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Deed Of Sale Contract
"I need a Deed of Sale Contract for the transfer of a commercial property in Brisbane, with completion scheduled for March 15, 2025, including provisions for existing tenant arrangements and environmental compliance requirements."
1. Parties: Identifies and defines all parties to the deed, including full legal names, ACN/ABN if applicable, and addresses
2. Background: Sets out the context and purpose of the deed, including brief description of the asset being sold
3. Definitions and Interpretation: Defines key terms used throughout the deed and establishes rules for interpretation
4. Sale and Purchase: Core terms of the sale including the asset description and purchase price
5. Purchase Price and Payment Terms: Details of the purchase price, payment method, and timing
6. Completion: Requirements and process for completion of the sale, including timing and location
7. Seller's Warranties: Warranties given by the seller regarding the asset being sold
8. Buyer's Warranties: Warranties given by the buyer regarding capacity to purchase and fund the transaction
9. Risk and Title: When risk and title pass from seller to buyer
10. Default and Termination: Consequences of default and circumstances allowing termination
11. Costs and Duty: Allocation of transaction costs and stamp duty obligations
12. GST: GST treatment of the transaction
13. Confidentiality: Obligations regarding confidential information
14. Notices: How formal notices under the deed must be given
15. General Provisions: Standard boilerplate provisions including governing law, jurisdiction, and amendment process
16. Execution: Formal execution blocks for all parties
1. Conditions Precedent: Used when completion is subject to satisfaction of specific conditions
2. Due Diligence: Include when there's a due diligence period before completion
3. Adjustments: Used for pro-rata adjustments of outgoings, especially in property sales
4. Existing Tenancies: Required when the asset being sold has existing tenants
5. Environmental Matters: Include for sales involving land with potential environmental issues
6. Intellectual Property: Required when the sale includes transfer of intellectual property rights
7. Employee Matters: Include when the sale involves transfer of employees
8. Third Party Consents: Used when the sale requires consents from third parties
9. Post-Completion Obligations: Include when parties have ongoing obligations after completion
10. Security Interests: Required when the asset has existing security interests to be discharged
1. Schedule 1 - Asset Description: Detailed description of the asset being sold
2. Schedule 2 - Purchase Price Calculation: Breakdown of purchase price components if complex
3. Schedule 3 - Completion Checklist: List of documents and actions required for completion
4. Schedule 4 - Seller's Warranties: Detailed warranties given by the seller
5. Schedule 5 - Encumbrances: List of any encumbrances affecting the asset
6. Schedule 6 - Contracts and Commitments: List of contracts associated with the asset
7. Appendix A - Property Certificate: For real property sales, copy of title and property certificate
8. Appendix B - Plans and Drawings: For sales involving physical assets, relevant plans or drawings
9. Appendix C - Required Consents: Copies of third-party consents required for the sale
Authors
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Due Diligence
Completion
Title and Risk
Warranties
Representations
Seller Obligations
Buyer Obligations
Assets
Encumbrances
GST
Stamp Duty
Adjustments
Default
Termination
Confidentiality
Insurance
Force Majeure
Assignment
Notices
Costs
Time of Essence
Further Assurance
Severability
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Amendment
Waiver
Counterparts
Electronic Execution
Real Estate
Manufacturing
Retail
Agriculture
Mining
Technology
Professional Services
Construction
Healthcare
Education
Transport and Logistics
Hospitality
Energy and Resources
Legal
Finance
Commercial
Operations
Risk and Compliance
Real Estate
Property Management
Business Development
Corporate Affairs
Sales
Investment
Asset Management
Legal Counsel
Property Manager
Business Development Manager
Chief Financial Officer
Commercial Director
Contracts Manager
Corporate Lawyer
Real Estate Agent
Conveyancer
Company Secretary
Operations Manager
Risk Manager
Compliance Officer
Asset Manager
Property Developer
Investment Manager
Sales Director
Business Owner
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