tiktok���˰�

The Real Estate Sales Contract Form is a crucial legal document used in Malta for property transactions between vendors and purchasers. It serves as the definitive agreement following the preliminary promise of sale agreement (konvenju) and must comply with Chapter 16 of the Civil Code of Malta and related legislation. This document is essential for any property sale in Malta, whether residential or commercial, and must be executed in the presence of a Notary Public. The contract includes comprehensive details about the property, parties involved, purchase price, payment terms, warranties, and tax obligations. It also addresses specific Maltese legal requirements such as duty on documents, energy performance certificates, and land registry requirements. The document is designed to protect both parties' interests while ensuring compliance with all relevant Maltese and EU regulations governing property transactions.

1. Parties: Identification of the Vendor and Purchaser with full legal names, identification numbers, addresses, and marital status as required by Maltese law

2. Background: Context of the sale, including reference to any promise of sale agreement (konvenju) and its date

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price', and other relevant terms

4. Property Description: Detailed description of the property including address, boundaries, measurements, and reference to land registry details as per Maltese requirements

5. Sale and Purchase: Core agreement for the sale and purchase, including the transfer of title and possession

6. Purchase Price: Statement of the purchase price, payment terms, deposit arrangements, 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 permissions, and other legal requirements

9. Tax and Duty Obligations: Specification of responsibility for stamp duty, capital gains tax, and other applicable taxes

10. Costs and Expenses: Allocation of notarial fees, registration costs, and other transaction expenses

11. Notices: Process and addresses for serving formal notices between parties

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