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Land Only Purchase Agreement Template for England and Wales

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Key Requirements PROMPT example:

Land Only Purchase Agreement

"I need a Land Only Purchase Agreement for acquiring a 2.5-acre plot of agricultural land in Kent for £450,000, with completion scheduled for March 2025 and including specific provisions for maintaining existing rights of way for neighboring properties."

Document background
The Land Only Purchase Agreement is a specialized contract used when transferring ownership of undeveloped land in England and Wales. This document is essential for transactions involving bare land, whether for development, agricultural use, or investment purposes. It addresses specific requirements under English property law, including compliance with the Law of Property Act 1925 and the Land Registration Act 2002. The agreement typically includes detailed property descriptions, access rights, planning considerations, and any restrictions on land use. It's particularly important for ensuring clear title transfer and protecting both parties' interests in land-only transactions.
Suggested Sections

1. Parties: Details of the seller and buyer, including full legal names and addresses

2. Background: Context of the transaction and brief property description

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed description of the land, including boundaries and title number

5. Purchase Price: Amount and payment terms

6. Completion: Completion date and process

7. Title Guarantee: Extent of title guarantee provided by seller

8. Vacant Possession: Confirmation of vacant possession on completion

Optional Sections

1. Planning Conditions: Required if purchase is subject to planning permission. Used when planning permission is relevant to the transaction

2. Environmental Provisions: Specific environmental warranties or indemnities. Used when environmental issues are identified

3. Overage Provisions: Future payment obligations based on specified events. Used when future development potential exists

4. Rights of Way: Specific access rights over adjacent land. Used when access rights are required

Suggested Schedules

1. Schedule 1 - Property Plan: Land Registry compliant plan showing the property

2. Schedule 2 - Title Documents: List of relevant title documents

3. Schedule 3 - Rights Granted: Details of rights granted with the property

4. Schedule 4 - Rights Reserved: Details of rights reserved by the seller

5. Appendix 1 - Land Registry Official Copy: Official copy of the title register and plan

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



























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Industries

Law of Property Act 1925: Primary legislation establishing fundamental land law principles, requirements for land contracts, and legal estates in land

Land Registration Act 2002: Governs the registration of land in England and Wales, including requirements for registration, priority of interests, and electronic conveyancing provisions

Law of Property (Miscellaneous Provisions) Act 1989: Sets out formal requirements for validity of land contracts, particularly Section 2 requiring contracts to be in writing

Land Charges Act 1972: Covers the registration of land charges and protection of interests in unregistered land

Contracts (Rights of Third Parties) Act 1999: Regulates third-party rights in contracts, including land contracts

Consumer Rights Act 2015: Relevant when one party to the land purchase agreement is a consumer, providing additional protections

Town and Country Planning Act 1990: Governs planning permissions and restrictions that may affect land use and development

Environmental Protection Act 1990: Addresses environmental considerations and protections relevant to land transactions

Local Land Charges Act 1975: Governs local authority charges and restrictions that may affect the land

Finance Act 2003: Contains provisions regarding Stamp Duty Land Tax applicable to land transactions

Standard Conditions of Sale: Current edition of standard terms used in land transactions in England and Wales

Law Society's Conveyancing Protocol: Professional guidance and best practices for conducting property transactions

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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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