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Property Exchange Agreement
"Need a Property Exchange Agreement to facilitate the swap of our retail unit in Manchester with a warehouse in Birmingham, with completion targeted for March 2025 and including provisions for existing tenant transfers."
1. Parties: Details of the parties exchanging properties
2. Background: Context and purpose of the exchange
3. Definitions: Key terms used throughout the agreement
4. Properties Description: Detailed description of properties being exchanged
5. Exchange Terms: Core terms of the exchange including timing and conditions
6. Title Warranties: Warranties regarding ownership and title
7. Completion Requirements: Requirements for completing the exchange
1. Valuation Provisions: Used when properties have different values and monetary adjustment is needed
2. Tenant Provisions: Required when properties have existing tenants
3. Environmental Provisions: Needed when environmental issues are present
4. Planning Provisions: Include when planning permissions are relevant
1. Property Plans: Official plans showing boundaries of properties
2. Title Documents: Copies of title registers and plans
3. Property Information Forms: Standard property information forms completed by each party
4. Existing Leases: If properties are subject to existing tenancies
5. Environmental Reports: If environmental surveys have been conducted
Authors
Completion
Completion Date
Exchange Properties
First Property
Second Property
Land Registry
Party A
Party B
Permitted Encumbrances
Property Rights
Property Documents
Stamp Duty Land Tax
Title Deeds
Title Number
Transfer
VAT
Working Day
Vacant Possession
Outstanding Charges
Material Contracts
Planning Permissions
Environmental Matters
Building Regulations
Existing Leases
Tenant Obligations
Service Charges
Warranties
Valuation
Valuation Date
Monetary Adjustment
Incumbrances
Completion Requirements
Title Warranties
Exchange Value
Exchange Terms
Property Description
Title Warranties
Completion
Vacant Possession
Property Rights
Encumbrances
Valuation
Price Adjustment
Representations and Warranties
Environmental Matters
Planning
Building Regulations
Existing Tenancies
Service Charges
Insurance
VAT
Stamp Duty
Registration
Costs
Notices
Assignment
Entire Agreement
Severability
Force Majeure
Governing Law
Jurisdiction
Indemnification
Confidentiality
Further Assurance
Variation
Third Party Rights
Counterparts
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