The Simple Vacant Land Purchase Agreement is a fundamental legal document used in England and Wales for straightforward transactions involving undeveloped land. This agreement is particularly suitable when the transaction doesn't involve complex development rights, planning permissions, or unusual restrictions. It includes essential elements such as property description, purchase price, completion details, and basic warranties, while maintaining compliance with the Law of Property Act 1925 and other relevant legislation. The document is commonly used for agricultural land sales, investment purchases, or preliminary acquisition before development planning.
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1. Parties: Identification and details of buyer and seller
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the land including boundaries and rights
5. Purchase Price: Amount and payment terms
6. Completion: Date and requirements for completion
7. Title Guarantee: Seller's warranties regarding ownership
1. Conditions Precedent: Prerequisites that must be met before completion - used when specific conditions must be satisfied before sale
2. Planning Permissions: Existing or required planning permissions - included when development is intended
3. Environmental Provisions: Environmental warranties and indemnities - used when environmental risks exist
1. Plan: Land Registry compliant plan showing the property
2. Title Documents: Copies of relevant title documents
3. Planning Permissions: Copies of existing planning permissions - included if relevant to the sale
4. Environmental Reports: Results of environmental surveys - included if environmental issues are relevant
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