Buying A House On Contract Form for Malta
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Buying A House On Contract Form
"I need a Buying A House On Contract Form for purchasing a newly constructed villa in Gozo, Malta, with completion scheduled for March 2025, including specific clauses for swimming pool maintenance and solar panel installation warranties."
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1. Parties: Identification and details of the Vendor and Purchaser, including ID numbers, addresses, and marital status as required by Maltese law
2. Background: Context of the sale, including brief property history and current ownership status
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price', etc.
4. Property Description: Detailed legal description of the property, including boundaries, measurements, and registration details as per Land Registry requirements
5. Purchase Price: The agreed purchase price, payment schedule, and deposit requirements
6. Payment Terms: Detailed breakdown of payment structure, including deposit, stage payments if any, and final payment
7. Completion Requirements: Conditions for completion, including searches, permits, and documentation requirements
8. Vendor's Obligations: Responsibilities of the seller, including delivery of vacant possession and required documentation
9. Purchaser's Obligations: Responsibilities of the buyer, including payment obligations and due diligence requirements
10. Warranties and Representations: Standard warranties about property ownership, encumbrances, and condition
11. Notarial Deed: Requirements and arrangements for the final deed of sale
12. Costs and Taxes: Allocation of notarial fees, stamp duty, and other transaction costs
13. Governing Law: Confirmation that the agreement is governed by Maltese law
14. Signatures: Execution section for all parties and witnesses
1. Construction Completion: Used when property is under construction, specifying completion requirements and standards
2. Bank Finance: Include when purchase is subject to bank financing, detailing conditions and timelines
3. Special Conditions: For unique requirements such as repairs, renovations, or specific inclusions/exclusions
4. Ground Rent (Ċens): Required if the property is subject to ground rent payments
5. AIP Permit: Required for non-resident purchasers needing Acquisition of Immovable Property permits
6. Rental Agreements: Include if property is subject to existing tenancies
7. Planning Permissions: Required for properties needing specific permits or with pending applications
1. Property Plans: Architectural plans, site plans, and measurements of the property
2. Inventory: List of fixtures, fittings, and other items included in the sale
3. Land Registry Documents: Property registration documents and site plans
4. Energy Performance Certificate: Mandatory EPC documentation
5. Planning Permits: Copies of relevant MEPA permits and applications
6. Title Documents: Copies of relevant title documents and searches
7. Payment Schedule: Detailed breakdown of payment installments if applicable
8. Condition Report: Survey or condition report if commissioned
Authors
AIP Permit
Bank
Building Permits
Completion Date
Deposit
Due Diligence
Energy Performance Certificate
Fixtures and Fittings
Ground Rent (Ċens)
Land Registry
MEPA Permits
Notary Public
Notice
Parties
Permitted Use
Promise of Sale (Konvenju)
Property
Purchase Price
Purchaser
Registration
Searches
Settlement Date
Stamp Duty
Title Deed
Transfer Date
Vacant Possession
Vendor
Warranties
Working Day
Purchase Price
Payment Terms
Deposit
Title
Warranties and Representations
Conditions Precedent
Due Diligence
Completion
Transfer of Ownership
Vacant Possession
Ground Rent
Property Charges
Insurance
Risk and Liability
Default
Termination
Force Majeure
Costs and Expenses
Stamp Duty
Tax Compliance
Planning Permissions
Building Permits
Registration
Notices
Assignment
Entire Agreement
Amendments
Severability
Governing Law
Dispute Resolution
Third Party Rights
Further Assurance
Execution
Real Estate
Legal Services
Banking & Finance
Construction
Property Development
Professional Services
Insurance
Mortgage Services
Legal
Real Estate
Property Management
Compliance
Finance
Risk Management
Operations
Sales
Customer Relations
Documentation
Real Estate Agent
Property Lawyer
Notary Public
Bank Manager
Mortgage Advisor
Property Developer
Real Estate Investment Manager
Legal Counsel
Conveyancing Officer
Property Valuator
Real Estate Portfolio Manager
Compliance Officer
Property Administrator
Real Estate Transaction Coordinator
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