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Cash Sale House Contract
"I need a standard Cash Sale House Contract for a three-bedroom residential property in Auckland, with settlement scheduled for March 15, 2025, including all standard chattels and requiring vacant possession on settlement."
1. Parties: Identification of the vendor and purchaser with full legal names and addresses
2. Background: Brief context of the transaction and purpose of the agreement
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation
4. Property Details: Full legal description of the property including title references, area, and boundaries
5. Purchase Price: Specified purchase price and payment terms including deposit and settlement payment
6. Settlement and Possession: Settlement date, time, and conditions for possession transfer
7. Title and Registration: Requirements for clear title transfer and registration processes
8. Property Inspection: Purchaser's rights and timeframes for property inspection
9. Risk and Insurance: Assignment of risk and insurance requirements until settlement
10. Vendor's Warranties: Standard warranties about the property's condition and compliance
11. Default: Consequences and remedies for breach by either party
12. General Terms: Standard contract terms including notices, time of essence, and governing law
13. Execution: Signing requirements and execution blocks
1. Chattels: List of moveable items included in the sale, used when specific chattels are being transferred
2. Tenancy Provisions: Required when the property is sold with existing tenants or tenancy agreements
3. GST: GST provisions required when either party is GST registered or the transaction is subject to GST
4. Body Corporate: Specific provisions for unit titles or apartments under body corporate management
5. Building Report Condition: Used when the purchase is conditional on a satisfactory building report
6. Land Act/OIA Consent: Required for transactions involving overseas buyers or Land Act consent requirements
7. Remediation Works: Used when specific property repairs or improvements are agreed as part of the sale
8. Development Provisions: Required when the property has ongoing or planned development works
1. Schedule 1 - Property Details: Detailed property information including certificate of title, legal description, and area
2. Schedule 2 - Chattels List: Comprehensive list of all chattels included in the sale
3. Schedule 3 - Warranties: Detailed vendor warranties about the property
4. Appendix A - Title Documents: Copy of certificate of title and relevant encumbrances
5. Appendix B - LIM Report: Land Information Memorandum report from the local council
6. Appendix C - Property Plans: Floor plans, site plans, and boundary details
7. Appendix D - Compliance Documents: Building consents, code compliance certificates, and other relevant permits
Authors
Business Day
Chattels
Completion
Deposit
Default Interest Rate
Default
Encumbrance
GST
GST Act
Land
LINZ
Local Authority
Possession Date
Property
Purchase Price
Purchaser
Rate of Interest
Records of Title
Settlement Date
Settlement
Tax Information
Title
Transfer
Unit Title
Vendor
Working Day
Property Law Act
Land Transfer Act
Warranty
Purchase Price
Deposit
Settlement
Title Transfer
Possession
Property Inspection
Due Diligence
Warranties and Representations
Risk and Insurance
Default
Chattels
GST
Land Transfer
Property Compliance
Local Authority Requirements
Notices
Dispute Resolution
Force Majeure
Assignment
Time of Essence
Entire Agreement
Governing Law
Execution
Property Access
Vacant Possession
Building Compliance
Environmental Matters
Title Requisition
Settlement Obligations
Real Estate
Property Development
Legal Services
Financial Services
Construction
Property Management
Professional Services
Residential Property
Legal
Real Estate Sales
Property Management
Compliance
Settlement
Due Diligence
Property Investment
Conveyancing
Documentation
Risk Management
Real Estate Agent
Property Lawyer
Conveyancing Specialist
Property Manager
Settlement Officer
Legal Executive
Compliance Officer
Property Developer
Real Estate Transaction Coordinator
Title Officer
Property Investment Advisor
Due Diligence Specialist
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