An Agreement To Sell A House is a fundamental legal document used in England and Wales when transferring residential property ownership. It's required whenever a property sale occurs and must comply with the Law of Property Act 1925 and the Law of Property (Miscellaneous Provisions) Act 1989. The agreement captures essential details including property description, purchase price, completion dates, and any conditions precedent. It forms the basis for the conveyancing process and protects both parties' interests by clearly documenting their obligations and rights in the transaction.
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Key Requirements PROMPT example:
Agreement To Sell A House
"I need an Agreement To Sell A House for my three-bedroom property in Manchester, with completion scheduled for March 2025, including specific provisions for the retention of solar panels and a clause about the ongoing boundary dispute with the neighboring property."
1. Parties: Details of seller and buyer, including full names and addresses
2. Background: Context of the sale and brief property description
3. Definitions: Key terms used throughout the agreement
4. Property Details: Full legal description of the property being sold
5. Purchase Price: Agreed price and payment terms
6. Completion Date: Agreed date for completion of sale
7. Title Guarantee: Seller's confirmation of title ownership
8. Vacant Possession: Conditions of property transfer
1. Fixtures and Fittings: Detailed list of items included/excluded from sale when specific items need to be clearly identified
2. Dependent Sale: Conditions relating to buyer's property sale when purchase is dependent on buyer selling their property
3. Mortgage Clause: Conditions relating to buyer's mortgage when purchase is subject to mortgage approval
1. Schedule 1: Property Description: Detailed property description including boundaries and rights
2. Schedule 2: Fixtures and Fittings: Comprehensive list of included/excluded items
3. Appendix A: Property Plans: Official property plans and boundaries
4. Appendix B: Title Documents: Copies of relevant title documents
5. Appendix C: Energy Performance Certificate: Current EPC for the property
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