tiktok˰

Agreement Of Sale And General Power Of Attorney Template for Australia

A comprehensive legal document governed by Australian law that combines a sale agreement with a general power of attorney. This dual-purpose instrument facilitates both the transfer of assets or property and the delegation of authority to act on behalf of either the buyer or seller. The document complies with Australian federal and state-specific requirements for both sales agreements and powers of attorney, including relevant consumer protection laws, state-specific Powers of Attorney Acts, and applicable property transfer regulations. It provides detailed terms of sale while simultaneously establishing a legal framework for authorized representation throughout the transaction process.

Typically:
£1,175
i
This cost is based on prices provided by
6 legal services in your market.
With tiktok˰:

£0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Agreement Of Sale And General Power Of Attorney?

The Agreement Of Sale And General Power Of Attorney is a specialized legal instrument used in Australian business transactions where one party requires formal representation during the sale process. This document is particularly valuable when the buyer or seller cannot be physically present for all aspects of the transaction, or when complex, ongoing actions are required to complete the sale. It incorporates comprehensive sale terms including asset transfer provisions, payment conditions, and completion requirements, while simultaneously granting specific powers to an appointed attorney to act on behalf of the principal. The document must comply with both Commonwealth legislation (such as the Australian Consumer Law) and state-specific requirements for powers of attorney. It's commonly used in business sales, property transactions, and asset transfers where delegation of authority is necessary for efficient completion of the transaction.

What sections should be included in a Agreement Of Sale And General Power Of Attorney?

1. Parties: Identifies and defines all parties to the agreement, including the Seller, Buyer, and the parties to the power of attorney (Principal and Attorney)

2. Background: Outlines the context and purpose of the agreement, including the intent to sell and grant power of attorney

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules

4. Sale Terms: Details the essential terms of the sale including the subject matter, purchase price, and payment terms

5. Grant of Power of Attorney: Explicitly grants the power of attorney, specifying the scope of authority given to the attorney

6. Powers and Authorities: Lists specific powers granted to the attorney in relation to the sale and other matters

7. Obligations of the Attorney: Sets out the attorney's duties, responsibilities, and standard of care

8. Completion and Settlement: Details the completion process, including timing, location, and requirements

9. Representations and Warranties: States the representations and warranties given by each party

10. Default and Termination: Specifies events of default and termination rights for both the sale and power of attorney

11. General Provisions: Contains standard legal provisions including notices, governing law, and dispute resolution

What sections are optional to include in a Agreement Of Sale And General Power Of Attorney?

1. Property Transfer Provisions: Required when the sale involves real property, detailing specific requirements for property transfer

2. Intellectual Property Rights: Included when the sale involves transfer of intellectual property

3. Ongoing Obligations: Used when there are continuing obligations post-completion

4. Registration Requirements: Required when the power of attorney needs to be registered with relevant authorities

5. Foreign Investment Provisions: Included when the transaction involves foreign buyers or sellers

6. GST Provisions: Required when the transaction is subject to GST

7. Third Party Consents: Included when the sale requires consents from third parties

8. Security Interests: Required when there are existing security interests over the sale items

What schedules should be included in a Agreement Of Sale And General Power Of Attorney?

1. Schedule 1 - Sale Items: Detailed description of all items included in the sale

2. Schedule 2 - Purchase Price and Payment Terms: Breakdown of the purchase price and payment schedule

3. Schedule 3 - Powers Granted to Attorney: Comprehensive list of specific powers granted under the power of attorney

4. Schedule 4 - Completion Requirements: Checklist of all requirements for completion of the sale

5. Schedule 5 - Required Consents and Approvals: List of all required third-party consents and regulatory approvals

6. Appendix A - Form of Transfer Documents: Templates of required transfer documents

7. Appendix B - Existing Encumbrances: Details of any existing encumbrances on the sale items

8. Appendix C - Registration Requirements: Specific requirements for registering the power of attorney in relevant jurisdictions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok˰ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Australia

Publisher

tiktok˰

Document Type

Sale Agreement

Sector

Cost

Free to use

Find the exact document you need

Cross Purchase Buy Sell Agreement

An Australian-compliant agreement enabling business owners to purchase each other's interests upon specified triggering events, ensuring business continuity and clear exit mechanisms.

