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Offer To Sell Real Estate Form for the United Kingdom

Offer To Sell Real Estate Form Template for England and Wales

An Offer To Sell Real Estate Form is a formal legal document under English and Welsh law that outlines the terms and conditions under which a property owner is willing to sell their real estate. It includes essential details such as the property description, purchase price, completion terms, and any specific conditions of sale. This document serves as the initial step in the property transaction process and, when accepted, forms the basis for the subsequent contract of sale.

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What is a Offer To Sell Real Estate Form?

The Offer To Sell Real Estate Form is a crucial document in property transactions within England and Wales, typically used when a property owner wishes to formally present their terms for selling a property. It serves as the foundation for negotiations and, when accepted, leads to the formation of a binding contract. The document must comply with the Law of Property Act 1925 and the Law of Property (Miscellaneous Provisions) Act 1989, containing all material terms including property details, price, completion date, and any special conditions. It's particularly important in ensuring clarity and certainty in property transactions.

What sections should be included in a Offer To Sell Real Estate Form?

1. Property Details: Full legal description of the property including address, title number, and registered details

2. Purchase Price: Stated amount for the property and associated payment terms

3. Seller's Details: Full legal name, current address, and contact information of the seller

4. Conditions of Sale: Standard conditions applying to the sale including legal requirements and timeframes

5. Completion Date: Proposed date for completion of the sale and key milestones

What sections are optional to include in a Offer To Sell Real Estate Form?

1. Fixtures and Fittings: Detailed list of items included or excluded from the sale

2. Chain Details: Information about related purchases/sales if the sale is part of a property chain

3. Special Conditions: Any non-standard terms or conditions specific to this sale

What schedules should be included in a Offer To Sell Real Estate Form?

1. Schedule 1 - Property Plan: Detailed plan showing the property boundaries and layout

2. Schedule 2 - Fixtures and Fittings List: Comprehensive inventory of items included in the sale

3. Appendix A - Energy Performance Certificate: Current Energy Performance Certificate for the property

4. Appendix B - Title Documents: Copies of relevant title documents and plans from Land Registry

5. Appendix C - Property Information Form: Standard property information form completed by seller with detailed disclosures

Authors

Alex Denne

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

Jurisdiction

England and Wales

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions






























Clauses






























Industries

Law of Property Act 1925: Fundamental legislation governing real property transactions, setting out requirements for legal estates and interests in land, and formalities for property transfers

Law of Property (Miscellaneous Provisions) Act 1989: Section 2 requires contracts for sale of land to be in writing, contain all expressly agreed terms, and be signed by or on behalf of both parties

Land Registration Act 2002: Governs requirements for registered land, including necessary information about property title and details about registered charges or restrictions

Consumer Protection from Unfair Trading Regulations 2008: Establishes duty to disclose material information and prevents misleading omissions or statements, particularly relevant for sales to private individuals

Estate Agents Act 1979: Regulates estate agent involvement, including requirements for disclosure of personal interests and professional obligations and standards

Money Laundering Regulations 2017: Sets out due diligence requirements, identity verification obligations, and source of funds considerations for property transactions

Housing Act 2004: Covers Energy Performance Certificate requirements, property condition disclosures, and health and safety considerations

Contracts (Rights of Third Parties) Act 1999: Governs rights of third parties to enforce contractual terms and provisions for excluding third-party rights

Consumer Rights Act 2015: Applies to consumer transactions, ensuring fairness of contract terms and transparency requirements

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