Sale Agreement (Property)
This document is template sale agreement for the sale and purchase of property in Cyprus governed by Cyprus law. It is ideally most suitable for land and for completed properties not under development. Its provisions duly allow for the existence of a mortgage on the subject matter property to be simultaneously released upon completion of the transaction. It is made in English.
The contents of this sale agreement are indicatively as follows:- INTERPRETATION..
- AGREEMENT FOR SALE.
- PURCHASE PRICE & PAYMENT.
- CHARGES OVER THE PROPERTY..
- COMPLETION..
- WARRANTIES AND REPRESENTATIONS OF THE SELLER..
- INDEMNITY.
- DUES.
- FREEDOM TO SELL.
- TRANSFER FEES
- SPECIFIC PERFORMANCE.
- STAMP DUTY..
- GOVERNING LAW & DISPUTES.
- SEVERABILITY CLAUSE.
- ENTIRE AGREEMENT.
- BREACH OR DEFAULT.
- NOTICES
- COPIES OF AGREEMENT
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