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Simple Agreement Of Sale (Real Estate)
"I need a Simple Agreement of Sale (Real Estate) for a commercial property transaction in Dublin, Ireland, with completion scheduled for March 2025, including specific provisions for existing tenant rights and VAT requirements."
1. Parties: Identifies and provides full details of the Vendor and Purchaser
2. Background: Sets out the context of the sale and confirms the Vendor's ownership of the property
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed description of the property being sold, including its folio number and boundaries
5. Purchase Price: Specifies the agreed purchase price and payment terms, including deposit arrangements
6. Completion: Details of the completion date and process for transferring ownership
7. Title: Vendor's warranties regarding their right to sell and the state of the title
8. Vendor's Obligations: Lists all obligations of the Vendor up to and including completion
9. Purchaser's Obligations: Lists all obligations of the Purchaser up to and including completion
10. Condition of the Property: Statements regarding the condition of the property and any warranties given
11. Risk and Insurance: Specifies when risk passes to the Purchaser and insurance requirements
12. Notices: How formal notices under the agreement should be given
13. Governing Law: Confirms Irish law as the governing law of the agreement
1. Planning Compliance: Required when specific planning matters need to be addressed or warranted
2. Management Company: Required for apartments or properties in managed developments
3. Tenant Rights: Required if the property is sold subject to existing tenancies
4. VAT: Required if the transaction is subject to VAT
5. Building Energy Rating: Required if specific energy rating warranties are being given
6. Fixtures and Fittings: Required when specific items are included or excluded from the sale
7. Development Rights: Required when there are ongoing or potential future development considerations
8. Environmental Matters: Required when there are specific environmental concerns or warranties
1. Schedule 1 - Property Details: Detailed property description, including maps and plans
2. Schedule 2 - Fixtures and Fittings: Inventory of items included and excluded from the sale
3. Schedule 3 - Special Conditions: Any special conditions applying to the sale
4. Schedule 4 - Title Documents: List of title documents and their locations
5. Appendix A - Property Maps: Maps showing the property boundaries and location
6. Appendix B - Planning Documents: Copies of relevant planning permissions and certificates
7. Appendix C - Building Energy Rating Certificate: Current BER certificate for the property
8. Appendix D - Management Company Documents: Relevant management company documentation if applicable
Authors
Business Day
Completion
Completion Date
Deposit
Encumbrances
Family Home
Fixtures and Fittings
Folio
Land Registry
Local Authority
Management Company
Planning Acts
Planning Permission
Property
Purchase Price
Purchaser
Registry of Deeds
Service Charge
Stamp Duty
Title Documents
VAT
Vendor
Vendor's Solicitor
Purchaser's Solicitor
Working Day
Building Energy Rating Certificate
Common Areas
Deed of Transfer
Requisitions on Title
Searches
Schedule
Subject to Contract
Sale and Purchase
Purchase Price
Deposit
Title
Warranties
Representations
Completion
Risk and Insurance
Property Condition
Planning and Development
Environmental Compliance
Occupancy Rights
Management Company Obligations
Service Charges
VAT
Stamp Duty
Default
Termination
Force Majeure
Notices
Assignment
Entire Agreement
Severability
Governing Law
Jurisdiction
Costs
Time of Essence
Further Assurance
Amendments
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Investment and Asset Management
Residential Property
Commercial Property
Hospitality
Retail
Legal
Real Estate
Property Management
Corporate Services
Facilities
Investment
Operations
Finance
Compliance
Risk Management
Real Estate Lawyer
Property Manager
Real Estate Agent
Property Developer
Investment Manager
Asset Manager
Legal Counsel
Conveyancing Solicitor
Property Surveyor
Commercial Director
Facilities Manager
Real Estate Investment Analyst
Property Portfolio Manager
Transaction Manager
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