The Land Buying Agreement is a crucial legal document used in Malta for the transfer of land ownership, whether for residential, commercial, or industrial purposes. This agreement type is essential when any party wishes to purchase land in Malta, requiring careful consideration of local property laws, registration requirements, and tax implications. The document must be executed before a Notary Public as per Maltese law and includes comprehensive details about the property, parties involved, purchase terms, and conditions. It addresses specific Maltese legal requirements such as AIP permits for foreign buyers, energy performance certificates, and planning permissions. The agreement serves as the foundation for the property transfer process and must comply with various regulations including the Civil Code of Malta, the Duty on Documents and Transfers Act, and the Land Registration Act.

1. Parties: Identification of the Vendor and Purchaser with full legal names, registration numbers (if companies), and addresses

2. Background: Context of the sale, brief description of the property, and intention of the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the property including boundaries, measurements, and registration details as per Land Registry

5. Purchase Price: Agreed purchase price, payment terms, deposit requirements, and payment schedule

6. Conditions Precedent: Conditions that must be satisfied before completion, including permits and searches

7. Vendor's Warranties: Warranties regarding ownership, encumbrances, disputes, and property condition

8. Purchaser's Warranties: Warranties regarding financial capacity and compliance with relevant laws

9. Completion: Details of the completion process, including notarial requirements and timing

10. Costs and Taxes: Allocation of costs, stamp duty, and other taxes between parties

11. Energy Performance: Declarations regarding the Energy Performance Certificate as required by Maltese law

12. Notices: Process and addresses for serving notices between parties

13. Governing Law: Confirmation of Maltese law as governing law and jurisdiction

14. Entire Agreement: Standard entire agreement clause and amendment provisions