Agreement Of Property Sale for Malta
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Agreement Of Property Sale
"I need an Agreement Of Property Sale for a residential property in Sliema, Malta, with completion scheduled for March 2025, including specific provisions for furniture items included in the sale and the required energy performance certificate."
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1. Parties: Identification of the Vendor and Purchaser with full legal names, ID numbers, addresses, and marital status as required under Maltese law
2. Background: Context of the sale including brief property history and any relevant preliminary agreements (konvenju)
3. Definitions: Definitions of key terms used throughout the agreement including 'Property', 'Completion Date', 'Purchase Price', and other relevant terms
4. Sale and Purchase: Core terms of the property transfer, including precise property description and agreed purchase price
5. Property Details: Detailed description of the property including boundaries, measurements, and registration details as per Land Registry requirements
6. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, payment schedule, and method of payment
7. Completion: Terms and process for completion of the sale, including notarial deed requirements
8. Vendor's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with planning laws
9. Property Condition: Statement on the condition of the property and any agreed repairs or modifications
10. Taxes and Expenses: Allocation of stamp duty, notarial fees, and other transaction costs
11. Possession and Risk: Terms regarding transfer of possession and risk in the property
12. Governing Law and Jurisdiction: Confirmation of Maltese law as governing law and jurisdiction
13. Execution: Signature blocks including space for notarial authentication
1. Tenant Rights: Required if the property is currently leased, detailing existing tenancy arrangements
2. Planning Permits: Required for properties with ongoing or pending planning applications or recent developments
3. Special Designations: Required for properties in Urban Conservation Areas or with historical protection status
4. Mortgage Details: Required if there's an existing mortgage to be discharged or new mortgage arrangements
5. Foreign Investment: Required when the purchaser is a non-resident, addressing AIP permit requirements
6. Conditional Clauses: Optional conditions such as subject to bank financing or planning permission
7. Service Agreements: Required for properties with shared services or management agreements
8. Energy Performance: Required for properties needing to comply with energy performance certificate requirements
1. Property Plan: Official site plan and drawings of the property as registered with the Land Registry
2. Inventory: List of any fixtures, fittings, or furniture included in the sale
3. Title Documents: Copies of relevant title documents and searches
4. Planning Permits: Copies of relevant MEPA permits and applications
5. Energy Performance Certificate: Copy of the required EPC for the property
6. Payment Schedule: Detailed breakdown of payment installments and dates if applicable
7. Land Registry Extract: Official property registration details from Land Registry
8. Service Charges: Details of any applicable service charges or management fees
Authors
AIP Permit
Annexes
Applicable Law
Architect
Bank
Business Day
Completion
Completion Date
Conditions Precedent
Consideration
Deposit
Encumbrances
Energy Performance Certificate
Execution Date
Ground Rent
Insurance
Land Registry
MEPA Permits
Mortgage
Notarial Deed
Notary
Parties
Payment Schedule
Permits
Planning Authority
Possession Date
Preliminary Agreement
Promise of Sale Agreement
Property
Property Rights
Purchase Price
Purchaser
Registration
Related Documents
Schedules
Service Charges
Stamp Duty
Title Documents
Transfer Date
Utilities
VAT
Vendor
Warranties
Property Description
Title and Ownership
Purchase Price
Payment Terms
Completion
Representations and Warranties
Property Condition
Possession and Risk
Due Diligence
Insurance
Planning and Permits
Utilities and Services
Property Rights
Encumbrances
Energy Performance
Tax Obligations
Stamp Duty
Registration Requirements
Notarial Requirements
Conditions Precedent
Default and Remedies
Force Majeure
Assignment
Entire Agreement
Notices
Costs and Expenses
Governing Law
Jurisdiction
Severability
Amendment
Waiver
Third Party Rights
Counterparts
Real Estate
Property Development
Banking and Finance
Legal Services
Construction
Hospitality
Retail
Commercial Property
Residential Property
Investment and Asset Management
Legal
Real Estate
Compliance
Property Management
Corporate Affairs
Investment
Asset Management
Risk Management
Operations
Finance
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Notary Public
Compliance Officer
Property Developer
Investment Manager
Asset Manager
Real Estate Portfolio Manager
Corporate Lawyer
Property Acquisitions Manager
Chief Legal Officer
Real Estate Transaction Coordinator
Property Rights Specialist
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