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Agreement Of Sale For A Residential Stand
"I need an Agreement of Sale for a Residential Stand for a lot in our new Sydney development 'Eucalyptus Heights', which must include our standard building covenants requiring construction to commence within 18 months and comply with our eco-friendly development guidelines."
1. Parties: Identifies and provides full details of the Vendor and Purchaser
2. Background: Establishes the context of the sale, including brief property description and intent of parties
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed description of the residential stand including lot number, plan details, title reference, and dimensions
5. Purchase Price: Specifies the agreed purchase price and payment structure
6. Deposit: Details of deposit amount, payment terms, and holding arrangements
7. Settlement: Settlement date, requirements, and procedures
8. Title and Transfer: Provisions regarding transfer of title and associated requirements
9. Vendor Warranties: Warranties provided by the vendor regarding the property
10. Purchaser Warranties: Warranties and acknowledgments provided by the purchaser
11. Default: Consequences and remedies in case of default by either party
12. General Provisions: Standard legal provisions including notices, governing law, and interpretation
13. Execution: Signing provisions and execution requirements
1. Development Conditions: Include when the stand is part of a development with specific building or use restrictions
2. Encumbrances: Include when there are existing encumbrances, easements, or restrictions on the title
3. Foreign Investment: Include when purchaser is a foreign person requiring FIRB approval
4. GST Provisions: Include when GST is applicable to the transaction
5. Finance Condition: Include when purchase is subject to finance approval
6. Soil Testing: Include when soil testing is required or has been conducted
7. Planning Permits: Include when specific planning permits are required or in place
8. Service Connections: Include when specific provisions about utility connections are needed
1. Property Schedule: Detailed technical description of the property including measurements and boundaries
2. Title Search: Current title search showing ownership and encumbrances
3. Plan of Subdivision: Registered or proposed plan showing the lot in context of subdivision
4. Special Conditions: Any special conditions applying to the sale
5. Disclosure Statement: Statutory disclosures required by state legislation
6. Vendor Statement: Vendor's statement as required by state legislation
7. Development Guidelines: Any applicable development or building guidelines
8. Payment Schedule: Detailed breakdown of payment terms and timing
Authors
Real Estate
Property Development
Construction
Legal Services
Financial Services
Urban Planning
Land Development
Property Management
Legal
Real Estate Sales
Property Development
Conveyancing
Compliance
Contract Administration
Project Management
Land Development
Settlement
Property Management
Property Lawyer
Real Estate Agent
Property Developer
Conveyancer
Legal Counsel
Property Manager
Sales Manager
Development Manager
Compliance Officer
Contract Administrator
Project Manager
Land Surveyor
Urban Planner
Real Estate Broker
Settlement Agent
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