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Commercial Real Estate Offer To Purchase
"I need a Commercial Real Estate Offer to Purchase for a retail space in Jakarta's business district, with a planned closing date of March 15, 2025, including provisions for existing tenant arrangements and renovation rights."
1. Parties: Identification of the buyer and seller, including complete legal names, registration numbers for companies, and addresses
2. Background: Context of the transaction and brief description of the property being offered for purchase
3. Definitions: Definitions of key terms used throughout the document
4. Property Description: Detailed description of the property including address, land certificate number, building details, and boundaries
5. Purchase Price: The offered purchase price, payment terms, and deposit requirements
6. Payment Terms: Structure and schedule of payments, including deposit, down payment, and final payment arrangements
7. Due Diligence: Buyer's right to conduct property investigations, timeframes, and access arrangements
8. Conditions Precedent: Conditions that must be satisfied before the transaction becomes binding
9. Seller's Representations and Warranties: Seller's declarations regarding property ownership, encumbrances, and condition
10. Buyer's Representations and Warranties: Buyer's declarations regarding legal capacity and financial ability to complete the purchase
11. Closing Process: Steps and requirements for completing the transaction
12. Default and Remedies: Consequences of breach by either party and available remedies
13. Governing Law: Specification of Indonesian law as governing law and jurisdiction
14. Execution: Signature blocks and execution requirements
1. Financing Contingency: Required if the purchase is contingent on buyer obtaining financing
2. Tenant Rights: Required if the property has existing tenants and lease agreements
3. Environmental Conditions: Required for properties with potential environmental concerns or requiring environmental assessment
4. Development Rights: Required if the property includes unused development rights or pending applications
5. Foreign Investment Provisions: Required if the buyer is a foreign entity or involves foreign investment
6. Property Management: Required if the sale includes ongoing property management arrangements
7. Tax Provisions: Required for complex tax arrangements or special tax considerations
8. Broker Provisions: Required if real estate brokers are involved in the transaction
1. Property Details Schedule: Detailed technical description of the property, including exact measurements and boundaries
2. Title Documents: Copies of land certificates and ownership documentation
3. Due Diligence Checklist: List of required due diligence items and documentation
4. Payment Schedule: Detailed breakdown of payment amounts and timing
5. Existing Tenancies: Details of current lease agreements and tenant obligations
6. Property Permits: Copies of all relevant permits and licenses
7. Property Inspection Report: Technical assessment of the property's condition
8. Land Use Certificates: Zoning and land use documentation
9. Tax Certificates: Property tax payment proof and certificates
Authors
Real Estate
Banking & Finance
Retail
Hospitality
Manufacturing
Healthcare
Education
Technology
Logistics & Warehousing
Professional Services
Industrial
Energy & Resources
Legal
Finance
Real Estate
Operations
Compliance
Risk Management
Business Development
Facilities Management
Property Management
Corporate Development
Investment
Asset Management
Chief Executive Officer
Chief Financial Officer
Real Estate Director
Property Manager
Corporate Lawyer
Legal Counsel
Investment Manager
Asset Manager
Facilities Manager
Business Development Director
Commercial Director
Operations Director
Risk Manager
Compliance Officer
Finance Manager
Real Estate Broker
Property Valuator
Development Manager
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