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Commercial Property Purchase Contract
"I need a Commercial Property Purchase Contract for acquiring a multi-tenant office building in Dublin City Centre, with completion planned for March 2025; the agreement must include specific provisions for existing tenancies and service charge arrangements."
1. Parties: Identification of the Vendor and Purchaser, including full legal names, registration numbers for companies, and addresses
2. Background: Context of the transaction, including brief property description and purpose of the agreement
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Sale and Purchase: Core agreement to sell and purchase the property, including the purchase price
5. Property Description: Detailed description of the property, including boundaries, fixtures, and fittings
6. Title: Vendor's confirmation of good and marketable title, including any encumbrances or restrictions
7. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, deposit requirements, and payment schedule
8. Conditions Precedent: Conditions that must be satisfied before completion can occur
9. Completion: Requirements and mechanics for completing the transaction
10. Vendor's Warranties: Standard warranties regarding the property, title, and vendor's capacity
11. Property Condition: Status of the property and any known defects or issues
12. Planning and Compliance: Confirmation of planning permissions and compliance with regulations
13. VAT and Tax Provisions: Treatment of VAT and other tax matters
14. Notices: Process for serving notices between parties
15. Governing Law and Jurisdiction: Confirmation of Irish law governance and jurisdiction
1. Tenant Provisions: Required if the property is sold subject to existing tenancies
2. Environmental Provisions: Required if there are specific environmental concerns or requirements
3. Development Rights: Required if the property has ongoing or potential development opportunities
4. Service Charge Provisions: Required for properties in multi-unit developments
5. Overage Provisions: Required if there are future value-sharing arrangements
6. Break Clause: Required if either party needs the ability to terminate before completion under specific circumstances
7. Management Company Provisions: Required if the property is part of a managed development
1. Schedule 1 - Property Description: Detailed legal description of the property including maps and plans
2. Schedule 2 - Title Documents: List of all title documents and related correspondence
3. Schedule 3 - Fixtures and Fittings: Inventory of included and excluded items
4. Schedule 4 - Existing Tenancies: Details of any existing leases or tenancy agreements
5. Schedule 5 - Planning Permissions: List of relevant planning permissions and certificates
6. Schedule 6 - Property Certificates: Building certificates, compliance certificates, and safety certificates
7. Appendix A - Property Plans: Maps, floor plans, and site plans
8. Appendix B - Environmental Reports: Environmental surveys and assessments
9. Appendix C - Building Survey: Technical survey reports and structural assessments
10. Appendix D - Service Agreements: Details of ongoing service contracts and utilities
Authors
Appurtenances
Building
Business Day
Completion
Completion Date
Conditions Precedent
Contract Rate
Deposit
Encumbrances
Environmental Laws
Fixtures and Fittings
Good and Marketable Title
Land Registry
Long Stop Date
Material Adverse Change
Necessary Consents
Planning Acts
Planning Permission
Property
Property Registration Authority
Purchase Price
Purchaser
Purchaser's Solicitor
Registry of Deeds
Requisitions on Title
Service Charge
Stamp Duty
Title Documents
VAT
Vendor
Vendor's Solicitor
Warranties
Working Day
Purchase Price
Deposit
Title
Property Transfer
Completion
Conditions Precedent
Warranties and Representations
Planning and Development
Environmental Compliance
Property Condition
Risk and Insurance
Vacant Possession
Existing Tenancies
Service Charges
Tax Matters
VAT
Stamp Duty
Notices
Default
Force Majeure
Assignment
Entire Agreement
Severability
Costs
Confidentiality
Dispute Resolution
Governing Law
Third Party Rights
Further Assurance
Indemnification
Property Management
Due Diligence
Termination
Time of Essence
Real Estate
Commercial Property
Retail
Industrial
Office Space
Hospitality
Healthcare
Education
Manufacturing
Logistics
Technology
Financial Services
Professional Services
Entertainment
Warehousing
Legal
Real Estate
Finance
Operations
Facilities Management
Risk and Compliance
Property Management
Asset Management
Investment
Business Development
Treasury
Tax
Real Estate Director
Property Manager
Commercial Director
Chief Financial Officer
Legal Counsel
Property Lawyer
Facilities Manager
Asset Manager
Investment Manager
Development Director
Property Surveyor
Risk Manager
Compliance Officer
Operations Director
Finance Manager
Real Estate Agent
Property Consultant
Business Development Manager
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