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Property Exchange Agreement
"Need a Property Exchange Agreement to facilitate the swap of our retail unit in Manchester with a warehouse in Birmingham, with completion targeted for March 2025 and including provisions for existing tenant transfers."
1. Parties: Details of the parties exchanging properties
2. Background: Context and purpose of the exchange
3. Definitions: Key terms used throughout the agreement
4. Properties Description: Detailed description of properties being exchanged
5. Exchange Terms: Core terms of the exchange including timing and conditions
6. Title Warranties: Warranties regarding ownership and title
7. Completion Requirements: Requirements for completing the exchange
1. Valuation Provisions: Used when properties have different values and monetary adjustment is needed
2. Tenant Provisions: Required when properties have existing tenants
3. Environmental Provisions: Needed when environmental issues are present
4. Planning Provisions: Include when planning permissions are relevant
1. Property Plans: Official plans showing boundaries of properties
2. Title Documents: Copies of title registers and plans
3. Property Information Forms: Standard property information forms completed by each party
4. Existing Leases: If properties are subject to existing tenancies
5. Environmental Reports: If environmental surveys have been conducted
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