The Plot Sale Agreement Form is a crucial document in English and Welsh property transactions involving undeveloped land. It is used when selling or purchasing plots of land, whether for residential development, commercial use, or agricultural purposes. The agreement includes essential details such as property description, purchase price, completion date, and any conditions or restrictions affecting the land. It must comply with the Law of Property Act 1925 and other relevant legislation, ensuring all necessary legal requirements are met for a valid land transfer.
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1. Parties: Details of seller and buyer, including full legal names and addresses
2. Background: Context of the sale and brief description of the plot
3. Definitions: Key terms used throughout the agreement
4. Sale Agreement: Core terms of sale including price and payment terms
5. Property Description: Detailed description of the plot including boundaries and rights
6. Title Guarantee: Seller's covenant regarding title
7. Completion: Completion date and requirements
1. Planning Conditions: Used when plot requires specific planning permissions - covers planning requirements or restrictions
2. Environmental Provisions: Used when environmental issues are relevant - covers environmental obligations and warranties
3. Service Infrastructure: Used when services need to be installed or connected - covers rights and obligations regarding utilities
1. Plan: Official plan showing plot boundaries and location
2. Title Documents: Copies of relevant title documents
3. Planning Permissions: Copies of relevant planning permissions
4. Rights and Reservations: Details of rights granted and reserved
5. Restrictive Covenants: List of restrictions on use of the plot
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