Sale of Land: Special Conditions of Sale optional clause bank
| Author(s) : | Pallavicini, S P |
|---|---|
| Short Description : | This is a collection of thirteen optional special condition clauses for use in a contract for the sale of land |
| Publisher : | Digital |
| Format : | Word document deliver by email |
| ISBN : | 0000691771 |
| Published : | January, 2011 |
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This is a collection of thirteen optional special condition clauses for use in a contract for the sale of land. The optional clauses include:
• Subject to finance - short form: This is a simple version of a clause relating to subject to finance provisions
• Subject to finance - longer form: This is a longer version of a clause relating to subject to finance provisions
• Subject to sale of purchaser's property: This clause makes the sale of land conditional upon the sale of the purchaser's property
• No compensation for errors in description: This is a simple clause precluding any compensation where errors are made in the description of the property
• No warranty in respect of use: This clause has the effect of excluding any warranties relating to the use to which the land may be put
• No warranty in respect of suitability for development: This clause has the effect of excluding any warranties relating to the suitability of the property for development
• Vendor to carry out work prior to completion: This clause requires the vendor to carry out certain work prior to completion
• Shifting easement: This clause creates an easement for electricity
• Development consent, building consent and drawings annexed to contract: This clause has the effect of annexing development consent, building consent and drawings to the contract
• Completion conditional upon development consent: This clause makes the contract conditional upon the vendor obtaining council approval to a development application
• Apportionment of rents and outgoings to date for completion: This clause deals with the apportionment of rents and outgoings to date for completion
• Sale subject to existing tenancies: This clause makes the sale subject to existing tenancies
• Completion by certain date, with provision for notice to complete and payment of interest: This clause provides that completion will take place by a certain date and provides for notice to complete and pay
• Subject to finance - short form: This is a simple version of a clause relating to subject to finance provisions
• Subject to finance - longer form: This is a longer version of a clause relating to subject to finance provisions
• Subject to sale of purchaser's property: This clause makes the sale of land conditional upon the sale of the purchaser's property
• No compensation for errors in description: This is a simple clause precluding any compensation where errors are made in the description of the property
• No warranty in respect of use: This clause has the effect of excluding any warranties relating to the use to which the land may be put
• No warranty in respect of suitability for development: This clause has the effect of excluding any warranties relating to the suitability of the property for development
• Vendor to carry out work prior to completion: This clause requires the vendor to carry out certain work prior to completion
• Shifting easement: This clause creates an easement for electricity
• Development consent, building consent and drawings annexed to contract: This clause has the effect of annexing development consent, building consent and drawings to the contract
• Completion conditional upon development consent: This clause makes the contract conditional upon the vendor obtaining council approval to a development application
• Apportionment of rents and outgoings to date for completion: This clause deals with the apportionment of rents and outgoings to date for completion
• Sale subject to existing tenancies: This clause makes the sale subject to existing tenancies
• Completion by certain date, with provision for notice to complete and payment of interest: This clause provides that completion will take place by a certain date and provides for notice to complete and pay
Current updating authors:
· Steven Phillip Pallavicini BA(Hons), BEc, LLM; Accredited Poperty Specialist; Senior Legal Counsel, Stockland Trust Group
Previous contributors:
· Dennis Raymond Bluth, BA, LLM, Partner, Home Wilkinson Lowry; Chair, Australian Property Law Group of the Law Council of Australia; Member, Property Law Committee, Law Society of NSW
