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Purchase Deed
"I need a Purchase Deed for a commercial warehouse property in Auckland, New Zealand, with settlement scheduled for March 15, 2025, including specific provisions for existing tenant rights and GST requirements."
1. Parties: Identifies and defines all parties to the deed, including full legal names, addresses, and any registration numbers for companies
2. Background: Sets out the context and circumstances leading to the purchase, including brief description of the property and transaction
3. Definitions and Interpretation: Defines key terms used throughout the deed and establishes rules for interpretation
4. Agreement to Sell and Purchase: Core provision stating the seller's agreement to sell and the purchaser's agreement to buy the property
5. Purchase Price: Specifies the purchase price, payment terms, and method of payment
6. Property Description: Detailed description of the property being purchased, including legal description and title references
7. Settlement: Details of the settlement process, including date, time, and place of settlement
8. Title and Transfer: Provisions regarding transfer of title, including warranties about title and requirements for registration
9. Vendor's Warranties: Warranties given by the vendor regarding the property's condition, title, and any encumbrances
10. Risk and Insurance: Allocation of risk and responsibility for insurance before and after settlement
11. Default: Consequences and remedies in case of default by either party
12. Notices: Process for giving notices under the deed
13. General Provisions: Standard legal provisions including governing law, entire agreement, and modification requirements
1. Conditions Precedent: Used when the purchase is subject to specific conditions that must be satisfied before settlement
2. Chattels: Required when the purchase includes specific movable items or fixtures
3. Due Diligence: Included when the purchaser requires a due diligence period to investigate the property
4. GST Provisions: Required when GST applies to the transaction
5. Tenant Provisions: Needed when the property is sold subject to existing tenancies
6. Overseas Investment Provisions: Required when the purchaser is an overseas person under the Overseas Investment Act
7. Development Provisions: Included when the property is part of a development or subdivision
8. Unit Title Provisions: Required for unit title properties under the Unit Titles Act
1. Schedule 1 - Property Details: Detailed description of the property including title references, legal description, and area
2. Schedule 2 - Purchase Price Breakdown: Itemized breakdown of the purchase price including deposits and payment schedule
3. Schedule 3 - Chattels: List and description of all chattels included in the sale
4. Schedule 4 - Special Conditions: Any special conditions or terms specific to this transaction
5. Schedule 5 - Warranties: Detailed warranties given by the vendor
6. Appendix A - Title Documents: Copies of relevant title documents and plans
7. Appendix B - Consent Documents: Copies of any required consents or authorities
8. Appendix C - Property Information: Additional property information including LIM reports, building reports, or compliance documents
Authors
Business Day
Chattels
Completion Date
Deposit
Due Date
Default Interest Rate
Encumbrance
GST
Improvements
Land
LINZ
LIM Report
Possession Date
Property
Purchase Price
Registration
Settlement
Settlement Date
Settlement Sum
Title
Transfer
Unit
Vendor's Solicitor
Purchaser's Solicitor
Working Day
Warranties
Permitted Encumbrances
Records of Title
Real Estate Agent
Rates
Outstanding Indebtedness
Payment Date
Notice
Land Transfer Office
Interest Period
Immediately Available Funds
Default
Contemporaneous Settlement
Conditions
Completion
Purchase Price
Payment Terms
Settlement
Title Transfer
Property Possession
Warranties and Representations
Risk and Insurance
Default and Remedies
Due Diligence
Conditions Precedent
Property Access
Chattels
Encumbrances
GST
Land Registration
Improvements
Notice Requirements
Dispute Resolution
Assignment
Force Majeure
Governing Law
Title Matters
Rates and Outgoings
Property Inspection
Survival of Obligations
Entire Agreement
Variation
Severability
Further Assurance
Real Estate
Commercial Property
Residential Property
Agriculture
Retail
Industrial
Healthcare
Hospitality
Education
Construction
Property Development
Banking and Finance
Legal
Real Estate
Property Management
Compliance
Risk Management
Corporate Services
Facilities Management
Asset Management
Investment
Operations
Finance
Administration
Property Lawyer
Real Estate Agent
Property Manager
Commercial Director
Legal Counsel
Conveyancing Manager
Corporate Lawyer
Compliance Officer
Risk Manager
Investment Manager
Property Developer
Facilities Manager
Asset Manager
Transaction Manager
Company Secretary
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