Agreement Of Purchase And Sale for Malta
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Agreement Of Purchase And Sale
"I need an Agreement of Purchase and Sale for a commercial property transaction in Malta between my company (TechCore Solutions Ltd) and Riverside Properties Ltd, with completion scheduled for March 15, 2025, including specific provisions for existing tenant arrangements and planning permissions."
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1. Parties: Identification and details of the Vendor and Purchaser, including registration numbers for companies or ID numbers for individuals
2. Background: Context of the sale and brief description of what is being sold and why
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including description of the item(s) being sold and purchased
5. Purchase Price: The amount to be paid and payment terms, including VAT treatment
6. Completion: Details of when and how the sale will be completed, including delivery terms
7. Vendor's Warranties: Warranties given by the vendor regarding the sale item(s)
8. Purchaser's Warranties: Warranties given by the purchaser, including capacity to enter into the agreement
9. Title and Risk: When title passes and who bears risk at different stages
10. Confidentiality: Obligations regarding confidential information
11. Notices: How formal notices under the agreement should be given
12. Governing Law and Jurisdiction: Confirmation of Maltese law as governing law and jurisdiction for disputes
13. Execution: Signature blocks and execution formalities
1. Conditions Precedent: Used when completion is subject to certain conditions being met first
2. Due Diligence: Include when the purchaser needs to conduct investigations before completion
3. Property Specific Provisions: Required when the sale involves real estate, including specific property warranties
4. Intellectual Property: Include when the sale involves IP rights or licenses
5. Employee Matters: Required when the sale includes transfer of employees
6. Tax Indemnities: Include for complex transactions with specific tax implications
7. Post-Completion Obligations: Used when parties have ongoing obligations after completion
8. Competition Compliance: Include for business sales that might have competition law implications
9. Force Majeure: Optional clause protecting parties from unforeseen circumstances
10. Assignment: Include when parties might need to transfer their rights under the agreement
1. Schedule 1 - Description of Sale Items: Detailed description of what is being sold
2. Schedule 2 - Purchase Price Calculation: Breakdown of the purchase price and payment terms
3. Schedule 3 - Completion Requirements: List of documents and actions required at completion
4. Schedule 4 - Form of Transfer Documents: Templates for any transfer documents required
5. Schedule 5 - Vendor Warranties: Detailed warranties given by the vendor
6. Schedule 6 - Encumbrances: List of any existing encumbrances on the sale items
7. Appendix A - Property Plans: For property sales, plans and drawings of the property
8. Appendix B - Inventory: For sales involving multiple items, detailed inventory list
Authors
Real Estate
Retail
Manufacturing
Technology
Financial Services
Professional Services
Construction
Healthcare
Hospitality
Energy
Telecommunications
Maritime
Aviation
Legal
Finance
Procurement
Commercial
Compliance
Risk Management
Corporate Secretariat
Business Development
Operations
Sales
Property Management
Executive Leadership
Legal Counsel
Commercial Director
Chief Financial Officer
Chief Executive Officer
Property Manager
Procurement Manager
Contract Manager
Business Development Manager
Risk Manager
Compliance Officer
Corporate Secretary
Finance Director
Operations Director
Real Estate Manager
Sales Director
Managing Director
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