Absolute Deed Of Sale for Malta
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Absolute Deed Of Sale
"I need an Absolute Deed of Sale for a residential property in Sliema, Malta, with multiple vendors (three siblings) selling to a non-resident purchaser, including AIP permit requirements and bank financing provisions, targeting completion by March 2025."
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1. Parties: Detailed identification of the vendor(s) and purchaser(s), including full names, ID numbers, addresses, and marital status as required by Maltese law
2. Background: History of the property ownership, including previous deed references and declarations regarding acquisition
3. Definitions: Key terms used throughout the deed, ensuring clarity and legal certainty
4. Property Description: Detailed description of the immovable property being transferred, including boundaries, measurements, and cadastral references
5. Title and Origin: Vendor's title to the property and chain of previous transfers
6. Consideration: Purchase price, payment terms, and confirmations of payments made
7. Transfer Declaration: Formal declaration of the transfer of property from vendor to purchaser
8. Vacant Possession: Declaration regarding the delivery of vacant possession and current occupancy status
9. Warranties: Vendor's warranties regarding property title, encumbrances, and conditions
10. Tax Declarations: Declarations required for stamp duty and tax purposes
11. Expenses: Allocation of notarial fees, duties, and other expenses
12. Closing Provisions: Final declarations, notarial confirmations, and signatures
1. Bank Finance: Required when the purchase is funded through bank financing, including hypothec details and bank representative details
2. AIP Permit: Required when purchaser is a non-resident, including Acquisition of Immovable Property permit details
3. Conditions Precedent: Used when the sale is subject to specific conditions that must be fulfilled
4. Special Delegations: Required when any party is represented by a delegate or power of attorney
5. Condominium Provisions: Required for apartments or shared buildings, detailing common parts and regulations
6. Planning Permits: Required when property involves recent construction or pending permits
7. Ground Rent Redemption: Required when property is subject to ground rent being redeemed as part of the sale
1. Property Plans: Official architectural plans and site plans of the property
2. Land Registry Plans: Official plans from Land Registry showing property boundaries
3. Inventory: List of moveable items included in the sale, if any
4. Energy Performance Certificate: Mandatory EPC documentation
5. Planning Permits: Copies of relevant MEPA permits and compliance certificates
6. Payment Schedule: Details of staged payments if applicable
7. Bank Documents: Sanction letters and hypothec details if bank financing is involved
Authors
Immovable Property
Vendor
Purchaser
Deed
Consideration
Transfer Date
Completion Date
Common Parts
Airspace
Ground Rent
Accessories
Movables
Encumbrances
Hypothec
Public Registry
Land Registry
Building Permits
Planning Permits
Possession
Vacant Possession
Title of Origin
AIP Permit
Duty
Bank Finance
Energy Performance Certificate
Servitudes
Easements
Plans
Boundaries
Title and Ownership
Consideration and Payment
Transfer Declaration
Warranties and Representations
Vacant Possession
Encumbrances
Tax Declarations
Expenses and Duties
Registration Requirements
Planning and Permits
Energy Performance
Easements and Servitudes
Common Parts
Ground Rent
Bank Finance
Insurance
Risk Transfer
Defects
Governing Law
Signatures and Execution
Real Estate
Property Development
Banking & Finance
Legal Services
Construction
Housing
Commercial Property
Hospitality & Tourism
Retail
Industrial
Legal
Real Estate
Compliance
Finance
Tax
Risk Management
Property Management
Corporate Affairs
Business Development
Operations
Legal Counsel
Property Manager
Real Estate Agent
Notary Public
Compliance Officer
Tax Advisor
Bank Manager
Property Developer
Real Estate Investment Manager
Corporate Lawyer
Conveyancing Manager
Property Portfolio Manager
Real Estate Director
Legal Administrator
Risk Manager
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