51Ƶ

Offer To Purchase And Sale Agreement Template for Australia

An Australian legal document that formalizes the offer to purchase and subsequent sale of real property, combining both the initial offer and the final sale agreement into a single binding document. This agreement operates under Australian property law and state-specific regulations, detailing the terms and conditions of the property transfer, including purchase price, settlement conditions, warranties, and specific requirements under Australian consumer protection laws. The document serves as both the initial offer mechanism and, upon acceptance, the binding contract of sale, streamlining the property transaction process while ensuring compliance with Australian legal requirements.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Offer To Purchase And Sale Agreement?

The Offer To Purchase And Sale Agreement is a fundamental document in Australian property transactions, used when a potential buyer wishes to formalize their intention to purchase real property and establish the terms of the sale. This document is particularly relevant in both residential and commercial property transactions across all Australian states and territories, though specific requirements may vary by jurisdiction. It encompasses essential elements such as property details, purchase price, settlement terms, conditions precedent, and statutory warranties. The agreement serves a dual purpose: initially as a formal offer to purchase and, upon acceptance, as the binding contract of sale. It must comply with state-specific property laws, the Australian Consumer Law, and relevant property transfer regulations. This type of agreement is commonly used in arm's length transactions and can be adapted for various property types, from residential homes to commercial properties.

What sections should be included in a Offer To Purchase And Sale Agreement?

1. Parties: Identifies and provides full details of the Vendor (Seller) and Purchaser (Buyer)

2. Background: Outlines the context of the sale, including brief property description and intention to sell/purchase

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules for interpretation

4. Property Details: Comprehensive description of the property including lot number, title details, and included fixtures/fittings

5. Purchase Price: States the agreed purchase price, deposit amount, and payment terms

6. Deposit: Specifies deposit amount, payment timing, and holding arrangements

7. Settlement: Details of settlement date, time, location, and requirements

8. Title and Transfer: Provisions regarding transfer of title and associated requirements

9. Vendor Warranties: Warranties provided by the vendor regarding the property's condition and title

10. Purchaser Warranties: Warranties provided by the purchaser regarding capacity to purchase and finance

11. Conditions Precedent: Any conditions that must be satisfied before the agreement becomes unconditional

12. Risk and Insurance: Allocation of risk and insurance requirements until settlement

13. Default and Termination: Consequences of default and circumstances allowing termination

14. Notices: Requirements for giving notices under the agreement

15. General Provisions: Standard legal provisions including governing law, entire agreement, and variation

What sections are optional to include in a Offer To Purchase And Sale Agreement?

1. Existing Tenancies: Required when the property is sold subject to existing tenancies, detailing tenant rights and obligations

2. Finance Condition: Include when purchase is subject to the purchaser obtaining finance approval

3. Building and Pest Inspection: Include when purchase is subject to satisfactory building and pest inspections

4. Swimming Pool Compliance: Required when property includes a swimming pool, detailing compliance requirements

5. GST Provisions: Required for commercial properties or new residential premises subject to GST

6. Foreign Investment Approval: Required when purchaser is a foreign person requiring FIRB approval

7. Special Conditions: Any additional conditions specific to the particular transaction

8. Development Approval: Required when property is sold subject to development approval

9. Body Corporate Provisions: Required for strata-titled properties

What schedules should be included in a Offer To Purchase And Sale Agreement?

1. Property Schedule: Detailed description of land, improvements, and included chattels

2. Included Fixtures and Fittings: Itemized list of all fixtures and fittings included in the sale

3. Excluded Items: List of items specifically excluded from the sale

4. Disclosure Statement: Required statutory disclosures about the property

5. Title Search: Current title search showing encumbrances and restrictions

6. Tenancy Details: Details of any existing tenancies including lease terms

7. Special Conditions: Detailed special conditions applicable to the sale

8. Property Certificate: Local authority property information certificate

9. Building Approvals: Copies of relevant building approvals and certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Australia

Publisher

Genie AI

Cost

Free to use

Find the exact document you need

Private Home Purchase Agreement

An Australian law-governed agreement for the sale and purchase of residential property between private parties, detailing all essential terms and conditions of the transaction.

Download

Land Selling Agreement Form

An Australian legal document establishing terms and conditions for real property sales, compliant with state and federal property laws.

Download

Realty Purchase Agreement

An Australian law-governed agreement documenting the legal transfer of real property from seller to buyer, including all essential terms and conditions of sale.

Download

Boat Purchase And Sale Agreement

An Australian law-governed agreement for the purchase and sale of marine vessels, ensuring compliant transfer of vessel ownership and protecting both parties' interests.

Download

Assignment Of Purchase And Sale Agreement Form

An Australian legal document that transfers a purchaser's rights and obligations under an existing property purchase agreement to a new buyer.

Download

Apartment Sale And Purchase Contract

An Australian law-governed contract for the sale and purchase of apartment properties, incorporating essential terms, conditions, and statutory requirements for strata title transfers.

Download

Buy Sell Contract Car

An Australian-compliant contract for the sale and purchase of motor vehicles, covering all essential transaction elements and jurisdictional requirements.

