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Real Estate For Sale By Owner Contract
"I need a Real Estate For Sale By Owner Contract for selling my three-bedroom residential property in Auckland, with settlement planned for March 2025 and including all fixed chattels and garden equipment."
1. Parties: Identification and details of the vendor (seller) and purchaser (buyer)
2. Background: Context of the sale and brief property description
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive legal description of the property, including title details and physical address
5. Purchase Price: Agreed purchase price and payment terms, including deposit details
6. Settlement and Possession: Settlement date, possession arrangements, and key handover details
7. Title and Transfer: Conditions regarding title transfer and registration requirements
8. Property Inspection: Buyer's rights and timeframes for property inspection
9. Warranties and Undertakings: Seller's warranties about the property's condition and legal status
10. Conditions: Standard conditions that must be met before settlement
11. Risk and Insurance: Responsibility for the property and insurance requirements until settlement
12. Default: Consequences and remedies if either party defaults
13. General Provisions: Standard legal provisions including notices, governing law, and dispute resolution
14. Execution: Signing provisions and date of agreement
1. Chattels: Detailed section listing included/excluded chattels when the property includes significant moveable items
2. Tenancies: Required when the property is sold with existing tenants, detailing arrangements and obligations
3. Body Corporate: Necessary for apartments or units within a body corporate structure
4. GST: Required when either party is GST-registered or the transaction is subject to GST
5. Land Covenants: Include when the property is subject to specific land covenants or restrictions
6. Development Provisions: Necessary when the property has development potential or restrictions
7. Overseas Investment: Required when the purchaser is an overseas person under the Overseas Investment Act
8. Building Condition: Specific provisions regarding building works, repairs, or maintenance requirements
1. Schedule 1 - Property Details: Detailed property description, including certificate of title references and legal boundaries
2. Schedule 2 - Chattels List: Comprehensive list of included and excluded chattels
3. Schedule 3 - Special Conditions: Any special conditions agreed between the parties
4. Schedule 4 - Warranties: Detailed warranties provided by the vendor
5. Appendix A - Title Documents: Copy of certificate of title and relevant registered documents
6. Appendix B - LIM Report: Land Information Memorandum report (if obtained)
7. Appendix C - Property Inspection Report: Building inspection report (if obtained)
8. Appendix D - Plans and Permits: Relevant building plans, permits, and consents
Authors
Business Day
Chattels
Completion
Conditions Date
Default Interest Rate
Deposit
Due Diligence Period
Encumbrance
GST
Improvements
Land
LINZ
LIM Report
Mortgage
Outstanding Claims
Possession Date
Property
Purchase Price
Purchaser
Rate of Interest
Record of Title
Settlement
Settlement Date
Settlement Statement
Title
Transfer
Unit Title
Vendor
Vendor's Solicitor
Purchaser's Solicitor
Working Day
Warranties
Purchase Price
Payment Terms
Deposit
Title Transfer
Settlement
Property Inspection
Due Diligence
Warranties
Insurance
Risk and Damage
Default
Notices
Assignment
Land Transfer
Property Access
Chattels
Representations
Conditions Precedent
Settlement Obligations
Possession
GST
Property Maintenance
Regulatory Compliance
Dispute Resolution
Governing Law
Force Majeure
Severability
Entire Agreement
Amendments
Legal Costs
Time of Essence
Further Assurance
Survival
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Insurance
Property Management
Private Housing
Residential Construction
Commercial Property
Legal
Property Management
Conveyancing
Real Estate Operations
Compliance
Risk Management
Documentation
Contract Administration
Property Development
Financial Services
Property Owner
Home Owner
Property Developer
Conveyancing Lawyer
Property Lawyer
Legal Counsel
Bank Manager
Mortgage Advisor
Property Valuer
Building Inspector
Insurance Underwriter
Property Manager
Contract Administrator
Legal Administrator
Compliance Officer
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