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Commercial Real Estate Contract
"I need a Commercial Real Estate Contract for purchasing a retail property in Dublin city center, with completion planned for March 2025; the property will be used as a flagship store, so I need specific clauses about storefront modifications and signage rights."
1. Parties: Identification of the seller/landlord and buyer/tenant, including full legal names and addresses
2. Background: Context of the transaction, including brief property description and purpose of the agreement
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Property Description: Comprehensive legal description of the property, including boundaries and included fixtures
5. Purchase Price/Consideration: Details of the purchase price, payment terms, and payment schedule
6. Conditions Precedent: Conditions that must be satisfied before completion
7. Title and Registration: Warranties and representations regarding property title and registration requirements
8. Completion: Process and requirements for completing the transaction
9. Seller's Covenants: Obligations and warranties provided by the seller
10. Buyer's Covenants: Obligations and undertakings of the buyer
11. Risk and Insurance: Allocation of risk and insurance requirements
12. Default and Remedies: Consequences of breach and available remedies
13. Notices: Method and addresses for formal communications
14. Governing Law: Confirmation of Irish law as governing law and jurisdiction
15. Execution: Signature blocks and execution requirements
1. Planning Permission: Required when the property requires specific planning permissions or changes of use
2. Environmental Provisions: Include when there are specific environmental concerns or requirements
3. Service Charges: Needed for properties in multi-unit developments or with shared facilities
4. VAT Provisions: Required when VAT is applicable to the transaction
5. Tenant Provisions: Include when property is sold subject to existing tenancies
6. Development Rights: Required when future development potential is part of the transaction
7. Break Clause: Optional provision allowing early termination under specific circumstances
8. Mortgage Provisions: Include when property is being sold subject to existing mortgages
1. Property Schedule: Detailed property description, including maps and plans
2. Title Documents: List of all relevant title documents and encumbrances
3. Fixtures and Fittings: Inventory of included and excluded fixtures and fittings
4. Planning Documents: Copies of relevant planning permissions and certificates
5. Environmental Reports: Environmental surveys and compliance certificates
6. Building Surveys: Technical surveys and condition reports
7. Existing Tenancies: Details of any existing lease agreements
8. Service Contracts: Details of transferable service contracts and warranties
9. BER Certificate: Building Energy Rating certificate and advisory report
Authors
Real Estate
Commercial Property
Legal Services
Banking and Finance
Property Development
Construction
Retail
Hospitality
Industrial
Office Space
Warehousing and Logistics
Professional Services
Legal
Real Estate
Property Management
Facilities
Corporate Development
Investment
Risk and Compliance
Operations
Finance
Business Development
Asset Management
Real Estate Lawyer
Property Manager
Commercial Property Agent
Legal Counsel
Property Developer
Business Development Manager
Facilities Manager
Commercial Director
Investment Manager
Real Estate Investment Analyst
Property Portfolio Manager
Risk Manager
Compliance Officer
Real Estate Broker
Corporate Lawyer
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