Contract for the sale of part (plot sale contract)
This standard document provides a template contract for the sale of a residential freehold property being sold off-plan by a developer to a buyer on a new housing estate. This standard document establishes the legal framework for the transaction, where the seller covenants to construct a dwelling in accordance with an agreed specification and to procure the adoption of the estate roads and sewers. It is structured as a conditional contract and incorporates the Standard Conditions of Sale (Fifth Edition - 2018 Revision), with specific modifications and exclusions tailored to this type of sale.
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