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Unconditional Contract Of Sale
"I need an Unconditional Contract of Sale for a residential property in Auckland, New Zealand, with settlement scheduled for March 15, 2025, including a detailed chattels list and requiring the vendor to complete minor repairs before settlement."
1. Parties: Identifies and defines the vendor and purchaser with full legal names and addresses
2. Background: Establishes the context of the sale, including brief property description and vendor's ownership
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets interpretation rules
4. Agreement to Sell and Purchase: Core agreement section stating the vendor's agreement to sell and purchaser's agreement to buy
5. Purchase Price: Specifies the total purchase price and payment structure
6. Property Description: Detailed description of the property including legal description and title references
7. Title and Title Requirements: Details about the title, including any easements, covenants, or restrictions
8. Settlement and Possession: Specifies settlement date, time, and requirements for completion
9. Risk and Insurance: Addresses risk transfer and insurance requirements until settlement
10. Vendor's Warranties: Standard warranties provided by the vendor regarding the property
11. Default: Consequences and remedies in case of default by either party
12. General Provisions: Standard contract clauses including notices, entire agreement, and governing law
1. GST Provisions: Required when either party is GST registered or the transaction is subject to GST
2. Chattels: Required when the sale includes specific moveable items with the property
3. Tenancies: Required when the property is sold with existing tenants
4. Due Diligence: Optional section for buyer's investigations if agreed between parties
5. Building Warranty: Required for properties less than 6 years old or with recent major renovations
6. Resource Management Act Compliance: Required when there are specific planning or zoning considerations
7. Body Corporate: Required for unit title properties
8. Vendor's Works: Required when vendor agrees to complete specific works before settlement
1. Schedule 1 - Property Details: Comprehensive property details including certificate of title, legal description, and area
2. Schedule 2 - Chattels List: Itemized list of all chattels included in the sale
3. Schedule 3 - Special Conditions: Any special conditions agreed between the parties
4. Schedule 4 - Tenancy Schedule: Details of existing tenancies including terms and current rent
5. Appendix A - Title Documents: Copy of certificate of title and relevant instruments
6. Appendix B - LIM Report: Land Information Memorandum report if provided
7. Appendix C - Property Plans: Floor plans, site plans, or other relevant property drawings
8. Appendix D - Compliance Documents: Building consents, code compliance certificates, and other relevant permits
Authors
Business Day
Chattels
Completion
Default Interest Rate
Default Notice
Encumbrance
GST
Land
Land Transfer Office
LINZ
Property
Purchase Price
Purchaser
Settlement
Settlement Date
Settlement Statement
Title
Transfer
Vendor
Working Day
Certificate of Title
Possession Date
Requisitions
Rates
Outgoings
Land Information Memorandum
Warranties
Default
Interest
Deposit
Balance
Solicitor
Notice
Property Title
Registration
Security Interest
Unit Title
Common Property
Body Corporate
Title Verification
Property Transfer
Payment Terms
Settlement
Risk and Insurance
Warranties and Representations
Property Possession
Default and Remedies
GST
Property Inspection
Chattels
Title Registration
Notices
Deposit
Outgoings and Incomings
Tenancies
Land Covenants
Easements
Local Authority Compliance
Building Compliance
Resource Management
Property Access
Insurance
Vendor's Obligations
Purchaser's Obligations
Assignment
Entire Agreement
Governing Law
Dispute Resolution
Force Majeure
Severability
Costs
Time of Essence
Further Assurance
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Agriculture
Hospitality
Professional Services
Manufacturing
Warehousing
Legal
Real Estate
Property Management
Compliance
Finance
Operations
Commercial
Risk Management
Investment
Business Development
Asset Management
Real Estate Agent
Property Lawyer
Conveyancing Lawyer
Property Manager
Commercial Property Manager
Legal Counsel
Contract Manager
Property Developer
Business Owner
Chief Executive Officer
Chief Financial Officer
Property Investment Manager
Asset Manager
Real Estate Investment Manager
Settlement Officer
Compliance Officer
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