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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."
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
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
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
Real Estate
Commercial Property
Residential Property
Legal Services
Banking and Finance
Property Development
Construction
Retail
Hospitality
Industrial
Legal
Real Estate
Property Management
Conveyancing
Compliance
Corporate Services
Administration
Settlement
Asset Management
Risk Management
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
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