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Contract To Sell Form for the United Kingdom

Contract To Sell Form Template for England and Wales

A Contract to Sell Form under English and Welsh law is a legally binding document that formalizes the agreement between a seller and buyer for the transfer of property or goods. It sets out the essential terms of the sale, including the purchase price, payment terms, completion date, and any conditions that must be met. The document ensures compliance with relevant legislation including the Law of Property Act 1925 and the Law of Property (Miscellaneous Provisions) Act 1989, providing legal protection for all parties involved.

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What is a Contract To Sell Form?

A Contract to Sell Form is essential for documenting the sale of property or goods in England and Wales. This document is commonly used when parties need to formalize their agreement before proceeding with the final transfer of ownership. It includes crucial details such as the identity of the parties, description of the property or goods, purchase price, payment terms, and completion date. The document ensures compliance with relevant legislation and provides a clear framework for the transaction, protecting both parties' interests and establishing their respective obligations.

What sections should be included in a Contract To Sell Form?

1. Parties: Details of seller and buyer including full legal names and addresses

2. Background: Context of the sale and brief description of the transaction

3. Definitions: Key terms used throughout the contract

4. Property Description: Detailed description of property/goods being sold including any relevant title information

5. Purchase Price: Amount and payment terms

6. Completion Date: Agreed date for completion of sale

7. Signatures: Execution blocks for all parties

What sections are optional to include in a Contract To Sell Form?

1. Conditions Precedent: Conditions that must be met before completion - used when sale is subject to specific conditions being met

2. Warranties: Seller's guarantees about the property/goods - used when specific assurances need to be documented

3. Third Party Rights: Rights of parties not directly involved in contract - used when third parties have interest in the property/goods

What schedules should be included in a Contract To Sell Form?

1. Property Schedule: Detailed property description including plans and boundaries

2. Fixtures and Fittings: List of items included/excluded from sale

3. Title Documents: Copies of relevant title documents and searches

4. Special Conditions: Any specific terms or conditions applying to the sale

Authors

Alex Denne

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

Jurisdiction

England and Wales

Document Type

Purchase Agreement

Cost

Free to use

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