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Contract To Buy Land

Contract To Buy Land Template for Ireland

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Key Requirements PROMPT example:

Contract To Buy Land

"I need a Contract to Buy Land for a residential property purchase in Dublin, Ireland, with completion scheduled for March 2025; the property is a vacant plot with planning permission for a single family home."

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Document background
A Contract to Buy Land is a crucial legal document used in Irish property transactions to formalize the agreement between a seller and buyer of real property. This document is essential for any land or property purchase in Ireland, whether for residential, commercial, or agricultural purposes. It must comply with Irish property law, particularly the Land and Conveyancing Law Reform Act 2009 and related legislation. The contract includes detailed information about the property, parties involved, purchase price, completion arrangements, title requirements, and various warranties and conditions. It's typically prepared after initial terms are agreed but before the exchange of contracts, and forms the basis for the subsequent conveyancing process. The document is crucial for ensuring legal certainty and protecting both parties' interests in the transaction.
Suggested Sections

1. Parties: Identification of the vendor and purchaser with full legal names and addresses

2. Background: Context of the sale and brief description of the property being sold

3. Definitions: Definitions of key terms used throughout the contract

4. Property Description: Detailed legal description of the property including folio number and boundaries

5. Purchase Price: The agreed purchase price and payment terms including deposit arrangements

6. Completion: Terms and timing for completion of the sale

7. Title: Vendor's confirmation of good marketable title and requirements for proof of title

8. Vacant Possession: Confirmation of vacant possession on completion, unless otherwise agreed

9. Planning and Development: Warranties regarding planning permissions and compliance

10. Condition of Property: State of the property and any warranties regarding its condition

11. Requisitions on Title: Process for raising and responding to requisitions

12. Default: Consequences of default by either party

13. Notices: How and where notices under the contract should be served

14. Governing Law: Confirmation that Irish law governs the contract

15. Execution: Signature blocks and execution provisions

Optional Sections

1. Seller's Fixtures and Fittings: Details of items included/excluded from sale - used when there are specific items to be listed

2. Existing Tenancies: Details of any tenancies affecting the property - included when property is sold subject to tenancies

3. VAT: VAT provisions - required when the transaction is subject to VAT

4. Environmental Matters: Environmental warranties and indemnities - included for commercial properties or when environmental issues are identified

5. Service Charges: Details of service charges and management company - used for apartments or managed estates

6. Development Potential: Specific provisions regarding development potential - included when development is contemplated

7. Farm Payments: Transfer of farm payment entitlements - included for agricultural land

8. Family Law Declarations: Declarations regarding family law matters - included when property is or was a family home

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property including maps and plans

2. Schedule 2 - Fixtures and Fittings: Comprehensive list of items included and excluded from the sale

3. Schedule 3 - Planning Documentation: List of relevant planning permissions, certificates, and notices

4. Schedule 4 - Title Documents: List of title documents to be handed over on completion

5. Appendix 1 - Property Maps: OS maps and any other relevant plans of the property

6. Appendix 2 - Land Registry Documents: Copies of relevant Land Registry folios and filed plans

7. Appendix 3 - Planning Searches: Results of planning searches and relevant certificates

8. Appendix 4 - BER Certificate: Building Energy Rating certificate and advisory report

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions





































Clauses




























Relevant Industries

Real Estate

Property Development

Agriculture

Commercial Property

Residential Property

Construction

Banking and Finance

Legal Services

Investment

Property Management

Urban Development

Rural Development

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Investment

Commercial

Operations

Development

Finance

Risk Management

Corporate Services

Facilities

Relevant Roles

Real Estate Lawyer

Property Solicitor

Conveyancing Solicitor

Real Estate Agent

Property Developer

Land Surveyor

Property Manager

Investment Manager

Legal Counsel

Compliance Officer

Commercial Director

Property Investment Advisor

Agricultural Consultant

Planning Consultant

Real Estate Investment Manager

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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