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Purchase Sale Agreement Form
"I need a Purchase Sale Agreement Form for a commercial warehouse property in Dublin, valued at €2.5 million, with existing tenant leases that need to be preserved and specific environmental compliance requirements due to current manufacturing use."
1. Parties: Identifies and defines the Vendor/Seller and Purchaser/Buyer with full legal names and addresses
2. Background: Recitals explaining the context of the sale and basic information about the property
3. Definitions: Defines key terms used throughout the agreement
4. Sale and Purchase: Core agreement to sell and purchase the property, including the purchase price
5. Deposit: Details of the deposit amount, payment terms, and conditions for holding/release
6. Completion: Specifics about the completion date, process, and requirements
7. Title and Searches: Vendor's obligations regarding title, purchaser's rights to raise requisitions, and search requirements
8. Vendor's Warranties: Standard warranties about the property's condition, title, and other relevant matters
9. Property Condition: Status of the property, fixtures and fittings, and any known issues
10. Risk and Insurance: Allocation of risk and insurance responsibilities before completion
11. Notices: Process for serving notices between parties
12. Entire Agreement: Confirmation that the agreement represents the entire understanding between parties
13. Governing Law: Specifies Irish law as governing law and jurisdiction
14. Execution: Signature blocks and execution formalities
1. Vacant Possession: Required when the property is sold with vacant possession, specifying the conditions
2. Tenancies: Include when the property is sold subject to existing tenancies
3. Planning Conditions: Required when there are specific planning permissions or restrictions affecting the property
4. VAT: Include when the transaction is subject to VAT
5. Environmental Matters: Required when there are environmental concerns or obligations
6. Service Charges: Include for properties subject to service charges or management companies
7. New Build Provisions: Required for new construction properties, including warranties and certifications
8. Break Clause: Optional provision allowing either party to terminate under specific circumstances
1. Schedule 1 - Property Description: Detailed description of the property including boundaries and registered title number
2. Schedule 2 - Fixtures and Fittings: Comprehensive list of items included and excluded from the sale
3. Schedule 3 - Special Conditions: Any special conditions or requirements specific to this transaction
4. Schedule 4 - Form of Transfer: Agreed form of transfer deed to be executed at completion
5. Appendix A - Property Plans: Maps and plans showing the property boundaries and location
6. Appendix B - Planning Documents: Copies of relevant planning permissions and certificates
7. Appendix C - Title Documents: Copies of title documents and registry entries
8. Appendix D - Searches: Results of local authority and other relevant searches
Authors
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Agriculture
Hospitality
Healthcare
Education
Office Space
Manufacturing
Logistics
Mixed-Use Development
Legal
Real Estate
Property Management
Facilities
Operations
Finance
Compliance
Risk Management
Business Development
Commercial
Administration
Legal Counsel
Property Lawyer
Real Estate Manager
Conveyancing Solicitor
Property Developer
Estate Agent
Commercial Director
Facilities Manager
Property Investment Manager
Compliance Officer
Risk Manager
Business Development Manager
Operations Director
Finance Director
Company Secretary
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