Download

Promissory Sale And Purchase Agreement

An Australian law-governed agreement documenting a sale transaction with promised future payments, including payment terms, security arrangements, and completion requirements.

Download

Conditional Purchase Agreement

An Australian law-governed agreement for property purchase subject to specific conditions, detailing terms between purchaser and vendor.

Download

Agreement For Sale Of Flat

An Australian legal contract for the sale and purchase of a flat/apartment, detailing terms, conditions, and obligations of both parties under Australian property law.

Download

Sell Agreement Form

An Australian-compliant agreement that documents the terms and conditions for the sale of goods or assets between parties, ensuring legal protection for both seller and buyer.

Download

Purchase And Sale Agreement For Wholesalers

An Australian law-governed agreement establishing terms and conditions for wholesale trading relationships between suppliers and business customers.

Download

Crude Oil Purchase Agreement

An Australian law-governed agreement for the sale and purchase of crude oil, covering commercial terms, specifications, and regulatory requirements.

Download

Contract To Buy And Sell

An Australian law-governed agreement that documents the terms and conditions for the sale and purchase of goods, property, or assets between parties.

Download

Buy Sell Agreement For Small Business

An Australian law-governed agreement for the sale and purchase of a small business, detailing transaction terms, assets transfer, and parties' obligations.

Download

Agreement To Sell Personal Property

An Australian law-governed agreement for the sale and transfer of personal property, ensuring legal compliance and protection for both seller and buyer.

Download

Simple Contract For Buying A House From Owner

An Australian law-compliant contract template for direct residential property sales between private owners and buyers.

Download

Contract For Selling A House Privately

An Australian legal contract for the private sale of residential property between vendor and purchaser, without real estate agent involvement.

Download

Residential Resale Condominium Property Purchase Contract

Australian legal contract for the sale and purchase of existing residential strata-titled properties, incorporating state-specific property laws and strata requirements.

Download

House Buying Agreement

An Australian legal agreement governing the sale and purchase of residential property, outlining terms, conditions, and obligations under Australian property law.

Download

Real Estate Intent To Purchase Form

An Australian legal document expressing a potential buyer's formal interest in purchasing a specific property and outlining proposed purchase terms.

Download

Formal Agreement For Sale And Purchase

An Australian law-governed agreement that documents and legally binds the terms and conditions for the sale and purchase of real property.

Download

Contract To Sell Condo

An Australian law-compliant agreement for the sale and purchase of a condominium unit, detailing terms, conditions, and strata requirements.

Download

Principal Sale And Purchase Agreement

An Australian law-governed agreement documenting the terms and conditions for the sale and purchase of a business, assets, or shares, including price, warranties, and completion mechanisms.

Download

Asset Purchase Agreement Goodwill

An Australian law-compliant agreement for the sale and purchase of business goodwill and associated intangible assets.

Download

Agency Agreement For Sale Of Residential Property

An Australian residential property sale agency agreement establishing the legal relationship between property owner and real estate agent, outlining sales authorization and terms.

Download

Purchase Agreement For Camper

An Australian law-governed agreement for the sale and purchase of a camper vehicle, including ownership transfer and warranty terms.

Download

Offer To Purchase And Sale Agreement

An Australian legal document that combines the property purchase offer and sale agreement into a single binding contract, compliant with Australian property law and regulations.

Download

Entity Buy Sell Agreement

An Australian legal agreement governing the transfer of business ownership interests between entity owners upon specified trigger events.

Download

Intent To Sell Agreement

An Australian legal document that formalizes a property owner's intention to sell to a specific buyer, setting out key terms and conditions for proceeding to a formal sale contract.

Download

As Is Home Purchase Agreement

An Australian legal agreement for the purchase of residential property in its current condition ('as is'), without seller warranties or guarantees.

Download

Agreement For Purchase Of Flat With Builder

An Australian legal agreement between builder/developer and purchaser for the sale and construction of a residential flat, incorporating building regulations and consumer protection requirements.

Download

Home Sale Agreement

An Australian legal agreement documenting the terms and conditions for the sale and purchase of residential property, compliant with state and federal property laws.

Download

Agreement To Sell Contract

An Australian law-governed contract that formalizes the sale of goods, assets, or property between parties, outlining terms, conditions, and obligations of the sale transaction.

Download

Addendum To Purchase Contract

An Australian-compliant legal document that modifies an existing purchase contract while maintaining the validity of unchanged terms.

Download

Offer Of Purchase And Sale

An Australian legal document that formalizes property purchase terms and conditions between vendor and purchaser, compliant with federal and state property laws.

Download

Commercial Purchase And Sale Agreement

An Australian law-governed agreement setting out terms and conditions for commercial sale and purchase of goods, assets, or businesses.

Download

Purchase Agreement For Land

An Australian legal agreement documenting the terms and conditions for the sale and purchase of real property, compliant with state-specific property laws.

Download

Contract For Sale Of Business Assets

An Australian legal agreement governing the sale and purchase of business assets, outlining terms, conditions, and transfer arrangements under Australian law.

Download

Provisional Agreement For Sale And Purchase

An Australian preliminary property sale agreement that establishes initial terms and conditions while allowing for due diligence and condition satisfaction before final contract.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it