For Sale By Owner Home Purchase Contract for Malta
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For Sale By Owner Home Purchase Contract
"I need a For Sale By Owner Home Purchase Contract for my three-bedroom house in Sliema, Malta, with completion planned for March 2025 and a purchase price of 鈧450,000, including all standard warranties and vacant possession requirements."
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1. Parties: Identification of the Seller and Buyer with full legal names, ID numbers, addresses, and marital status as required under Maltese law
2. Background: Brief context of the sale, including property ownership history and intention to transfer
3. Definitions: Key terms used throughout the agreement, including specific Maltese legal terminology
4. Property Description: Detailed description of the property including address, boundaries, measurements, and registration details from the Land Registry
5. Purchase Price: Total purchase price, payment structure, and deposit requirements
6. Payment Terms: Detailed payment schedule, method of payment, and consequences of default
7. Due Diligence: Seller's warranties regarding the property's legal status and Buyer's right to conduct searches
8. Conditions Precedent: Conditions that must be met before completion, including obtaining necessary permits
9. Completion: Details of the final transfer process, including notarial deed requirements
10. Seller's Obligations: Commitments and warranties from the seller, including property maintenance until completion
11. Buyer's Obligations: Responsibilities of the buyer, including payment and documentation requirements
12. Property Transfer Process: Steps for executing the transfer through a Notary Public as required by Maltese law
13. Taxes and Costs: Allocation of stamp duty, notarial fees, and other transfer-related costs
14. Default and Remedies: Consequences and remedies in case of breach by either party
15. Governing Law: Confirmation of Maltese law governance and jurisdiction
1. AIP Permit Requirements: Required when the buyer is a non-resident, detailing the process and conditions for obtaining an AIP permit
2. Mortgage Contingency: Included when the purchase is contingent on the buyer obtaining mortgage financing
3. Vacant Possession: Required when the property is currently occupied and timing of vacancy needs to be specified
4. Property Management: Included for properties within managed complexes or blocks, detailing ongoing management obligations
5. Fixtures and Fittings: Detailed list of items included/excluded in the sale when specific items need to be addressed
6. Special Conditions: Any unique requirements or conditions specific to the property or transaction
7. Environmental Matters: Required when there are specific environmental considerations or requirements
1. Property Details Schedule: Comprehensive property details including plans, boundaries, and measurements
2. Inventory Schedule: Detailed list of fixtures, fittings, and furniture included in the sale
3. Payment Schedule: Breakdown of payment installments and timing
4. Energy Performance Certificate: Mandatory EPC documentation as required by Maltese law
5. Land Registry Documentation: Copies of relevant land registry extracts and plans
6. Permits and Certificates: Copies of relevant building permits, compliance certificates, and other authorizations
7. Condominium Rules: If applicable, rules and regulations for properties in managed complexes
Authors
Real Estate
Legal Services
Banking & Finance
Property Development
Construction
Property Management
Insurance
Public Administration
Notarial Services
Legal
Real Estate
Property Management
Compliance
Risk Management
Finance
Operations
Administrative Support
Customer Service
Document Control
Property Owner
Home Buyer
Notary Public
Legal Counsel
Property Valuer
Mortgage Advisor
Bank Manager
Property Manager
Compliance Officer
Legal Administrator
Property Developer
Construction Manager
Insurance Underwriter
Land Registry Officer
Energy Assessor
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