Real Estate Sales Contract Form for Malta
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Real Estate Sales Contract Form
"I need a Real Estate Sales Contract Form for the purchase of a commercial property in Valletta, Malta, with completion scheduled for March 2025, which includes specific provisions for existing tenant rights and the transfer of current business permits."
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1. Parties: Identification of the Vendor and Purchaser with full legal names, identification numbers, addresses, and marital status as required by Maltese law
2. Background: Context of the sale, including reference to any promise of sale agreement (konvenju) and its date
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price', and other relevant terms
4. Property Description: Detailed description of the property including address, boundaries, measurements, and reference to land registry details as per Maltese requirements
5. Sale and Purchase: Core agreement for the sale and purchase, including the transfer of title and possession
6. Purchase Price: Statement of the purchase price, payment terms, deposit arrangements, and method of payment
7. Completion: Details of the completion process, timing, and requirements for the final deed (kuntratt)
8. Vendor's Warranties: Warranties regarding property ownership, absence of encumbrances, planning permissions, and other legal requirements
9. Tax and Duty Obligations: Specification of responsibility for stamp duty, capital gains tax, and other applicable taxes
10. Costs and Expenses: Allocation of notarial fees, registration costs, and other transaction expenses
11. Notices: Process and addresses for serving formal notices between parties
12. Governing Law and Jurisdiction: Confirmation of Maltese law as governing law and jurisdiction
1. Conditions Precedent: Used when the sale is subject to specific conditions such as bank financing or planning permissions
2. Tenure and Title: Required when the property has specific tenure arrangements or title conditions that need to be addressed
3. Property Contents: Included when the sale includes furniture or fittings
4. Energy Performance: Required when an Energy Performance Certificate needs to be referenced as per EU regulations
5. Development Permissions: Needed for properties under construction or requiring specific development permits
6. Condominium Rules: Required for apartments or properties in shared buildings
7. Ground Rent: Necessary when the property is subject to ground rent
8. Third Party Rights: Required when there are existing tenants or other third-party rights affecting the property
1. Property Plans: Official plans and drawings of the property as registered with the Land Registry
2. Property Inventory: List of included furniture and fittings if applicable
3. Title Documents: Copies of relevant title documents and searches
4. Planning Permits: Copies of relevant MEPA permits and compliance certificates
5. Energy Performance Certificate: Copy of the current Energy Performance Certificate
6. Payment Schedule: Detailed breakdown of payment terms if payment is to be made in installments
7. Konvenju: Copy of the promise of sale agreement
8. Land Registry Search: Results of official land registry searches
Authors
Architect
Business Day
Completion
Completion Date
Conditions Precedent
Consideration
Deposit
Duty
Effective Date
Encumbrances
Energy Performance Certificate
Ground Rent
Improvements
Konvenju
Land Registry
MEPA Permits
Notarial Deed
Notary Public
Parties
Payment Schedule
Permits
Property
Property Plans
Purchase Price
Purchaser
Registration Fees
Stamp Duty
Taxes
Title Documents
Transfer Date
Utility Services
Vendor
Warranties
Recitals
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Completion
Title Transfer
Property Description
Warranties and Representations
Conditions Precedent
Due Diligence
Property Inspection
Energy Performance
Planning Permissions
Tax Obligations
Stamp Duty
Registration Requirements
Land Registry
Encumbrances
Ground Rent
Utilities Transfer
Insurance
Risk Transfer
Property Access
Possession
Third Party Rights
Default Provisions
Termination
Force Majeure
Costs and Expenses
Notices
Further Assurance
Entire Agreement
Severability
Amendments
Assignment
Governing Law
Jurisdiction
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Investment and Asset Management
Urban Planning
Property Valuation
Insurance
Legal
Real Estate
Compliance
Property Management
Sales
Operations
Finance
Risk Management
Business Development
Property Acquisitions
Due Diligence
Real Estate Agent
Property Lawyer
Notary Public
Property Developer
Legal Counsel
Compliance Officer
Property Manager
Real Estate Investment Manager
Bank Manager
Mortgage Advisor
Property Valuation Specialist
Real Estate Portfolio Manager
Property Acquisitions Manager
Real Estate Transaction Coordinator
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