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Deed Of Sale Of Property
"I need a Deed of Sale of Property for a commercial warehouse in Brisbane, including specific provisions for existing tenant rights and a delayed settlement date of March 15, 2025, with the property being sold to a foreign investment company."
1. Parties: Identifies and provides full details of the Vendor and Purchaser, including ACN/ABN for companies
2. Background: Establishes context including property ownership, intention to sell/purchase, and any relevant pre-contractual matters
3. Definitions and Interpretation: Defines key terms used throughout the deed and establishes rules for interpretation
4. Property Details: Comprehensive description of the property including lot number, title reference, address, and included fixtures/fittings
5. Purchase Price: Specifies the agreed purchase price, deposit amount, and payment terms
6. Settlement: Details of settlement date, time, location, and requirements for completion
7. Vendor's Obligations: Outlines the seller's responsibilities including providing clear title and required documentation
8. Purchaser's Obligations: Specifies buyer's responsibilities including payment terms and due diligence requirements
9. Adjustments: Provisions for adjusting rates, taxes, and other outgoings at settlement
10. Title and Transfer: Requirements for transfer of title and associated documentation
11. Warranties: Vendor's warranties regarding the property's condition, title, and encumbrances
12. Default and Termination: Consequences of default and circumstances allowing termination
13. Execution: Formal execution provisions including signing requirements and attestation
1. GST Provisions: Required when the sale is subject to GST, detailing GST treatment and obligations
2. Foreign Investment: Required when purchaser is a foreign person under FIRB regulations
3. Tenancy Details: Required when property is sold subject to existing tenancy
4. Special Conditions: Used for any unique requirements or circumstances specific to the transaction
5. Agent's Details: Required when real estate agent is involved in the transaction
6. Finance Conditions: Required when purchase is subject to finance approval
7. Building and Pest Conditions: Used when sale is subject to satisfactory building and pest inspections
8. Development Conditions: Required when property is subject to development applications or approvals
1. Property Schedule: Detailed description of land, improvements, and included chattels
2. Title Search: Current title search showing registered interests and encumbrances
3. Plan of Land: Survey plan or registered plan showing property boundaries and dimensions
4. Disclosure Statement: Statutory disclosures required under relevant state legislation
5. Existing Tenancy Documents: Copies of lease agreements and tenant details if property sold tenanted
6. Outstanding Notices: Copies of any notices affecting the property from authorities
7. Certificate of Title: Copy of certificate of title or title reference
8. Payment Schedule: Detailed breakdown of purchase price, deposit, and settlement payments
Authors
Real Estate
Property Development
Banking and Finance
Legal Services
Construction
Investment
Property Management
Agricultural (for rural properties)
Commercial Property
Residential Property
Legal
Real Estate
Property Management
Compliance
Risk Management
Corporate Services
Operations
Conveyancing
Business Development
Document Control
Property Lawyer
Conveyancing Manager
Real Estate Agent
Property Manager
Legal Counsel
Compliance Officer
Contract Administrator
Property Development Manager
Settlement Officer
Corporate Lawyer
Real Estate Transaction Coordinator
Title Officer
Risk Manager
Company Secretary
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