About the Rent Roll Contract Sale Precedent

Whether you are acting for the vendor or the purchaser, when you strike your price and deal specifics, you will want to sign up quickly and lock them in with a contract for sale.

Our Contract for Sale - Rent Roll is a short form contract tailored for real estate agents to sell their rent roll as we understated why their sale is different to any other business out there. Make sure you are protected today and download now!

Note: This is a short form contract only and to be used for smaller value deals of less than $100,000 in value and where it is only the rent roll asset being sold. Whilst this precedent does cover other aspects such as employees, franchises, leases or other business assets to transfer, it only does so at a high level. If you need greater protections as the value of the transaction is greater than $100,000, or you need to deal with the sales agency side of the business or as a share transaction, please contact Kristen Porter about our full, long form contract or sale of share contract.

Your Rent Roll Contract for Sale includes: 

• Contract for Sale - Rent Roll Sale (short form) Template  

• Instructional video on how to complete your template  

Template clauses cover:

Contents:

-        Terms and conditions

-        Definitions and interpretation

-        Purchase Price

-        Deposit

-        Conditions Precedent

-        Period Before Completion

-        Management and New Authorities

-        Completion Statement

-        Completion

-        Post completion

-        Investment of retention amount

-        Adjustment of purchase price

-        Franchise

-        Lease

-        Plant and Equipment

-        Employees

-        Tuition and Handover Assistance

-        Restraint of Trade

-        Guarantees

-        Warranties and Indemnities

-        GST

-        Confidentiality

-        Default and Termination

-        Dispute Resolution

-        Costs, Expenses and Duty

-        Notice

-        Special Conditions

-        Contract Documents

-        General

OPTIONAL EXTRA – Ensure you are set up right from the start to protect you. If you have any questions, feel free to reach out to Kristen Porter to book in for a consulting/coaching session.

Boring legal stuff: No legal advice included. Whilst this product has been designed and prepared by lawyers, this is general advice only and cannot be relied upon as legal advice as it does not take into consideration your or your client’s exact circumstances. This information is for guidance only as there are many variables in preparing agreements and advising your clients. PS - congratulations if you have read this far, you must love legal disclaimers or are a sucker for punishment.