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07ENUKTOTXTCCVV

This agreement is dated: [date]

[Private individuals]
The Seller is: [name] of [address]
The Buyer is: [name] of [address]

[For Companies]
The Seller is: [name of a company] a company registered in England and Wales, [address]
The Buyer is: [name] of [address]

It is now agreed as follows:

1. Definitions
The following definitions apply in this agreement:
«Property» means [Property description]

OR

«Option» means the option granted by this agreement.
«Sale» means the sale of the Property by the Seller to the Buyer.

2. Interpretation
This agreement shall be interpreted as [RULES AND REGULATIONS]
2.1. A reference to a person includes a human individual, a corporate entity and any organization [RULES AND REGULATIONS].
2.2. If any party to this agreement comprises more than one person, all obligations of that_______________________________.
2.3. A reference to a paragraph or schedule is to a paragraph or schedule to this agreement unless the context _____________, _________________________________ _____________________________.
2.4. [Except where stated otherwise,]any obligation of any person arising from this ___
_________________________________________.
2.5. This agreement contains the entire agreement between the parties and supersedes all previous agreements whether written or oral, discussion, promises and understandings between the parties. Each party acknowledges that while entering into this _________ _______________________, _____________________________________________.

3. Particulars of transaction
3.1. The Option Price is:£ [1 , 000 ].
3.2. The Deposit is: £ [100,000 ( __________________)].
3.3. The Sale Price is: £ [1,000, 000( ____________ )].
3.4. The Last Exercise Date is: [date].
3.5. The Completion Date is: [eight weeks]___________________________________.
3.6. If the Option is exercised, the Option Price [is / ____ ] ____________________
______________________.

4. Seller’s warranties
The Seller represents and warrants that:
4.1. His title to the Land is registered under __________ [ ___________ ];
OR
4.2. Title to the Land is registered in the __________ [ _____________ ].
4.3. All planning applications and informal discussions with planning officers in relation to the Land or land adjacent to it, during the period ___________________________.
4.4. He knows of no development project in sufficient proximity to the Land as to be likely to reduce the value _________________________ [ _______ ] _____________.
4.5. Here are not now nor have been during the last [three] years any dispute ________
_____________________________________________________________________.
4.6. All of the Seller’s interest in the ________________________, _______________.
4.7. [Add more warranties that will vary from one transaction to another, __________
_____________________________________________________________________].

5. Leases or other occupants
5.1. The Land shall______________________________________________________.
OR
5.2. [The leases / tenancy agreements / _____ /________________________________]
AND
5.3. [All rent is paid to date and that the ______________________________________
_________________________ .]
OR
5.4. Within [4] weeks of the date ___________________________________________
______________________________________.
AND
5.5.If the tenant fails to vacate the Land within the _________ , __________________
_____________________________________________________________________.

6.Taxation
6.1. The Sale will _______________________________________________________
_____________________________________________________________________ .
OR
6.2.The Sale will constitute a supply that is taxable for VAT purposes_____________
_____________________________________________________________________.

7. The agreement
7.1. For the Option Price, and subject to the terms of ___________________________
______________________________________________________________________.
7.2. The Option may be exercised by the Buyer at any time before the Last Exercise Date, _____________________ (“ ________________ ”)________________________ _________________ ) _____________________ .
7.3. The Deposit may be paid by:
7.3.1electronic means to _________________________________________________;
7.3.2tendered by cheque, _________________________________________________
_____________________________;
7.3.3 in cash;
7.3.4by any other transfer whereby the ______________________________________
_______________________________________________;
7.3.5by any other means agreed by the Seller. And such amount is to be held by the __
_____________________________________________________________________ .
7.4. The Option shall expire if ____________ 24 . 00 _________________________.
7.5. Exercise of the Option constitutes a binding contract for Sale between the parties in the terms of the Standard _______________( 3rd______)_________ (“ _______ ”),__
_____________________________________________________________________.
OR
7.6. The sale of the Landshall _________________________________________
________________________________ .
7.7. Completion of the Sale and purchase shall take place on the Completion Date, ___ , [ ______________________ ] ____ [ _________ ]_____________________________.
7.8. The Seller__________________________________.
7.9. The Seller agrees to transfer the Land to any person ________________________
________________________________________________.

8. Easements, rights and reservations
8.1. Inthis paragraph, land which has the benefit of ________ “ _____ ”_____________“ _______ ”.
8.2. The Land is sold subject to all __________________________________________
_______________________________________________ .
8.3. The Land is sold with the benefit of such rights over _______________________ ,
______________________________________________________________________.
8.4. The transfer of the Land ______________________________________________ .
8.5. If, within five years of the Last Exercise Date, either party wishes to____________
______________________________________________________________________.
8.6. The compensation shall be twice ________________________________________
_____________________________________________________________________ .
8.7. If any such change is made, the _________________________________________
______________________________________________________________________.

9.Insurance
9.1. The Seller shall do everything required to maintain and ______________________
______________________________________________________________________.
9.2. The Seller is not______________________________________________________
______________________________________________________________________.
9.3.For the avoidance of __________________________________________________

10.Assignment of the agreement
The Buyer shall be entitled to__________________________________________________________.

11.Miscellaneous matters
11.1. No amendment or variation to this agreement _______________________ ,_____
_____________________________________________________________________.
11.2. If any term or provision of this agreement is at any time held by any jurisdiction to bevoid, invalid or unenforceable, then it shall be treated _________________________
______________________________________________________________________.
11.3. The parties acknowledge and agree that this ______________________________
______________________________________________________________________.
11.4. So far as any time, _________________________________________________
_____________________________________________________________________.
11.5.The rights and obligations of the _______________________________________
_____________________________________________________________________.
11.6. Any obligation in this agreement ______________________________________ .
11.7. No failure or delay by any party to exercise any right, ______________________
_____________________________________________________________________.
11.8. The parties agree that ________________________________________________
_____________________________________________________________________ .
11.9. Any communication to be served on either of the parties ____________________. It shall be deemed to have been delivered:if delivered __________________________
_____________________________________________________________________.

Signed by the parties
Signed by [personal name] on behalf of[name of Seller] as its / his representative who personally accepts liability for the proper authorization by [name of Seller] to enter into this agreement.
Signed by [personal name] on behalf of [name of Buyer] as its / his representative ewho personally accepts liability for the proper authorization by [name of Buyer] to enter into this agreement.
OR
Signed by [Seller personal name]
Signed by [Buyer personal name]

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