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1. Parties: Identification and details of the vendor and purchaser
2. Background: Context of the transaction and brief description of the farm property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the farm property, including land titles and boundaries
5. Purchase Price: Agreement on purchase price, deposit, and payment terms
6. Settlement: Settlement date, requirements, and process
7. Due Diligence: Buyer's rights and timeframes for conducting due diligence investigations
8. Conditions Precedent: Conditions that must be satisfied before the agreement becomes unconditional
9. Warranties: Vendor's warranties regarding the property, operations, and compliance
10. Risk and Insurance: Allocation of risk and insurance requirements until settlement
11. Default: Consequences and remedies in case of default by either party
12. General Provisions: Standard contract clauses including notices, governing law, and dispute resolution
1. Existing Leases: Details of any existing leases or tenancies that will continue post-settlement
2. Sharemilking Arrangements: Terms relating to existing sharemilking contracts if applicable
3. Environmental Compliance: Specific provisions regarding environmental obligations and compliance
4. Water Rights: Details of water rights and allocations if separate from general property rights
5. Stock Transfer: Terms for transfer of livestock if included in the sale
6. Employee Transfer: Provisions for existing farm employees if their employment is to be transferred
7. Fonterra Shares: Transfer of Fonterra shares if the farm is a dairy operation
8. GST Zero Rating: Required when both parties are GST registered and property is used for taxable activity
1. Schedule 1: Property Details: Detailed description of land parcels, titles, and legal identifiers
2. Schedule 2: Included Assets: Comprehensive list of plant, equipment, and fixed assets included in sale
3. Schedule 3: Excluded Assets: List of assets specifically excluded from the sale
4. Schedule 4: Stock Inventory: Details of livestock included in sale if applicable
5. Schedule 5: Resource Consents: List of current resource consents and permits
6. Schedule 6: Production Records: Historical production data and farm performance metrics
7. Schedule 7: Environmental Reports: Environmental compliance reports and assessments
8. Appendix A: Land Information Memorandum: LIM report from the local authority
9. Appendix B: Title Documents: Copies of relevant title documents and easements
10. Appendix C: Farm Maps: Detailed maps showing farm boundaries, infrastructure, and key features
Bank
Business Day
Chattels
Completion Date
Conditions Precedent
Deposit
Due Diligence Period
Effective Date
Encumbrances
Farm
Farm Land
Fixed Assets
GST
Improvements
Land
Lease
Liabilities
Livestock
Local Authority
milk_solids
OIO
Pastoral Land
Permitted Encumbrances
Plant and Equipment
Production Records
Purchase Price
Resource Consents
Settlement Date
Share Milking Agreement
Stock
Stock in Trade
Title
Transfer
Valuation
Vendor
Purchaser
Water Rights
Working Day
Fonterra Shares
Farm Management Plan
Fertiliser Program
Good Farming Practice
Excluded Assets
Included Assets
Property
Settlement
Warranties
Purchase Price
Payment Terms
Due Diligence
Settlement
Conditions Precedent
Title Transfer
Warranties and Representations
Environmental Compliance
Resource Consents
Water Rights
Land Use
Stock Transfer
Asset Transfer
Employee Matters
Share Milking Arrangements
Fonterra Shares
GST
Insurance
Risk and Property
Default
Farm Operations
Possession
Transitional Arrangements
Access Rights
Existing Leases
Regulatory Compliance
Health and Safety
Confidentiality
Force Majeure
Dispute Resolution
Governing Law
Assignment
Notices
Costs
Entire Agreement
Severability
Further Assurance
Time of Essence
Variation
Waiver
Agriculture
Dairy Farming
Livestock Farming
Horticulture
Viticulture
Real Estate
Legal Services
Financial Services
Agribusiness
Environmental Services
Legal
Real Estate
Rural Banking
Property Services
Agricultural Advisory
Environmental Compliance
Risk Management
Commercial Banking
Rural Valuation
Corporate Advisory
Farm Owner
Farm Buyer
Real Estate Agent
Property Lawyer
Rural Property Specialist
Agricultural Consultant
Bank Manager
Rural Finance Manager
Environmental Compliance Officer
Farm Manager
Agricultural Property Valuer
Agribusiness Advisor
Trust Manager
Company Director
Legal Counsel
Conveyancing Lawyer
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