The Cash Real Estate Contract is specifically designed for property transactions in England and Wales where the buyer is purchasing without mortgage financing. This contract type is commonly used for expedited property purchases, investment transactions, or situations requiring quick completion. The document includes essential elements such as property description, purchase price, completion timeline, and specific provisions related to cash transactions. It must comply with the Law of Property Act 1925 and other relevant property legislation in England and Wales. The contract is particularly valuable in competitive market situations where speed of transaction is crucial.
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1. Parties: Details of buyer and seller, including full legal names and addresses
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the contract
4. Property Description: Detailed description of the property including address and title number
5. Purchase Price: Agreed purchase price and payment terms
6. Completion Date: Agreed date for completion of the sale
7. Title Guarantee: Seller's confirmation of title guarantee type
1. Vacant Possession: Used when property must be empty on completion - Include when property is currently occupied
2. Fixtures and Fittings: Details of items included/excluded from sale - Include when specific items need to be listed
3. Planning Permissions: Details of existing permissions - Include when property has specific planning conditions
1. Property Schedule: Detailed property information including boundaries and rights
2. Fixtures and Fittings Schedule: Comprehensive list of included/excluded items
3. Title Documents: Copies of relevant title documents and plans
4. Property Information Form: Standard form containing detailed property information
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