Property Purchase Contract for Malta
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Property Purchase Contract
"I need a Property Purchase Contract under Maltese law for a luxury villa in Gozo, with specific provisions for a non-resident buyer and including clauses for the existing high-end furniture package and swimming pool maintenance."
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
1. Parties: Identification of the Vendor and Purchaser, including full legal names, ID/passport numbers, and residential addresses
2. Background: Brief context of the transaction, including property identification and parties' intention to sell/purchase
3. Definitions: Key terms used throughout the contract, including 'Property', 'Completion Date', 'Purchase Price', etc.
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: Terms and timing of the final transfer, including notarial deed requirements and completion date
7. Vendor's Warranties: Warranties regarding property ownership, absence of encumbrances, planning permits, etc.
8. Purchaser's Obligations: Responsibilities of the purchaser, including payment obligations and due diligence requirements
9. Conditions Precedent: Conditions that must be satisfied before completion, including permits and searches
10. Notarial Deed: Requirements for the final deed of sale and appointment of notary
11. Costs and Taxes: Allocation of costs, including notarial fees, stamp duty, and registration fees
12. Governing Law: Confirmation of Maltese law as governing law and jurisdiction
13. Signatures: Execution blocks for all parties and witnesses
1. AIP Permit: Required when purchaser is a non-resident requiring Acquisition of Immovable Property permit
2. Special Designations: Required when property is in a Special Designated Area or subject to specific regulations
3. Fixtures and Fittings: Detailed list of items included/excluded in the sale, used for furnished properties
4. Development Conditions: Used when property is under construction or requires development
5. Ground Rent: Required when property is subject to ground rent (census)
6. Bank Finance: Included when purchase is subject to bank financing approval
7. Rental Situations: Required when property is subject to existing tenancies
8. Energy Performance: Required when EPC certificate details need to be incorporated
1. Property Plans: Official architectural plans and site plans of the property
2. Land Registry Documents: Official documentation from Land Registry proving ownership
3. Inventory: Detailed list of furniture and fittings included in sale (if applicable)
4. Planning Permits: Copies of relevant MEPA permits and compliance certificates
5. Energy Performance Certificate: Copy of the property's EPC
6. Title Documentation: Historical title documents and searches
7. Payment Schedule: Detailed breakdown of payment terms and installments
8. Condition Report: Survey or condition report of the property
Authors
Real Estate
Property Development
Banking & Finance
Legal Services
Construction
Property Management
Architecture & Planning
Insurance
Legal
Real Estate
Compliance
Property Management
Sales
Finance
Risk Management
Business Development
Real Estate Agent
Property Lawyer
Notary Public
Property Developer
Real Estate Manager
Compliance Officer
Legal Counsel
Property Valuer
Mortgage Advisor
Real Estate Investment Manager
Property Portfolio Manager
Conveyancing Assistant
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