The Advance Agreement for Sale of Land is a preliminary contractual document commonly used in Australian property transactions to establish the framework for a future property sale. This document is particularly useful when parties need to agree on key terms before proceeding with the formal contract of sale, especially in complex property transactions or when certain conditions need to be met before the sale can proceed. The agreement typically includes essential details such as property description, purchase price, deposit terms, settlement arrangements, and any conditions precedent. It's commonly used in both residential and commercial property transactions across Australian jurisdictions and provides a legally binding framework while allowing flexibility for specific conditions to be met. The document must comply with relevant state and federal legislation, including property law acts and consumer protection regulations.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok˰'s market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies and provides full details of the vendor and purchaser, including legal names, addresses, and ACN/ABN if applicable
2. Background: Outlines the context of the agreement, including the vendor's ownership of the property and the purchaser's intention to buy
3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation
4. Property Details: Comprehensive description of the property including lot number, plan, title reference, and street address
5. Purchase Price: Specifies the agreed purchase price, deposit amount, and payment terms
6. Deposit Terms: Details of deposit payment, including amount, timing, and holding arrangements
7. Settlement: Specifies settlement date, time, location, and requirements for completion
8. Title and Transfer: Provisions regarding transfer of title and associated documentation
9. Vendor's Warranties: Warranties provided by the vendor regarding the property's condition and title
10. Purchaser's Warranties: Warranties provided by the purchaser regarding capacity to complete the purchase
11. Default and Termination: Consequences of default by either party and termination provisions
12. GST: GST treatment of the transaction and related obligations
13. Notices: Process for giving and receiving formal notices under the agreement
14. General Provisions: Standard contractual provisions including governing law, entire agreement, and variation
1. Finance Condition: Include when the purchase is subject to the purchaser obtaining finance approval
2. Building and Pest Inspection: Include when the purchase is conditional on satisfactory building and pest inspections
3. Foreign Investment Review Board Approval: Required when the purchaser is a foreign person requiring FIRB approval
4. Existing Tenancies: Include when the property is sold subject to existing tenancies
5. Swimming Pool Compliance: Include when the property includes a swimming pool, detailing compliance requirements
6. Development Approval: Include when the purchase is conditional on obtaining specific development approvals
7. Construction Provisions: Include for off-the-plan purchases or properties under construction
8. Body Corporate Provisions: Include for strata-titled properties
9. Rural Land Provisions: Include for agricultural or rural property transactions
1. Property Schedule: Detailed description of the property including title particulars, encumbrances, and included fixtures
2. Disclosure Statement: Statutory disclosures required under relevant state legislation
3. Special Conditions: Additional conditions specific to the transaction
4. Form of Transfer: Pro forma transfer document to be used at settlement
5. Included Chattels: List of moveable items included in the sale
6. Excluded Items: List of items specifically excluded from the sale
7. Tenancy Schedule: Details of existing tenancies if property is sold subject to leases
8. Plans and Drawings: Property plans, survey plans, or building plans as relevant
9. Required Repairs: List of repairs or improvements to be completed before settlement
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Agriculture (for rural properties)
Retail (for commercial properties)
Hospitality (for commercial properties)
Industrial
Residential Property
Relevant Teams
Legal
Real Estate
Property Development
Compliance
Operations
Finance
Sales
Contract Administration
Risk Management
Corporate Services
Relevant Roles
Property Lawyer
Real Estate Agent
Conveyancer
Property Manager
Commercial Property Director
Legal Counsel
Property Development Manager
Contract Administrator
Settlement Agent
Real Estate Development Director
Property Investment Manager
Compliance Officer
Real Estate Operations Manager
Land Acquisition Manager
Find the exact document you need
Sell By Owner Purchase Agreement
An Australian legal agreement for direct property sales between private sellers and buyers, without real estate agent involvement.
find out more
Purchaser And Seller Agreement
An Australian law-governed agreement defining terms and conditions for sale and purchase transactions between parties, including price, delivery, warranties, and obligations.
find out more
Sell Agreement Letter
An Australian jurisdiction document that formalizes sale transactions between parties, outlining key terms and conditions while ensuring legal compliance.
find out more
Sale Agreement Between Two Parties
An Australian-compliant agreement documenting the terms and conditions of a sale transaction between two parties, including price, delivery, and warranties.
find out more
Real Estate Contract Assignment Form
An Australian legal document that facilitates the transfer of rights and obligations under an existing property contract from one buyer to another, compliant with Australian property law.
find out more
Real Estate Land Purchase Agreement
An Australian law-governed agreement for the sale and purchase of real property, detailing terms, conditions, and obligations of the transaction.
find out more
Buy Sell Agreement For LLC
An Australian-law governed agreement that regulates the buying and selling of company shares between shareholders in a Proprietary Limited Company upon specified trigger events.
find out more
Simple Car Purchase Agreement
An Australian-compliant template for documenting vehicle sales transactions, suitable for both private and commercial vehicle transfers.
find out more
Property Buy Sell Agreement
An Australian legal agreement governing the sale and purchase of real property, outlining terms, conditions, and obligations of all parties involved in the transaction.
