Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Commercial Property Purchase Contract
"I need a Commercial Property Purchase Contract for buying a multi-tenant office building in Cape Town, South Africa, with existing tenants who will remain in place after the purchase, and the transfer needs to be completed by March 2025."
1. Parties: Identification and details of the Seller and Purchaser, including registration numbers for companies or ID numbers for individuals
2. Background: Context of the transaction and brief property description
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Sale: Core terms of the sale including property description and purchase price
5. Purchase Price: Detailed payment terms, deposit requirements, and payment schedule
6. Conditions Precedent: Any conditions that must be fulfilled before the agreement becomes fully effective
7. Transfer and Registration: Process and obligations regarding property transfer and registration
8. Risk and Possession: Transfer of risk and possession arrangements, including occupation date
9. Seller's Warranties: Standard warranties regarding property ownership, encumbrances, and condition
10. Purchaser's Warranties: Warranties regarding financial capacity and authority to purchase
11. Property Condition: Current state of the property and any agreed repairs or modifications
12. Costs and Transfer Duty: Allocation of transaction costs and transfer duty responsibilities
13. Breach: Consequences and remedies for breach of contract
14. Notices and Domicilia: Communication protocols and official addresses for notices
15. General Terms: Standard contractual provisions including whole agreement, variation, and governing law
16. Signature: Execution provisions and signature blocks
1. Tenant Rights and Obligations: Required if the property is currently leased to tenants
2. VAT Elections: Required if the transaction is subject to VAT instead of transfer duty
3. Development Obligations: Needed if the property requires specific development or modifications before transfer
4. Environmental Warranties: Required for properties with potential environmental concerns or history
5. Property Management: Needed if interim management arrangements are required between signature and transfer
6. Due Diligence: Required if the purchase is subject to a due diligence investigation period
7. Furniture and Fittings: Needed if the sale includes specific movable assets
8. Agent Commission: Required if property agents are involved in the transaction
1. Schedule 1 - Property Description: Detailed description of the property including erf number, title deed details, and physical address
2. Schedule 2 - Purchase Price Breakdown: Detailed breakdown of the purchase price and payment terms
3. Schedule 3 - Fixtures and Fittings: List of included and excluded fixtures and fittings
4. Schedule 4 - Existing Leases: Details of any existing lease agreements affecting the property
5. Schedule 5 - Property Certificates: List of required certificates (electrical, gas, beetle, etc.)
6. Schedule 6 - Due Diligence Documents: List of documents to be provided for due diligence
7. Appendix A - Property Plans: Official plans and diagrams of the property
8. Appendix B - Zoning Certificate: Current zoning certificate and regulations
9. Appendix C - Title Deed: Copy of the current title deed
Authors
Property
Purchase Price
Effective Date
Signature Date
Transfer Date
Occupation Date
Transfer Duty
VAT
Conveyancer
Deeds Office
Seller
Purchaser
Due Diligence Period
Fixtures and Fittings
Material Adverse Change
Permitted Use
Property Register
Title Deed
Transfer Costs
Occupation Rental
Business Day
Conditions Precedent
Deposit
Development Rights
Encumbrances
Environmental Laws
Financial Institution
Improvements
Local Authority
Municipal Rates
Occupational Health and Safety Act
Parties
Payment Date
Prime Rate
Property Manager
Purchase Agreement
Rates Clearance Certificate
Registration
Regulatory Approvals
Sale
Securities
Security Interest
Servitudes
Signature
Tax
Tenant
Town Planning Scheme
Transaction
Transfer
Utilities
Warranties
Zoning Certificate
Purchase Price
Payment Terms
Transfer
Property Description
Due Diligence
Conditions Precedent
Warranties
Representations
Risk and Insurance
Possession and Occupation
Transfer Duty
VAT
Property Condition
Existing Tenancies
Municipal Requirements
Environmental Compliance
Zoning and Use
Title Deed Conditions
Fixtures and Fittings
Property Management
Costs Allocation
Agent Commission
Breach
Termination
Force Majeure
Dispute Resolution
Governing Law
Notices
Assignment
Whole Agreement
Severability
Variation
Waiver
Confidentiality
Good Faith
Time is of the Essence
Counterparts
Legal Capacity
Authority
Commercial Real Estate
Retail
Industrial
Office Space
Manufacturing
Warehousing
Hospitality
Healthcare
Education
Financial Services
Professional Services
Construction and Development
Agriculture
Legal
Real Estate
Finance
Operations
Compliance
Risk Management
Business Development
Property Management
Asset Management
Facilities Management
Investment
Corporate Affairs
Chief Executive Officer
Chief Financial Officer
Commercial Property Manager
Real Estate Director
Property Development Manager
Facilities Manager
Legal Counsel
Corporate Lawyer
Property Investment Manager
Business Development Manager
Operations Director
Risk Manager
Compliance Officer
Property Portfolio Manager
Asset Manager
Find the exact document you need
Letter Of Intent (Real Estate)
A preliminary document outlining proposed terms for a real estate transaction under South African law, setting the framework for property acquisition or lease negotiations.
Lease Purchase Agreement (Real Estate)
A South African legal document combining a property lease with a future purchase option, governed by South African property law and relevant legislation.
