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For Sale Contract
"I need a For Sale Contract under Irish law for the sale of my manufacturing equipment to another business, with payment to be made in three installments and completion scheduled for March 2025."
1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and registration numbers for companies
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including clear description of what is being sold and the agreed purchase price
5. Payment Terms: Details of how and when payment will be made, including any deposits or installments
6. Completion: Details of when and how the sale will be completed, including transfer of title and possession
7. Seller's Warranties: Standard warranties about ownership, condition, and right to sell
8. Title and Risk: When and how title and risk in the property/goods passes to the buyer
9. Conditions Precedent: Any conditions that must be satisfied before completion
10. Default and Termination: Consequences of breach and circumstances allowing termination
11. Notices: How formal communications between parties should be made
12. Governing Law: Confirmation that Irish law governs the agreement
13. Execution: Signature blocks and execution formalities
1. VAT and Tax: Include when there are specific tax implications or VAT arrangements
2. International Shipping: Include for international sales requiring shipping arrangements
3. Intellectual Property: Include when the sale involves IP rights or licenses
4. Insurance: Include when specific insurance arrangements are required during transition
5. Due Diligence: Include for complex sales requiring buyer investigation
6. Environmental Matters: Include for property sales with environmental considerations
7. Employee Matters: Include when the sale involves transfer of employees
8. Confidentiality: Include when sensitive information is involved in the transaction
9. Force Majeure: Include when needed to address potential external disruptions
10. Dispute Resolution: Include when specific dispute resolution procedures are required
1. Schedule 1 - Property/Goods Description: Detailed description of the property or goods being sold
2. Schedule 2 - Price and Payment Schedule: Detailed breakdown of the purchase price and payment terms
3. Schedule 3 - Completion Requirements: List of documents and actions required for completion
4. Schedule 4 - Warranties: Detailed warranties and representations
5. Schedule 5 - Encumbrances: List of any existing encumbrances, liens, or charges
6. Appendix A - Property Plans/Technical Specifications: Technical drawings, plans, or specifications of the sale item
7. Appendix B - Certificates and Permits: Copies of relevant certificates, permits, or licenses
8. Appendix C - Due Diligence Reports: Results of any surveys, inspections, or investigations
Authors
Real Estate
Retail
Manufacturing
Technology
Automotive
Agriculture
Construction
Professional Services
Consumer Goods
Industrial Equipment
Energy
Telecommunications
Legal
Commercial
Sales
Procurement
Finance
Operations
Compliance
Risk Management
Real Estate
Business Development
Contract Administration
Legal Counsel
Contract Manager
Commercial Director
Sales Manager
Procurement Manager
Business Development Manager
Property Manager
Real Estate Agent
Company Secretary
Finance Director
Operations Manager
Compliance Officer
Risk Manager
General Counsel
Transaction Manager
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