find out more
Aircraft Purchase And Sale Agreement
An Australian law-governed agreement for the sale and purchase of aircraft, detailing transfer terms, specifications, and regulatory compliance requirements.
find out more
Purchase Price Agreement
An Australian-law governed agreement setting out terms and conditions for purchase transactions, including price, payment terms, and completion requirements.
find out more
Contract For Selling A Car
An Australian-law governed agreement for the sale and purchase of a motor vehicle, ensuring compliance with federal and state regulations while protecting both parties' interests.
find out more
Vessel Purchase And Sale Agreement
An Australian law-governed agreement for the sale and purchase of a vessel, detailing terms, conditions, and transfer of ownership requirements.
find out more
Restaurant Sale Agreement
An Australian law-governed agreement for the sale and purchase of a restaurant business, including assets, licenses, and operational transfers.
find out more
Manufactured Home Purchase Agreement
An Australian law-governed agreement for the sale and purchase of a manufactured home, detailing transaction terms and regulatory compliance requirements.
find out more
Legal Sales Agreement
An Australian law-governed agreement that formalizes sales transactions, detailing terms, conditions, and obligations of both parties.
find out more
Land Sales Agreement
An Australian legal agreement documenting the terms and conditions for the sale and purchase of real property, compliant with state and federal property laws.
find out more
Land Buying Contract
An Australian law-governed contract for the sale and purchase of land, establishing terms, conditions, and obligations for property transfer between vendor and purchaser.
find out more
Horse Bill Of Sale Purchase Agreement
An Australian-compliant legal agreement documenting the sale and purchase of a horse, including ownership transfer and warranty terms.
find out more
For Sale By Owner Offer To Purchase Contract
An Australian legal contract for direct property sales between owner and buyer, without real estate agent involvement.
find out more
Conditional Sale And Purchase Agreement
An Australian law-governed agreement that sets out terms for a conditional sale and purchase transaction, where the sale completion is subject to specified conditions being met.
find out more
Confidentiality Agreement For Sale Of Business
An Australian-law governed confidentiality agreement protecting sensitive information during business sale processes.
find out more
New Construction Residential Purchase Agreement
An Australian legal agreement for the purchase of newly constructed residential properties, combining property purchase and construction specifications under Australian law.
find out more
Bill Of Sale Asset Purchase
An Australian legal document evidencing the sale and transfer of personal property assets from seller to buyer, compliant with federal and state legislation.
find out more
Agreement To Sell And Purchase
An Australian law-governed agreement that documents the terms and conditions for the sale and purchase of property, assets, or business interests.
find out more
Vacant Land Lot Purchase Contract
An Australian jurisdiction contract for the purchase and sale of vacant land, establishing terms and conditions for land ownership transfer while ensuring compliance with local property laws.
find out more
Second Hand Bike Purchase Agreement
An Australian legal agreement for the sale and purchase of a second-hand motorcycle, incorporating relevant consumer law provisions and vehicle transfer requirements.
find out more
Real Estate Bill Of Sale Contract
An Australian legal contract documenting the terms and conditions for the sale and purchase of real estate property, ensuring compliance with state and federal property laws.
find out more
As Is Where Is Sale Agreement
Australian-law governed agreement for the sale of assets in their current condition without warranties, where the buyer accepts all risks regarding the asset's condition.
find out more
Contract For Buying Land From Owner
An Australian law-governed agreement for the sale and purchase of land, detailing all essential terms and conditions of the property transfer.
find out more
No Home Sale Contract
An Australian legal agreement preventing real estate agents from purchasing properties they are engaged to sell, ensuring compliance with local property laws and ethical standards.
find out more
Business Purchase Term Sheet
An Australian-compliant preliminary document outlining key terms and conditions for a business purchase transaction, serving as a basis for the final purchase agreement.
find out more
Advance Agreement For Sale Of Land
An Australian legal document establishing the preliminary terms and conditions for a future property sale, including purchase price, deposit arrangements, and settlement conditions.
find out more
Private Land Purchase Agreement
An Australian legal agreement governing the sale and purchase of private land, detailing terms, conditions, and obligations of both parties.
find out more
Horse Sales Agreement With Payment Plan
An Australian-law governed agreement for horse sales with structured payment terms, including ownership transfer and maintenance obligations.
find out more
Promissory Note Purchase And Sale Agreement
An Australian law agreement governing the sale and purchase of promissory notes, including transfer terms and regulatory compliance requirements.
find out more
Agreement To Sell Real Estate Form
An Australian legal document that formalizes the sale and purchase of real estate property, complying with relevant state and federal property laws.
find out more
Purchase Agreement For Buying A Business
An Australian law-governed agreement for the sale and purchase of a business, covering all aspects of the transaction including assets, liabilities, and regulatory requirements.
find out more
Letter Of Agreement To Sell Property
An Australian legal document outlining the agreed terms between property seller and buyer, serving as a preliminary agreement before the formal contract of sale.
find out more
Commercial Agreement Of Purchase And Sale
An Australian law-governed agreement establishing terms and conditions for commercial sale transactions between businesses.
find out more
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)