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1. Parties: Details of the parties exchanging land, including full legal names and addresses
2. Background: Context of the exchange, including property descriptions and reasons for exchange
3. Definitions: Key terms used throughout the agreement
4. Property Details: Detailed description of properties being exchanged, including lot numbers and boundaries
5. Exchange Terms: Core terms of the exchange, including any monetary consideration
6. Completion: Timeline and process for completing the exchange
7. Representations and Warranties: Standard warranties about title, condition, and authority to exchange
1. Valuation Provisions: Required when there is a difference in value between properties requiring additional consideration
2. Environmental Provisions: Addresses environmental concerns and responsibilities when properties have potential environmental issues
3. Development Conditions: Specific conditions relating to future development when future development plans affect the exchange
1. Property Plans: Detailed plans showing boundaries and dimensions of properties
2. Title Documents: Copies of existing title documents
3. Valuation Reports: Independent valuations of properties being exchanged
4. Environmental Reports: Environmental assessment reports if required
5. Planning Permissions: Relevant planning permissions and restrictions
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