The Buyer Seller Home Contract is essential for residential property transactions in England and Wales. It serves as the primary legal document governing the sale and purchase of residential property, ensuring both parties' interests are protected. The contract includes crucial details such as property description, purchase price, completion dates, and any special conditions. It complies with relevant legislation including the Law of Property Act 1925 and Land Registration Act 2002, and is typically prepared by conveyancing solicitors to ensure all legal requirements are met.
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1. Parties: Details of the buyer and seller, including full names and addresses
2. Background: Brief context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property being sold
5. Purchase Price: Amount agreed and payment terms
6. Completion Date: Agreed date for completion of the sale
7. Title Guarantee: Seller's confirmation of ownership rights
1. Fixtures and Fittings: Details of items included/excluded in sale - use when specific items need to be clearly identified
2. Chain Details: Information about related transactions - use when the sale is part of a property chain
3. Special Conditions: Any unique terms specific to this sale - use when there are non-standard arrangements
1. Property Plan: Official plan showing boundaries and extent of the property
2. Fixtures and Fittings List: Detailed inventory of items included in the sale
3. Property Information Form: Standard form providing detailed information about the property
4. Energy Performance Certificate: Mandatory energy efficiency assessment
5. Title Documents: Copy of title register and plan from Land Registry
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