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Contract To Sell (Real Estate) for Malta

Contract To Sell (Real Estate) Template for Malta

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Contract To Sell (Real Estate)

"I need a Contract to Sell (Real Estate) for a luxury villa in Mdina, Malta, with a completion date of March 15, 2025, including special provisions for the sale of antique fixtures and a requirement for the buyer to maintain the property's historical features."

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Contract To Sell (Real Estate)

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What is a Contract To Sell (Real Estate)?

The Contract to Sell (Real Estate) is a fundamental legal document used in Maltese property transactions when transferring ownership of real estate from a vendor to a purchaser. This type of contract is essential in Malta's property market and must comply with the Civil Code of Malta and various property-related legislation. It is typically used prior to the final deed of sale and contains detailed provisions about the property, payment terms, conditions precedent, and obligations of both parties. The document is particularly important in Malta's legal system, where property transactions require notarial involvement and specific registration procedures. It serves both residential and commercial property transactions and must account for local regulations, including those relating to property acquisition by non-residents, planning permissions, and tax obligations. The contract's format and content are influenced by Malta's unique legal requirements, including specific provisions for different types of properties (such as agricultural land or properties in Urban Conservation Areas) and the need for compliance with anti-money laundering regulations for high-value transactions.

What sections should be included in a Contract To Sell (Real Estate)?

1. Parties: Identification and details of the Vendor and Purchaser, including full legal names, ID numbers, and addresses

2. Background: Context of the sale, brief description of the property, and intention of the parties to enter into the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the property including address, boundaries, measurements, and registration details

5. Purchase Price: Agreed purchase price, payment terms, deposit requirements, and payment schedule

6. Completion Date: Specified date for completion of the sale and transfer of property

7. Vendor's Obligations: Obligations of the seller including providing good title, vacant possession, and required documentation

8. Purchaser's Obligations: Obligations of the buyer including payment terms, due diligence responsibilities

9. Conditions Precedent: Conditions that must be fulfilled before the sale can proceed

10. Title and Transfer: Provisions regarding property title, transfer process, and registration requirements

11. Representations and Warranties: Declarations and guarantees made by both parties

12. Expenses and Taxes: Allocation of costs, duties, and taxes between parties

13. Default and Remedies: Consequences of breach and available remedies

14. Notices: How formal communications between parties should be made

15. Governing Law: Confirmation of Maltese law as governing law and jurisdiction

16. Execution: Signature blocks and execution requirements

What sections are optional to include in a Contract To Sell (Real Estate)?

1. Fixtures and Fittings: Detailed list of items included/excluded in the sale, used when specific items need to be clearly identified

2. Planning Permissions: Details of existing permissions or requirements, used for properties with development potential or ongoing works

3. Condominium Provisions: Specific provisions for apartments or shared buildings, including common areas and responsibilities

4. Agricultural Land Provisions: Special provisions required for agricultural land sales

5. Special Designations: Provisions for properties in Urban Conservation Areas or with historical importance

6. Tenant Rights: Provisions regarding existing tenants or leases, if applicable

7. Mortgage Arrangements: Special provisions when the purchase is subject to mortgage financing

8. Non-Resident Provisions: Additional requirements when the purchaser is not a resident of Malta

What schedules should be included in a Contract To Sell (Real Estate)?

1. Property Plans: Official plans and drawings of the property

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

3. Inventory: Detailed inventory of fixtures, fittings, and contents included in the sale

4. Payment Schedule: Detailed breakdown of payment terms and installments

5. Land Registry Documents: Relevant extracts from the Land Registry

6. Energy Performance Certificate: Current EPC for the property

7. Planning Permits: Copies of relevant planning permits and applications

8. Condition Report: Survey or condition report of the property

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 | Serial Founder & Legal AI Author

Relevant legal definitions









































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Relevant Industries

Real Estate

Construction

Property Development

Banking and Finance

Legal Services

Property Management

Architecture and Design

Urban Planning

Property Investment

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Corporate Affairs

Investment

Operations

Risk Management

Business Development

Administrative Support

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Notary Public

Property Developer

Investment Manager

Compliance Officer

Real Estate Investment Advisor

Property Acquisitions Manager

Real Estate Portfolio Manager

Legal Administrator

Corporate Lawyer

Property Valuer

Real Estate Broker

Title Officer

Industries








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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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