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Apartment Buyer Agreement
"I need an Apartment Buyer Agreement for a £450,000 two-bedroom leasehold apartment in Manchester, where the buyer requires mortgage financing and the completion date is set for March 15, 2025."
1. Parties: Details of the buyer and seller, including full legal names and addresses
2. Background: Context of the sale and brief description of the property
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the apartment and included fixtures/fittings
5. Purchase Price: Amount agreed and payment terms
6. Completion Date: Agreed date for completion of sale
7. Title and Registration: Confirmation of title and registration requirements
8. Warranties and Representations: Seller's warranties regarding the property
1. Leasehold Provisions: Required if property is leasehold, detailing lease terms and service charges
2. Mortgage Provisions: Details of mortgage arrangements when buyer requires mortgage financing
3. Chain Provisions: Conditions related to property chain when sale is part of a property chain
4. New Build Provisions: Specific provisions applicable for new build properties
1. Schedule 1: Property Particulars: Detailed description of the property including floor plans and boundaries
2. Schedule 2: Fixtures and Fittings: Inventory of included and excluded items
3. Schedule 3: Service Charges: Details of service charges and management fees (for leasehold)
4. Appendix A: Property Title Documents: Copies of relevant title documents
5. Appendix B: Property Searches: Results of local authority and other relevant searches
6. Appendix C: Energy Performance Certificate: Current EPC for the property
Authors
Property
Completion Date
Purchase Price
Deposit
Completion Statement
Title Documents
Fixtures and Fittings
Common Parts
Service Charge
Ground Rent
Lease
Management Company
Building Insurance
Working Day
Vacant Possession
Chain
Transfer
Land Registry
Stamp Duty Land Tax
Searches
Contract Rate
Building Regulations
Planning Permission
Survey
EPC
Title Plan
Reserve Fund
Management Pack
Prescribed Clauses
Warranties
Representations
Associated Rights
Buyer's Solicitor
Seller's Solicitor
Party Wall
Boundary
Covenants
Term
Permitted Use
Property Description
Title Guarantee
Purchase Price
Deposit
Completion
Warranties and Representations
Property Condition
Vacant Possession
Risk and Insurance
Service Charges
Management Obligations
Registration
Notices
Assignment
Entire Agreement
Severability
Force Majeure
Dispute Resolution
Governing Law
Third Party Rights
Variations
Termination
Costs
VAT
Stamp Duty
Confidentiality
Chain Dependencies
Planning and Building Regulations
Environmental Matters
Indemnities
Default
Rescission
Joint and Several Liability
Time of Essence
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