The Simple Real Estate Sales Contract is designed for straightforward property transactions in England and Wales where parties seek a clear, uncomplicated agreement for the sale and purchase of real estate. This contract type is particularly suitable for residential property sales where there are no unusual complications or special conditions. It incorporates all essential elements required by English and Welsh law, including property description, price, completion terms, and title guarantees. The document ensures compliance with the Law of Property Act 1925 and related legislation while maintaining simplicity and clarity for all parties involved.
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1. Parties: Identification and details of seller and buyer
2. Background: Context of the sale and property overview
3. Definitions: Key terms used throughout the contract
4. Property Description: Detailed description of the property being sold
5. Purchase Price: Amount and payment terms
6. Completion Date: Date for completion of the sale
7. Title Guarantee: Seller's confirmation of ownership rights
8. Vacant Possession: Conditions of property transfer
1. Fixtures and Fittings: Details of items included/excluded in sale - use when specific items need to be listed
2. Planning Permissions: Details of existing permissions - use when property has specific planning conditions
3. Environmental Matters: Environmental considerations or restrictions - use when environmental issues are present
4. Tenancies: Details of existing tenancies - use when property is sold with tenants in situ
1. Property Plan: Official plan showing property boundaries
2. Title Documents: Copies of relevant title documents
3. Fixtures and Fittings List: Detailed inventory of included/excluded items
4. Property Information Form: Standard form providing property details
5. Energy Performance Certificate: Mandatory energy efficiency information
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