Property Sales Agreement for Malta
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Property Sales Agreement
"I need a Property Sales Agreement under Maltese law for a residential apartment sale in Sliema, with completion scheduled for March 2025, including provisions for the existing tenant to vacate the property one month before completion."
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1. Parties: Identification and details of the Vendor and Purchaser, including full legal names, ID numbers, addresses, and marital status as required under Maltese law
2. Background: Context of the sale, including brief property history and any relevant preliminary agreements (konvenju)
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price', etc.
4. Sale and Purchase: Core terms of the property transfer, including clear description of what is being sold and the agreed purchase price
5. Property Description: Detailed description of the property including boundaries, measurements, and included fixtures and fittings
6. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, payment schedule, and method of payment
7. Completion: Details of the completion process, timing, and requirements for the final deed (kuntratt)
8. Vendor's Warranties: Warranties regarding property ownership, absence of encumbrances, planning permits, and other legal requirements
9. Purchaser's Warranties: Warranties regarding capacity to purchase and source of funds
10. Property Condition: Statement on the condition in which the property is being sold and any known defects
11. Taxes and Expenses: Allocation of responsibility for various taxes, notarial fees, and other expenses
12. Notices: Process and requirements for serving notices between parties
13. Governing Law and Jurisdiction: Confirmation of Maltese law as governing law and jurisdiction
1. Mortgage Arrangements: Include when the purchase is being financed through a mortgage, detailing the arrangements and bank's requirements
2. Special Conditions: Include when there are specific conditions that must be met before completion
3. Property Management: Include for properties in multi-unit developments with shared facilities or management companies
4. Rental Situation: Include if the property is currently tenanted or subject to any lease agreements
5. Planning Permissions: Include if there are ongoing planning applications or recent developments requiring detailed disclosure
6. Protected Property Provisions: Include if the property is listed or in a protected area with special requirements
7. Agricultural Land Provisions: Include if the property includes agricultural land subject to special regulations
8. Development Restrictions: Include if there are specific development restrictions or rights that need to be detailed
1. Property Details: Comprehensive technical description of the property, including plans, measurements, and boundaries
2. Included Contents: Inventory of any furniture, fixtures, and fittings included in the sale
3. Title Documentation: List of all relevant title documents and their location
4. Energy Performance Certificate: Copy or details of the mandatory Energy Performance Certificate
5. Planning Permits: Copies of relevant MEPA permits and compliance certificates
6. Search Results: Results of searches conducted in the Public Registry and Land Registry
7. Payment Schedule: Detailed breakdown of payment terms and installments if applicable
8. Property Photographs: Documentary photographs of the property's current condition
Authors
Real Estate
Legal Services
Banking and Finance
Construction
Property Development
Property Management
Notarial Services
Property Investment
Urban Planning
Architecture
Legal
Real Estate
Compliance
Property Management
Operations
Finance
Risk Management
Administrative Support
Business Development
Document Management
Real Estate Lawyer
Property Manager
Real Estate Agent
Notary Public
Legal Counsel
Property Developer
Compliance Officer
Real Estate Investment Manager
Property Valuation Specialist
Real Estate Transaction Coordinator
Legal Document Specialist
Property Portfolio Manager
Real Estate Operations Manager
Title Insurance Officer
Real Estate Finance Manager
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