Real Property Sales Agreement Template for Ireland

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Key Requirements PROMPT example:

Real Property Sales Agreement

"I need a Real Property Sales Agreement for the sale of my three-bedroom house in Dublin to a first-time buyer, with completion scheduled for March 15, 2025, and including specific provisions for the retention of solar panels installed last year."

Document background
The Real Property Sales Agreement is a fundamental legal document used in Irish property transactions to formalize the transfer of real estate ownership. It is essential for both residential and commercial property sales in Ireland, incorporating requirements from Irish property law, including the Land and Conveyancing Law Reform Act 2009, Registration of Title Act 1964, and other relevant legislation. This agreement is used when parties have agreed to the sale and purchase of property and need to document the terms, conditions, warranties, and completion requirements. It includes crucial information such as property details, price, payment terms, title warranties, and completion procedures. The document serves as the primary reference point for solicitors, real estate agents, and other professionals involved in the transaction, ensuring compliance with Irish legal requirements and protecting both parties' interests.
Suggested Sections

1. Parties: Identification of the seller and purchaser with full legal names and addresses

2. Background: Context of the sale and brief description of the property

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core agreement to sell and purchase the property, including the price and payment terms

5. Property Description: Detailed description of the property, including boundaries and any included fixtures and fittings

6. Title: Seller's confirmation of good marketable title and any known encumbrances

7. Deposit: Terms regarding the deposit payment, amount, and conditions

8. Conditions Precedent: Any conditions that must be satisfied before completion

9. Completion: Details of the completion process, timing, and requirements

10. Seller's Warranties: Standard warranties given by the seller regarding the property

11. Purchaser's Warranties: Standard warranties given by the purchaser regarding capacity to purchase

12. Risk and Insurance: Provisions regarding property risk and insurance requirements until completion

13. Notices: How formal notices under the agreement should be given

14. Governing Law: Confirmation that Irish law governs the agreement

Optional Sections

1. Existing Tenancies: Required when the property is sold subject to existing tenancies

2. Planning Permissions: Detailed section needed when the property has ongoing or pending planning permissions

3. VAT: Required when the transaction is subject to VAT

4. Management Company: Required for apartments or managed developments

5. Environmental Matters: Required when there are environmental considerations or concerns

6. Development Land: Required when the property includes development potential or planning permissions

7. Break Clause: Optional provision allowing either party to terminate under specific circumstances

8. Mortgage Details: Required when the property is being sold subject to an existing mortgage

Suggested Schedules

1. Schedule 1 - Property Details: Detailed property description, including maps and plans

2. Schedule 2 - Fixtures and Fittings: Comprehensive list of items included and excluded from the sale

3. Schedule 3 - Title Documents: List of all relevant title documents and encumbrances

4. Schedule 4 - Seller's Warranties: Detailed warranties given by the seller

5. Schedule 5 - Planning Documentation: Copies of relevant planning permissions and certificates

6. Appendix A - Property Maps: Official maps and plans showing the property boundaries

7. Appendix B - BER Certificate: Building Energy Rating certificate and advisory report

8. Appendix C - Property Service Charges: Details of any management fees or service charges

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Real Estate

Legal Services

Financial Services

Property Development

Construction

Banking

Property Management

Urban Planning

Housing

Commercial Property

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Operations

Investment

Risk Management

Corporate Services

Facilities

Contract Administration

Relevant Roles

Real Estate Lawyer

Property Solicitor

Real Estate Agent

Property Developer

Conveyancing Solicitor

Legal Counsel

Property Manager

Compliance Officer

Contract Manager

Real Estate Investment Manager

Property Services Director

Title Researcher

Real Estate Transaction Coordinator

Property Operations Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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