Download

Sales Exclusivity Agreement

An Australian-law governed agreement establishing exclusive sales or distribution rights within a specified territory, including performance requirements and compliance with local competition laws.

Download

Sales Rep Agreement

An Australian-law governed agreement establishing the relationship between a company and its sales representative, including commission terms and mutual obligations.

Download

Commission Agent Agreement

An Australian-law governed agreement establishing a commission-based sales relationship between a principal and an agent, defining authority, obligations, and compensation terms.

Download

Vehicle Sales Agreement Form

An Australian-compliant legal agreement for the sale and purchase of vehicles, covering essential terms and conditions under Australian law.

Download

Lease Option Agreement For Sale

An Australian legal agreement combining a property lease with an option for the tenant to purchase the property during or after the lease term.

Download

Seller Rent Back Agreement Form

An Australian legal agreement allowing property sellers to remain as tenants after sale completion, combining property sale and residential tenancy provisions under Australian law.

Download

Agreement Of Sale And General Power Of Attorney

An Australian legal document combining a sale agreement and general power of attorney, enabling both asset transfer and authorized representation in the transaction process.

Download

Oil Purchase And Sale Agreement

An Australian-law governed agreement setting out terms and conditions for the sale and purchase of oil products, including specifications, pricing, delivery, and regulatory compliance.

Download

Agreement To Split Proceeds Of Sale

An Australian legal agreement establishing terms for distributing property sale proceeds among multiple parties, compliant with Australian property and contract law.

Download

Retail Installment Sales Contract

An Australian-compliant contract for the sale of goods through installment payments, incorporating consumer credit protections and payment terms.

Download

Sale Of Partnership Interest Agreement

An Australian law-governed agreement for the sale and transfer of partnership interests, detailing terms, conditions, and obligations of all parties involved.

Download

Plot Sale Agreement

An Australian legal agreement for the sale and purchase of land plots, outlining terms, conditions, and obligations of all parties involved.

Download

Sale And Purchase Agreement Key Terms

An Australian law-governed document outlining the essential terms and conditions for a proposed sale transaction, serving as the basis for a detailed purchase agreement.

Download

Point Of Sale Contract

An Australian-law governed agreement setting out terms and conditions for point of sale transactions, ensuring compliance with Australian Consumer Law and protecting both merchant and customer interests.

Download

Business Sale Confidentiality Agreement

An Australian-law governed confidentiality agreement for protecting sensitive information during business sale transactions.

Download

Salesperson Contract

An Australian-compliant employment contract for sales professionals, covering compensation, duties, and performance expectations.

Download

Motorcycle Sales Agreement

An Australian-compliant legal agreement for the sale and purchase of motorcycles, incorporating federal and state regulatory requirements.

Download

Gas Purchase Agreement

An Australian law-governed agreement establishing terms and conditions for natural gas sale and purchase, including delivery, pricing, and operational requirements.

Download

General Sales Contract

An Australian law-compliant contract template for the sale of goods, covering essential commercial terms and consumer protection requirements.

Download

Sales And Distribution Agreement

An Australian-law governed Sales and Distribution Agreement establishing terms between supplier and distributor, including appointment, territory rights, and operational requirements.

Download

Power Sales Agreement

An Australian-law governed agreement establishing terms for electricity sale and purchase between generators and buyers, compliant with National Electricity Market requirements.

Download

Sales And Service Agreement

An Australian-law governed agreement combining sales and service provisions, establishing terms for supply of goods and related services with necessary consumer protections.

Download

Sale And Buy Back Agreement

An Australian law-governed agreement establishing terms for asset sale and subsequent repurchase by the original seller, including pricing, timing, and interim obligations.

Download

Installment Sale Agreement

An Australian-law governed agreement for the sale of goods with payment structured in installments, incorporating security interests and compliance with Australian consumer and commercial law.

Download
See more related templates

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