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Deed Of Confirmation Of Sale Template for New Zealand

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Key Requirements PROMPT example:

Deed Of Confirmation Of Sale

"I need a Deed of Confirmation of Sale for a commercial property transaction in Auckland, New Zealand, scheduled to settle on March 15, 2025, where the purchaser is an overseas company that has obtained OIO approval."

Document background
The Deed of Confirmation of Sale is a crucial document in New Zealand property transactions, typically used after the completion of a property sale to provide formal confirmation that all aspects of the sale have been successfully concluded. This document is particularly important in complex property transactions or when additional assurance is required by either party or their financiers. The deed confirms that all conditions of the original sale agreement have been met, the purchase price has been paid, and the property has been legally transferred. It serves as conclusive evidence of the transaction's completion and can be especially valuable if questions arise later about the sale's validity or terms. The document must comply with New Zealand's Property Law Act 2007 and other relevant legislation, making it a legally robust confirmation of the property transfer.
Suggested Sections

1. Parties: Identifies and defines all parties to the deed, including full legal names, addresses, and any registration numbers for companies

2. Background: Recitals explaining the context of the original sale agreement, its date, and why this deed of confirmation is being executed

3. Definitions: Defines key terms used throughout the deed, including references to the original sale agreement and any relevant property descriptions

4. Confirmation of Sale: Primary section confirming the completion of the sale and transfer of the property

5. Completion of Conditions: Confirms that all conditions precedent in the original sale agreement have been satisfied or waived

6. Purchase Price: Confirms the final purchase price and that payment has been received in full

7. Settlement Details: Specifies the settlement date and confirms completion of settlement obligations

8. Warranties: Standard warranties from both parties confirming their authority to enter into the deed and validity of the confirmation

9. Execution: Formal execution block meeting New Zealand deed requirements, including witness details

Optional Sections

1. GST Provisions: Required when the transaction involves GST-registered parties or GST-applicable properties

2. Overseas Investment Confirmation: Required when one party is an overseas person confirming compliance with Overseas Investment Act

3. Outstanding Matters: Used when certain minor matters remain to be completed post-settlement

4. Third Party Consents: Required when specific third-party approvals were needed for the sale

5. Territorial Authority Compliance: Used when specific local authority requirements needed confirmation

6. Body Corporate Matters: Required for unit title properties to confirm body corporate related matters

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property including title references and legal description

2. Schedule 2 - Original Sale Agreement: Copy or key details of the original sale agreement being confirmed

3. Schedule 3 - Satisfied Conditions: List of all conditions from original agreement and confirmation of their satisfaction

4. Schedule 4 - Settlement Statement: Final settlement statement showing all financial adjustments and payments

5. Appendix A - Title Documents: Copies of relevant title documents and plans

6. Appendix B - Compliance Documents: Copies of any relevant compliance certificates or consents obtained

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























Clauses




















Relevant Industries

Real Estate

Commercial Property

Residential Property

Legal Services

Banking and Finance

Property Development

Construction

Retail

Hospitality

Industrial

Relevant Teams

Legal

Real Estate

Property Management

Conveyancing

Compliance

Corporate Services

Administration

Settlement

Asset Management

Risk Management

Relevant Roles

Property Lawyer

Real Estate Agent

Property Manager

Conveyancing Manager

Legal Executive

Commercial Property Manager

Settlement Officer

Property Officer

Corporate Lawyer

Compliance Officer

Real Estate Transaction Coordinator

Title Officer

Legal Administrator

Property Development Manager

Asset Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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