The Sales Contract For Unimproved Land is a fundamental legal instrument used in England and Wales for transferring ownership of undeveloped property. It is essential when selling or purchasing raw land without buildings or significant improvements. The contract addresses key aspects such as property boundaries, access rights, planning restrictions, and environmental matters. It ensures compliance with property law requirements while protecting both parties' interests. This document is particularly relevant for development projects, agricultural transactions, or investment purposes, and must conform to the requirements of the Law of Property Act 1925 and the Land Registration Act 2002.
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Key Requirements PROMPT example:
Sales Contract For Unimproved Land
"I need a Sales Contract For Unimproved Land to purchase a 5-acre plot of agricultural land in Yorkshire, with completion planned for March 2025, and I need to include specific provisions for future right of way access through neighboring property."
1. Parties: Details of seller and buyer including full legal names and addresses
2. Background: Context of the sale and brief description of the land
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the land including boundaries and title number
5. Purchase Price: Amount and payment terms
6. Completion: Date and arrangements for completion
7. Title Guarantee: Extent of title guarantee given by seller
8. Execution: Signature blocks and execution provisions
1. Planning Permissions: Details of existing planning permissions - include when land has existing planning permissions
2. Environmental Warranties: Warranties regarding contamination and environmental issues - include when environmental concerns exist
3. Overage Provisions: Additional payments if land value increases due to development - include when seller wants to benefit from future development
4. Rights of Way: Details of any rights of way over the land - include when access rights exist
1. Plan: Land Registry compliant plan showing the property
2. Title Documents: Copies of relevant title documents
3. Planning Documents: Copies of relevant planning permissions and applications
4. Environmental Reports: Any environmental surveys or reports
5. Rights and Reservations: Details of any rights affecting the land
Authors
Relevant legal definitions
Clauses
Definitions and Interpretation
Sale and Purchase
Title Guarantee
Purchase Price
Deposit
Completion
Vacant Possession
Title Matters
Planning
Environmental Matters
Rights and Easements
Encumbrances
Property Condition
VAT
Assignment
Notices
Entire Agreement
Severance
Third Party Rights
Governing Law and Jurisdiction
Registration
Stamp Duty Land Tax
Representations
Warranties
Insurance
Costs
Disputes
Termination
Force Majeure
Overage
Sale and Purchase
Title Guarantee
Purchase Price
Deposit
Completion
Vacant Possession
Title Matters
Planning
Environmental Matters
Rights and Easements
Encumbrances
Property Condition
VAT
Assignment
Notices
Entire Agreement
Severance
Third Party Rights
Governing Law and Jurisdiction
Registration
Stamp Duty Land Tax
Representations
Warranties
Insurance
Costs
Disputes
Termination
Force Majeure
Overage
Relevant Industries
Relevant Teams
Relevant Roles
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