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1. Parties: Identifies and provides full details of the seller and purchaser, including registration details for companies
2. Background: Contextual information about the property and the intention to sell/purchase
3. Definitions: Defines key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including boundaries, built-up area, and permitted usage
5. Sale Consideration: Purchase price, payment terms, and schedule of payments
6. Payment Terms: Detailed breakdown of payment structure, including earnest money and balance payment schedule
7. Title and Ownership: Seller's declarations regarding clear title and authority to sell
8. Representations and Warranties: Statements and guarantees by both parties regarding the property and their capacity to enter into the agreement
9. Covenants: Obligations of both parties before and after the sale
10. Conditions Precedent: Conditions that must be satisfied before completion
11. Completion: Process and requirements for completing the sale
12. Registration and Transfer: Requirements and process for property registration and transfer of title
13. Taxes and Expenses: Allocation of various taxes, stamp duty, and other transaction costs
14. Default and Remedies: Consequences of default by either party and available remedies
15. Governing Law and Jurisdiction: Applicable laws and courts having jurisdiction
16. Notices: Method and addresses for serving notices between parties
17. Force Majeure: Provisions for unforeseen circumstances preventing performance
18. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Due Diligence: Detailed process for buyer's investigation of property, used when buyer requires specific due diligence rights
2. Environmental Compliance: Environmental warranties and compliance requirements, essential for industrial properties
3. Existing Tenancies: Details of current tenants and lease arrangements, included if property is tenanted
4. Development Rights: Transfer of development rights and pending approvals, relevant for properties with development potential
5. Escrow Arrangements: Terms for holding funds in escrow, used in complex transactions
6. Property Management: Interim management arrangements between agreement and completion
7. Foreign Investment Compliance: FEMA compliance clauses when foreign parties are involved
8. Intellectual Property Rights: Transfer of associated IP rights, relevant for branded commercial properties
9. Assignment Rights: Rights to assign the agreement to other parties, used when assignment might be needed
1. Property Schedule: Detailed property description, including floor plans and measurements
2. Title Documents: List of all title documents and chain of title
3. Payment Schedule: Detailed breakdown of payment installments and timelines
4. Encumbrances Schedule: List of existing encumbrances, liens, or mortgages
5. Completion Checklist: List of documents and actions required for completion
6. Due Diligence Reports: Technical, legal, and financial due diligence findings
7. Permits and Licenses: Copies of all relevant permits, licenses, and approvals
8. Property Tax Records: History of property tax payments and assessments
9. Insurance Schedule: Details of existing insurance policies and requirements
10. Inventory List: List of fixtures, fittings, and other items included in the sale
Applicable Laws
Approvals
Built-up Area
Business Day
Carpet Area
Completion
Completion Date
Consideration
Deposit
Earnest Money
Encumbrances
Environmental Laws
Execution Date
Force Majeure Event
Governmental Authority
Improvements
Land
Material Adverse Effect
Mortgage
Municipal Authority
Occupancy Certificate
Parties
Permitted Use
Property
Property Documents
Property Tax
Purchase Price
Purchaser
Registration
Seller
Stamp Duty
Super Built-up Area
Title Deeds
Transfer Date
Utilities
Vacant Possession
Valuation
Working Hours
Zoning Laws
Sale and Purchase
Consideration
Payment Terms
Title and Ownership
Representations and Warranties
Due Diligence
Conditions Precedent
Completion
Registration
Transfer of Possession
Encumbrances
Environmental Compliance
Indemnification
Tax Obligations
Insurance
Default and Remedies
Force Majeure
Assignment
Notices
Confidentiality
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Waiver
Further Assurance
Costs and Expenses
Survival
Time of Essence
Counterparts
Real Estate
Commercial Property Development
Retail
Manufacturing
Hospitality
Healthcare
Information Technology
Banking and Financial Services
Logistics and Warehousing
Education
Professional Services
Legal
Finance
Real Estate
Operations
Facilities Management
Risk and Compliance
Property Management
Business Development
Corporate Affairs
Asset Management
Investment
Tax
Chief Executive Officer
Chief Financial Officer
Real Estate Director
Property Manager
Legal Counsel
Corporate Lawyer
Finance Manager
Business Development Manager
Facilities Manager
Asset Manager
Investment Manager
Commercial Director
Operations Director
Risk Manager
Compliance Officer
Property Valuation Expert
Real Estate Consultant
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