blocks and execution requirements
1. Deposit Terms: Details of deposit amount, payment schedule and conditions when a deposit is required as part of the purchase
2. Conditional Clauses: Specific conditions that must be met before completion, such as mortgage approval or survey results
3. Fixtures and Fittings: Detailed listing of items included or excluded from the sale when specific items need to be documented
4. Planning Permissions: Details of existing permissions or restrictions when property has specific planning considerations
1. Schedule 1: Property Description: Detailed property specifications and plans including boundary details and measurements
2. Schedule 2: Fixtures and Fittings: Comprehensive inventory of items included in the sale
3. Schedule 3: Title Documents: List of relevant title documents and supporting legal documentation
4. Appendix A: Property Plans: Official plans and drawings of the property including floor plans and site maps
5. Appendix B: Search Results: Results of local authority searches, environmental searches, and other relevant property searches
Authors
Property
Completion Date
Completion
Contract Rate
Deposit
Fixtures and Fittings
Purchase Price
Seller's Solicitor
Buyer's Solicitor
Title Documents
Transfer
VAT
Working Day
Stamp Duty Land Tax
Land Registry
Title Number
Incumbrances
Planning Permission
Standard Conditions
Property Information Form
Fittings and Contents Form
Local Authority Search
Environmental Search
Water and Drainage Search
Registered Title
Title Guarantee
Vacant Possession
Lease
Service Charge
Ground Rent
Exchange Date
Permitted Use
Property Register
Charges Register
Deposit
Title Guarantee
Property Transfer
Completion
Vacant Possession
Risk and Insurance
Property Condition
Representations and Warranties
Seller's Covenants
Buyer's Covenants
Title Matters
Planning and Building Regulations
Environmental Matters
Searches and Enquiries
VAT
Stamp Duty Land Tax
Registration
Assignment
Joint and Several Liability
Notices
Governing Law
Jurisdiction
Entire Agreement
Severability
Force Majeure
Amendments
Third Party Rights
Costs
Default
Rescission Rights
Anti-Money Laundering
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