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1. Parties: Identifies and provides full details of the Seller/Financier and the Buyer/Borrower
2. Background: Sets out the context of the agreement, including the property sale and financing arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Property Details: Comprehensive description of the property being sold, including legal description and any encumbrances
5. Purchase Price and Payment Terms: Specifies the total purchase price, down payment, loan amount, interest rate, and payment schedule
6. Security Arrangements: Details of the mortgage or charge over the property securing the loan
7. Covenants of the Buyer: Buyer's obligations including property maintenance, insurance, taxes, and use restrictions
8. Covenants of the Seller: Seller's obligations including title warranties and property transfer commitments
9. Default and Remedies: Consequences of default and available remedies for both parties
10. Insurance Requirements: Specific insurance obligations and requirements for the property
11. Transfer of Title: Conditions and process for the eventual transfer of title upon full payment
12. Notices: How formal communications between parties should be made
13. Governing Law: Confirms Irish law governs the agreement and jurisdiction for disputes
1. Early Repayment Provisions: Include when allowing early loan repayment, specifying any penalties or conditions
2. Property Management: Include for commercial properties or when specific management requirements exist
3. Assignment and Transfer: Include when either party may need to transfer their rights under the agreement
4. Planning Permissions: Include when the property requires specific planning permissions or has development potential
5. Environmental Provisions: Include for properties with environmental concerns or requirements
6. Tenant Provisions: Include when the property is currently tenanted or may be leased
7. Tax Provisions: Include when specific tax arrangements or implications need to be addressed
1. Schedule 1 - Property Description: Detailed legal description of the property, including maps and plans
2. Schedule 2 - Payment Schedule: Detailed amortization schedule showing payment dates, amounts, and interest calculations
3. Schedule 3 - Property Inventory: List of any fixtures, fittings, or contents included in the sale
4. Schedule 4 - Insurance Requirements: Detailed specifications of required insurance coverage
5. Schedule 5 - Property Title Documents: List of all relevant title documents and encumbrances
6. Appendix A - Form of Transfer: Template for the eventual transfer of title document
7. Appendix B - Notice Forms: Standard forms for various notices under the agreement
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