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1. Parties: Identification and details of the Seller (Owner) and Buyer, including full legal names, addresses, and any relevant registration numbers for corporate entities
2. Background: Context of the transaction, including brief property description and parties' intention to enter into an owner-financed arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed legal description of the property, including folio number, boundaries, and any included fixtures or exclusions
5. Purchase Price and Payment Terms: Total purchase price, down payment, monthly payment amount, interest rate, payment schedule, and term of the agreement
6. Transfer of Title: Conditions for eventual transfer of legal title, including when and how title will pass to the Buyer
7. Possession and Use Rights: Buyer's rights to possess and use the property during the contract period
8. Property Taxes and Insurance: Responsibilities for payment of property taxes, insurance requirements, and related obligations
9. Maintenance and Repairs: Obligations regarding property maintenance, repairs, and improvements
10. Default and Remedies: Definition of default events and available remedies for both parties
11. Registration and Notices: Requirements for registration of the agreement and process for serving notices
12. Governing Law: Confirmation of Irish law as governing law and jurisdiction
13. Execution: Signature blocks and execution requirements
1. Early Payment Provisions: Terms for early payoff or additional principal payments, used when parties want to allow for faster repayment
2. Property Use Restrictions: Specific restrictions on property use or modifications, included when seller wants to maintain certain controls
3. Third Party Rights: Provisions regarding rights of third parties, included when relevant third parties might have interests
4. Assignment Rights: Terms governing if and how either party can assign their rights, included when assignment might be contemplated
5. Subdivision Rights: Terms regarding potential property subdivision, included for larger properties where subdivision might be relevant
6. Property Management: Additional terms regarding property management, included for commercial properties or complex residential properties
1. Schedule 1 - Property Details: Detailed property description, including maps, plans, and boundary details
2. Schedule 2 - Payment Schedule: Detailed amortization schedule showing all payments, interest, and principal balance over the contract term
3. Schedule 3 - Property Condition Report: Detailed report on the condition of the property at the time of agreement
4. Schedule 4 - Included Fixtures and Fittings: Detailed list of fixtures and fittings included in the sale
5. Appendix A - Required Insurance Coverage: Detailed specifications of required insurance coverage
6. Appendix B - Property Title Documents: Copies of relevant title documents and searches
7. Appendix C - Planning Documentation: Copies of relevant planning permissions and certificates
Property
Purchase Price
Down Payment
Monthly Payment
Interest Rate
Term
Completion Date
Default
Deed
Effective Date
Encumbrance
Event of Default
Fixtures and Fittings
Folio Number
Insurance Requirements
Land Registry
Legal Title
Beneficial Interest
Possession Date
Property Taxes
Purchase Money Security Interest
Registration
Seller's Interest
Buyer's Interest
Title Documents
Transfer Date
Completion
Business Day
Permitted Use
Planning Permission
Property Description
Required Insurance
Security Interest
Term of Agreement
Transfer of Title
Vacant Possession
Valuation
Working Days
Payment Schedule
Amortization Schedule
Purchase Price
Payment Terms
Interest Rate
Title Transfer
Property Possession
Insurance Requirements
Property Taxes
Maintenance and Repairs
Default and Remedies
Representations and Warranties
Property Use
Assignment
Registration
Notice Requirements
Force Majeure
Governing Law
Dispute Resolution
Early Payment
Transfer Restrictions
Insurance
Property Inspection
Risk of Loss
Environmental Compliance
Planning Compliance
Death and Succession
Financial Statements
Title Insurance
Property Access
Severability
Amendment
Entire Agreement
Further Assurance
Time of Essence
Waiver
Costs and Expenses
Residential Real Estate
Commercial Real Estate
Property Development
Legal Services
Financial Services
Property Investment
Construction
Agriculture (for land contracts)
Legal
Real Estate
Property Management
Finance
Compliance
Risk Management
Investment
Operations
Document Administration
Client Services
Real Estate Attorney
Property Lawyer
Conveyancing Solicitor
Real Estate Agent
Property Manager
Financial Advisor
Mortgage Specialist
Legal Counsel
Property Developer
Investment Manager
Real Estate Investment Director
Contract Administrator
Property Valuation Specialist
Title Officer
Compliance Officer
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