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Buyer Seller Home Contract Template for England and Wales

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Key Requirements PROMPT example:

Buyer Seller Home Contract

"I need a Buyer Seller Home Contract for the purchase of a three-bedroom house in Manchester for £450,000, with completion planned for March 2025, including specific provisions for the retention of all fitted appliances and garden furniture."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses






























Industries

Law of Property Act 1925: Primary legislation governing land ownership and transactions in England and Wales. Sets out fundamental requirements for legal transfers and defines estates in land.

Land Registration Act 2002: Establishes requirements for property registration, rules about title guarantees, and determines priority of interests in land.

Consumer Rights Act 2015: Applicable when selling to private individuals, establishing fair terms requirements and transparency obligations in property transactions.

Housing Act 1984 & 2004: Sets standards for property conditions, health and safety requirements, and minimum housing standards.

Contracts (Rights of Third Parties) Act 1999: Governs third-party rights in contracts, including property sale agreements.

Misrepresentation Act 1967: Addresses false statements during sale process and provides remedies for misrepresentation in property transactions.

Property Misdescriptions Act 1991: Ensures accuracy in property descriptions and prevents false advertising in property sales.

Money Laundering Regulations 2017: Establishes requirements for identity verification and source of funds checks in property transactions.

Stamp Duty Land Tax Regulations: Covers tax implications of property sales and associated filing requirements with HMRC.

Energy Performance of Buildings Regulations 2012: Mandates Energy Performance Certificate (EPC) requirements and energy efficiency disclosures for property sales.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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