Installment Sales Contract (Real Estate)
A South African law-compliant contract for the sale of real estate through installment payments, with the seller retaining ownership until full payment is received.
Buy Sell Agreement (Real Estate)
A legally binding agreement under South African law documenting the terms and conditions for the sale and purchase of real estate property.
Offer And Acceptance (Real Estate)
A South African legal document that formalizes real estate transactions, combining both the offer to purchase and the sale agreement in compliance with local property law.
Option Contract (Real Estate)
A South African real estate option contract granting rights to purchase specified property under predetermined terms and conditions.
Letter Of Intent Commercial (Real Estate)
A preliminary document outlining proposed terms for commercial real estate transactions under South African law, setting the framework for property negotiations while maintaining a primarily non-binding nature.
Land Purchase Option Agreement
A South African law-compliant agreement granting exclusive rights to purchase specified land within an agreed timeframe and conditions.
Purchase And Sale Agreement Business
A South African law-governed agreement documenting the terms and conditions for the sale and purchase of a business, including all essential transaction elements and regulatory compliance requirements.
Commercial Real Estate Letter Of Intent
A preliminary document under South African law outlining key terms and conditions for a proposed commercial real estate transaction, serving as a framework for final agreement negotiations.
Option Agreement Property
A South African law-compliant agreement granting the right to purchase specified property at predetermined terms within an agreed timeframe.
Letter Of Intent To Sell Property
A preliminary agreement document under South African law outlining the intention to sell/purchase property and key terms of the proposed transaction.
Private Sale Home Purchase Agreement
A legally binding agreement for private property sales between individuals in South Africa, compliant with local property law and transfer requirements.
Personal Property Purchase Agreement
A South African law-compliant agreement for the sale and purchase of personal property, establishing terms, conditions, and obligations between seller and purchaser.
Land Sales Agreement
A legally binding agreement under South African law that documents the terms and conditions for the sale and transfer of real property between a seller and purchaser.
Cash Real Estate Contract
A South African law-governed agreement for the cash purchase and sale of immovable property, complying with local property legislation and transfer requirements.
Agreement For Selling Property
A legally binding agreement under South African law that documents the terms and conditions for the sale and purchase of immovable property.
Sale Agreement Between Buyer And Seller
A South African law-governed agreement that documents the terms and conditions for the sale of goods, property, or assets between a seller and buyer.
Short Sale Purchase Agreement
A South African property sale agreement for transactions where the sale price is less than the outstanding mortgage, requiring lender approval.
Letter Of Intent To Purchase Property
A preliminary document used in South African property transactions expressing a potential buyer's formal intent to purchase property and outlining key proposed terms.
Private Property Sale Agreement
A South African law-governed agreement documenting the sale and purchase of private property, including all essential terms and conditions for property transfer.
Simple Real Estate Purchase Agreement Between Family Members
South African property purchase agreement template specifically designed for real estate transfers between family members, ensuring legal compliance while accommodating family dynamics.
Real Estate Option To Purchase Agreement
A South African legal agreement granting an exclusive right to purchase specified real estate at predetermined terms within a set timeframe.
Commercial Real Estate Offer To Purchase
A legally binding offer to purchase commercial real estate in South Africa, establishing initial terms between buyer and seller under South African property law.
Purchase Agreement Improved Property
A South African law-governed agreement for the sale and purchase of improved property, detailing transfer terms and parties' obligations.
Letter Of Offer To Sell Property
A formal written offer to sell property in South Africa, compliant with local property laws, detailing property specifications and sale terms.
Commercial Property Purchase Contract
A South African law-governed agreement for the purchase and sale of commercial property, establishing terms and conditions for property transfer.
Real Estate Buyout Agreement
A legally binding agreement for property sale and transfer in South Africa, detailing purchase terms and conditions in compliance with local property law.
Land Option Agreement
A South African law-governed agreement granting an exclusive right to purchase specified land within a set timeframe and price.
Property Sales Agreement
A legally binding agreement under South African law that documents the terms and conditions for the sale and transfer of immovable property between parties.
Letter Of Intent To Purchase Land
A preliminary document under South African law expressing a buyer's formal intention to purchase specific land property, outlining basic terms and conditions of the proposed transaction.
Commercial Real Estate Purchase Agreement
A South African law-governed agreement for the purchase and sale of commercial real estate, including all essential terms and compliance requirements.
Buyers Agreement Form
A South African law-governed agreement that documents the terms and conditions of a purchase transaction between buyer and seller.
Buyers Agreement Contract
A South African law-governed agreement that establishes terms and conditions for purchase transactions between buyers and sellers, ensuring compliance with local consumer protection legislation.
House Contract Agreement
A legally binding residential lease agreement governed by South African law, establishing terms and conditions for property rental.
Real Estate Contract
A legally binding agreement for property transfer in South Africa, complying with local property law and transfer requirements.
Purchase Sale Agreement
A South African law-governed agreement documenting the terms and conditions for the sale and purchase of assets between parties, ensuring legal compliance and transaction certainty.
Mobile Home Purchase Agreement
A South African legal agreement governing the sale and purchase of mobile homes, ensuring compliance with local property laws and regulations.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.