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Land Purchase Agreement
"I need a Land Purchase Agreement for a 5-acre commercial development site in Dublin, with completion scheduled for March 2025, including specific conditions about existing planning permissions and a phased payment structure."
1. Parties: Identifies and defines the Vendor/Seller and Purchaser/Buyer with full legal names and addresses
2. Background: Establishes the context of the sale, including brief property description and intention to sell/purchase
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed description of the property including boundaries, folio number, and registered title details
5. Purchase Price: Specifies the agreed purchase price and payment terms including deposit arrangements
6. Completion: Details of the completion date and process for closing the transaction
7. Title: Vendor's confirmation of good marketable title and obligations regarding title delivery
8. Vendor's Warranties: Standard warranties regarding property ownership, encumbrances, and condition
9. Purchaser's Warranties: Confirmations regarding purchase capacity and funding
10. Risk and Insurance: Provisions regarding property risk transfer and insurance requirements
11. Notices: Process for serving formal notices between parties
12. Governing Law: Confirms Irish law governs the agreement
13. Execution: Signature blocks and execution requirements
1. Planning Compliance: Required when the property includes recent construction or modifications requiring planning permission
2. Tenant Provisions: Include when the property is sold subject to existing tenancies
3. VAT: Required when the transaction is subject to VAT
4. Agricultural Provisions: Include for agricultural land sales including any relevant grants or schemes
5. Development Potential: Include when the land has development potential requiring specific warranties or conditions
6. Environmental Warranties: Required when there are environmental concerns or previous industrial use
7. Conditions Precedent: Include when completion is subject to specific conditions being met
8. Family Home Protection: Required when the property is or was a family home requiring spousal consent
1. Schedule 1 - Property Details: Detailed property description, including maps, plans and boundaries
2. Schedule 2 - Title Documents: List of title documents to be handed over on completion
3. Schedule 3 - Vendor's Warranties: Comprehensive list of specific warranties given by the vendor
4. Schedule 4 - Incumbrances: Details of any existing charges, rights of way, or other incumbrances
5. Schedule 5 - Planning Documentation: Copies of relevant planning permissions and compliance certificates
6. Appendix A - Property Maps: Official maps showing the property boundaries and location
7. Appendix B - Land Registry Documents: Copies of folio and filed plan
8. Appendix C - Search Results: Results of planning, tax, and other relevant searches
Authors
Real Estate
Agriculture
Commercial Property
Residential Property
Construction
Development
Industrial
Retail
Hospitality
Infrastructure
Energy
Legal Services
Legal
Real Estate
Property
Commercial
Acquisitions
Development
Finance
Compliance
Operations
Investment
Facilities
Corporate Development
Property Lawyer
Real Estate Attorney
Conveyancing Solicitor
Legal Counsel
Property Manager
Real Estate Developer
Land Acquisition Manager
Property Director
Commercial Director
Investment Manager
Development Manager
Facilities Manager
Corporate Lawyer
General Counsel
Real Estate Agent
Property Consultant
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