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Property Agreement
"I need a Property Agreement for the purchase of a commercial warehouse in Sydney, Australia, with settlement scheduled for March 2025, including special provisions for existing tenant transfer and environmental compliance requirements."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context of the agreement and relevant preliminary matters
3. Definitions and Interpretation: Defined terms and interpretation clauses
4. Property Details: Comprehensive description of the property including lot number, title details, and address
5. Purchase Price and Payment Terms: Details of the purchase price, deposit, and payment schedule
6. Settlement: Settlement date, requirements, and process
7. Title and Property Transfer: Provisions regarding transfer of title and ownership
8. Warranties and Representations: Statements and guarantees about the property's condition and ownership
9. Default and Termination: Consequences of breach and termination rights
10. Costs and Stamp Duty: Allocation of transaction costs and stamp duty obligations
11. General Provisions: Standard contract clauses including notices, governing law, and execution
1. Due Diligence: Used when the buyer requires a due diligence period to investigate the property
2. Finance Condition: Include when the purchase is subject to financing approval
3. Building and Pest Inspection: Used when the agreement is conditional on satisfactory building and pest inspections
4. Development Conditions: Include when the purchase relates to property development or requires council approvals
5. Tenant Provisions: Required when the property is sold with existing tenants
6. GST Provisions: Include detailed GST clauses for commercial properties or new residential premises
7. Environmental Matters: Used when there are specific environmental considerations or contamination issues
8. Foreign Investment Approval: Required when the purchaser is a foreign person or entity
1. Property Description Schedule: Detailed description of the property including title details, measurements, and inclusions
2. Payment Schedule: Breakdown of payment terms, amounts, and timing
3. Disclosure Statement: Required disclosures about the property's condition and known issues
4. Special Conditions: Any additional conditions specific to the transaction
5. Executed Transfer Documents: Copies of signed transfer documentation
6. Certificate of Title: Current title search and registered interests
7. Property Searches: Results of various property searches conducted
8. Tenant Details: Current lease agreements and tenant information if applicable
Authors
Agreement
Bank Guarantee
Business Day
Completion
Completion Date
Contract Date
Conveyancing Acts
Default Interest Rate
Deposit
Encumbrance
GST
Improvements
Land
Law
Outgoings
Permitted Encumbrances
Property
Purchase Price
Purchaser
Registration
Settlement
Settlement Date
Stamp Duty
Title Documents
Transfer
Transfer Date
Vendor
Warranties
Building and Pest Inspection Period
Certificate of Title
Chattels
Condition Precedent
Deposit Holder
Due Diligence Period
Existing Tenancies
Finance Approval Date
Fixtures
Land Tax
Material Adverse Change
Notice
Planning Scheme
Property Laws
Real Property Acts
Related Entity
Representative
Security Interest
Surviving Provisions
Title Search
Vacant Possession
Definitions
Purchase Price
Deposit
Settlement
Title Transfer
Property Access
Due Diligence
Warranties
Representations
Conditions Precedent
Default
Termination
Property Inspection
Finance
Insurance
Outgoings
Adjustments
Risk
Damage or Destruction
Notices
Costs
GST
Stamp Duty
Assignment
Confidentiality
Dispute Resolution
Governing Law
Force Majeure
Severability
Entire Agreement
Amendments
Time of Essence
Further Assurance
Survival
Indemnity
Environmental Matters
Planning and Development
Existing Tenancies
Property Condition
Encumbrances
Foreign Investment
Compliance with Law
Registration
Execution
Real Estate
Legal Services
Financial Services
Property Development
Construction
Property Management
Banking and Finance
Insurance
Public Sector
Urban Planning
Legal
Real Estate
Property Management
Sales
Compliance
Risk Management
Finance
Operations
Commercial
Business Development
Property Lawyer
Real Estate Agent
Conveyancer
Property Manager
Legal Counsel
Contract Administrator
Property Developer
Commercial Director
Compliance Officer
Sales Manager
Finance Manager
Property Valuer
Settlement Agent
Risk Manager
Real Estate Broker
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