Addendum Amendment To Purchase And Sale Agreement for Malta
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Addendum Amendment To Purchase And Sale Agreement
"I need an Addendum Amendment to Purchase and Sale Agreement under Maltese law to modify the purchase price from €450,000 to €475,000 and revise the payment schedule to three installments, with the final completion date set for March 15, 2025."
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1. Parties: Identification of all parties to the original Purchase and Sale Agreement, including their full legal names, registration numbers (if companies), and addresses
2. Background: Reference to the original Purchase and Sale Agreement, including its date, parties, and subject matter, and brief explanation of why the amendment is needed
3. Definitions: Key terms used in the amendment, including reference to definitions from the original agreement that remain applicable
4. Amendment Details: Specific modifications to the original agreement, clearly stating which clauses are being amended, deleted, or added
5. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain in full force and effect
6. Integration Clause: Statement that this amendment forms part of the original agreement and should be read and construed as one document
7. Governing Law: Confirmation that the amendment is governed by Maltese law, consistent with the original agreement
8. Execution: Signature blocks for all parties, including space for witness signatures if required
1. Recitals of Consideration: Required if there are changes to the purchase price or other financial terms
2. Conditions Precedent: Include if there are specific conditions that must be met before the amendment becomes effective
3. Representations and Warranties: Include if parties need to make new or updated representations regarding their authority or the subject matter
4. Third Party Consents: Required if the amendment needs approval from lenders, regulators, or other third parties
5. Time of Essence: Include if there are critical deadlines or timing changes in the amendment
6. Notarial Requirements: Include specific notarial provisions if the amendment requires notarization under Maltese law
1. Schedule of Amendments: Detailed listing of all specific changes to the original agreement, with reference to original clause numbers
2. Updated Property Description: If the amendment involves changes to the property description or boundaries
3. Revised Payment Schedule: If the amendment modifies payment terms or purchase price
4. Required Consents: Copies of any third-party consents or approvals obtained for the amendment
5. Original Agreement: Copy of the original Purchase and Sale Agreement for reference
Authors
Amendment Date
Effective Date
Parties
Seller
Buyer
Property
Amended Purchase Price
Closing Date
Amended Terms
Business Day
Completion
Consideration
Original Terms
Modified Terms
Retained Terms
Consent
Notary
Public Deed
Land Registry
Transfer Date
Payment Schedule
Security Interest
Permitted Encumbrances
Conditions Precedent
Force Majeure
Material Adverse Change
Relevant Authority
Working Hours
Notice
Amendment
Consideration
Purchase Price Adjustment
Payment Terms
Completion Date
Property Description
Representations and Warranties
Conditions Precedent
Due Diligence
Title and Ownership
Registration Requirements
Notarial Requirements
Transfer of Risk
Insurance
Taxation
Costs and Expenses
Force Majeure
Assignment
Third Party Rights
Notices
Entire Agreement
Severability
Waiver
Governing Law
Jurisdiction
Amendment and Modification
Counterparts
Electronic Execution
Real Estate
Commercial Property
Residential Property
Corporate Services
Legal Services
Banking and Finance
Construction and Development
Retail
Manufacturing
Hospitality and Tourism
Industrial
Agriculture
Legal
Real Estate
Compliance
Corporate Affairs
Property Management
Business Development
Commercial Operations
Risk Management
Contract Administration
Document Management
Legal Counsel
Corporate Lawyer
Real Estate Attorney
Property Manager
Contract Administrator
Compliance Officer
Real Estate Agent
Business Development Manager
Corporate Secretary
Property Developer
Transaction Manager
Legal Director
Notary Public
Commercial Director
Acquisition Manager
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