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Apartment Sale Contract
"I need an Apartment Sale Contract for a luxury penthouse in Auckland, New Zealand, with settlement scheduled for March 2025, that includes special provisions for the included high-end appliances and exclusive rooftop access rights."
1. Parties: Identification of the vendor and purchaser, including full legal names and addresses
2. Background: Context of the transaction and brief description of the property being sold
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the apartment, including unit number, floor level, and allocated parking/storage
5. Purchase Price: Agreed purchase price and payment structure, including deposit details
6. Settlement and Possession: Settlement date, key transfer, and possession arrangements
7. Title and Unit Plan: Details of the unit title, share allocation, and relevant survey information
8. Body Corporate: Body corporate details, rules, and ongoing obligations
9. Warranties and Undertakings: Vendor's warranties about the property and undertakings until settlement
10. Due Diligence: Buyer's rights to investigate the property and related documentation
11. Conditions: Standard conditions including finance, building inspection, and title review
12. Default: Consequences of default by either party
13. General Provisions: Standard contract clauses including notices, amendments, and governing law
1. Chattels: List of moveable items included in the sale - used when specific items are being included
2. Rental Agreement: Details of existing tenancy - used when property is sold with tenants in place
3. GST Provisions: GST-specific clauses - used when either party is GST-registered
4. Development Provisions: Used for off-plan purchases or when the apartment is under construction
5. Overseas Investment: Additional clauses for foreign buyers - used when purchaser is not a New Zealand resident
6. Remediation Works: Details of any pending or ongoing building works - used when repairs or upgrades are planned
7. Property Sharing Arrangement: Used when multiple purchasers are buying together under specific sharing arrangements
1. Schedule 1 - Property Details: Comprehensive description of the apartment, boundaries, and included features
2. Schedule 2 - Chattels List: Detailed inventory of all chattels included in the sale
3. Schedule 3 - Body Corporate Information: Body corporate rules, fees, and maintenance plans
4. Schedule 4 - Unit Title Disclosure Statement: Mandatory disclosure statement under the Unit Titles Act
5. Schedule 5 - Pre-settlement Disclosure Statement: Required disclosure of body corporate information before settlement
6. Schedule 6 - Additional Records: Copies of relevant documents including LIM report, title, and building reports
7. Appendix A - Floor Plan: Detailed floor plan of the apartment and common areas
8. Appendix B - Car Park/Storage Plan: Plans showing allocated parking and storage areas
9. Appendix C - Body Corporate Minutes: Recent body corporate meeting minutes and financial statements
Authors
Body Corporate
Body Corporate Rules
Building
Common Property
Completion Date
Deposit
Due Diligence Period
Effective Date
Encumbrance
GST
Land
LINZ
LIM Report
Operating Account
Payment Date
Principal Unit
Purchase Price
Purchaser
Settlement Date
Settlement
Solicitor
Unit Plan
Unit Title
Utilities
Vendor
Working Day
Accessory Unit
Bank
Chattels
Default Interest Rate
Disclosure Statement
Long Term Maintenance Fund
Pre-settlement Disclosure Statement
Property
Records of Title
Residential Property
Service Contracts
Title Transfer
Unit Entitlement
Utility Interest
Payment Terms
Title Transfer
Property Description
Body Corporate
Unit Title
Warranties and Representations
Due Diligence
Settlement
Default and Remedies
Risk and Insurance
Property Access
Disclosure
Conditions Precedent
GST
Assignment
Notices
Force Majeure
Dispute Resolution
Governing Law
Entire Agreement
Severability
Confidentiality
Property Inspection
Chattels
Maintenance
Utilities
Building Compliance
Insurance
Alterations
Registration
Possession
Termination
Further Assurance
Time of Essence
Real Estate
Legal Services
Banking and Finance
Insurance
Property Management
Construction and Building
Property Development
Professional Services
Property Investment
Legal
Real Estate
Property Management
Compliance
Sales
Settlements
Risk Management
Commercial
Residential Property
Conveyancing
Corporate Services
Real Estate Agent
Property Lawyer
Conveyancer
Property Manager
Body Corporate Manager
Legal Counsel
Property Developer
Investment Advisor
Mortgage Broker
Settlement Officer
Compliance Officer
Real Estate Partner
Property Consultant
Sales Manager
Branch Manager
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