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Commercial Property Contract Of Sale
"I need a Commercial Property Contract of Sale for the purchase of a retail warehouse in Manchester for £2.5 million, with completion set for March 2025, including specific provisions for existing tenant arrangements and environmental warranties."
1. Parties: Details of seller and buyer, including full legal names, company registration numbers (if applicable), and registered addresses
2. Background: Context of the transaction, including brief property description and purpose of the agreement
3. Definitions: Key terms used throughout the agreement, including defined terms for Property, Completion Date, Purchase Price, etc.
4. Property Description: Detailed description of the property being sold, including address, registered title number, and extent of the property
5. Sale Price: Purchase price, payment terms, deposit requirements, and method of payment
6. Title Guarantee: Extent of title guarantee provided by seller and any title restrictions or encumbrances
7. Completion: Completion date, completion requirements, and procedures for completion
1. VAT Provisions: Details of VAT treatment and elections - required if the property is VAT-elected
2. Existing Tenancies: Details of current tenants and treatment of ongoing leases - required if property is sold subject to existing leases
3. Environmental Provisions: Environmental warranties, indemnities, and obligations - required when environmental risks are identified
4. Construction Provisions: Details of ongoing construction works and associated obligations - required if property includes incomplete construction
5. Planning Conditions: Specific planning-related conditions and requirements - required if there are planning permission issues
1. Schedule 1 - Property Description: Detailed property description, including plans, boundaries, and rights granted/reserved
2. Schedule 2 - Title Documents: Copy of title register and plan, and list of disclosed encumbrances
3. Schedule 3 - Existing Leases: Copies and details of any existing lease agreements affecting the property
4. Schedule 4 - Planning Permissions: Copies of relevant planning documents, permissions, and certificates
5. Schedule 5 - Environmental Reports: Environmental surveys, assessments, and relevant certificates
6. Schedule 6 - EPCs: Energy Performance Certificates and related documentation
Authors
Agreement
Ancillary Rights
Completion
Completion Date
Contract Rate
Deposit
Encumbrances
Environmental Law
Environmental Permits
Fixtures and Fittings
Full Title Guarantee
Hazardous Substances
Land Registry
Legal Charge
Lease(s)
Occupational Leases
Parties
Planning Acts
Property
Purchase Price
Seller's Conveyancer
Buyer's Conveyancer
Standard Conditions
Title Documents
Transfer
VAT
Working Day
Title Number
Permitted Use
Planning Permission
Property Rights
Registered Title
Service Contracts
Tenant
Title Matters
Utility Agreements
Warranties
Agreement to Sell
Purchase Price
Deposit
Title Guarantee
Matters Affecting the Property
VAT
Completion
Risk and Insurance
Title Deeds
Vacant Possession
Condition of Property
Planning and Building Regulations
Environmental Matters
Existing Tenancies
Service Contracts
Assignment
Warranties and Representations
Indemnities
Notices
Entire Agreement
Severance
Third Party Rights
Governing Law and Jurisdiction
Registration
Confidentiality
Costs
Further Assurance
Anti-Money Laundering
Force Majeure
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