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1. Parties: Identification of all parties to the original purchase and sale agreement, including their legal names, addresses, and roles (buyer/seller)
2. Background: Reference to the original purchase and sale agreement, including its date, purpose, and current status
3. Definitions: Key terms used in the extension agreement, including references to defined terms from the original agreement
4. Extension Period: Specific details of the time extension, including new deadlines and effective dates
5. Consideration: Any additional payment or consideration for the extension, if applicable
6. Confirmation of Original Terms: Statement confirming that all other terms and conditions of the original agreement remain in full force and effect
7. Representations and Warranties: Confirmation that original representations remain true and valid during the extension period
8. Execution: Signature blocks for all parties and execution requirements
1. Modified Terms: Used when specific terms of the original agreement need to be modified along with the extension
2. Additional Deposits: Include when the extension requires additional earnest money or deposits
3. Conditions Precedent: Used when the extension is subject to specific conditions being met
4. Cost Allocation: Include when there are specific costs associated with the extension that need to be allocated between parties
5. Force Majeure: Include when the extension is related to unforeseen circumstances or events beyond parties' control
6. Regulatory Compliance: Used when extension needs to address specific regulatory requirements or approvals
1. Schedule A - Original Agreement: Copy or reference to the original purchase and sale agreement
2. Schedule B - Timeline: Updated timeline showing original and extended deadlines
3. Schedule C - Additional Consideration: Details of any additional payments, deposits, or consideration for the extension
4. Schedule D - Modified Terms: Detailed list of any terms being modified in addition to the extension
5. Appendix 1 - Supporting Documents: Any relevant supporting documents justifying the extension (e.g., force majeure evidence, regulatory approvals)
Original Agreement
Extension Period
Extended Closing Date
Original Closing Date
Property
Seller
Buyer
Parties
Extension Fee
Additional Deposit
Effective Date
Extension Commencement Date
Existing Terms and Conditions
Modified Terms
Extension Documents
Business Day
Completion Date
Force Majeure Event
Governmental Authority
Permitted Extensions
Purchase Price
Registration Authority
Stamp Duty
Transaction Documents
Extension Period
Consideration
Payment Terms
Conditions Precedent
Representations and Warranties
Covenants
Due Diligence
Title and Ownership
Registration Requirements
Stamp Duty
Force Majeure
Default and Remedies
Governing Law
Dispute Resolution
Notices
Amendment and Modification
Entire Agreement
Severability
Assignment
Counterparts
Time of Essence
Further Assurances
Costs and Expenses
Real Estate
Commercial Property
Residential Property
Industrial Property
Agriculture
Retail
Hospitality
Manufacturing
Logistics
Infrastructure
Construction
Legal
Real Estate
Compliance
Property Management
Business Development
Corporate Affairs
Contract Administration
Land Acquisition
Transaction Management
Real Estate Manager
Property Manager
Legal Counsel
Corporate Lawyer
Compliance Officer
Real Estate Agent
Property Developer
Business Development Manager
Contract Administrator
Company Secretary
Land Acquisition Manager
Property Acquisition Specialist
Real Estate Transaction Coordinator
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