Sale of Rent Roll Agreement for Legal Practitioners & Business Owners
Ensure structured and efficient transactions with our Sale of Rent Roll Agreement. This document is designed for lawyers, real estate professionals, and business owners, providing a clear framework for the sale and transfer of rent roll assets while ensuring transparency and protection for both buyers and sellers.
Sale of Rent Roll
Sale of Rent Roll is designed for use by Real Estate Agents when selling a rent roll.
Includes a full Contract for Sale of Business plus a set of special conditions specific to the sale of a rent roll.
The sale of a rent roll involves different considerations to the sale of many other types of businesses due to the nature of the assets and goodwill being sold. The value of a rent roll is usually determined by a formula which is a multiplier of the yearly management fee.
Contract for Sale of Business
This Contract for Sale of Business is a straightforward and elegant alternative to the Law Society of New South Wales Contract for Sale of Business.
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Why Legal Practitioners and Business Owners Need a Sale of Rent Roll Agreement
A Sale of Rent Roll Agreement is essential for formalising the terms and conditions of rent roll sales, ensuring both parties understand their rights and obligations. This agreement helps mitigate risks, define warranties, and establish a structured process for ownership transfer.
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Sale of Rent Roll Includes
There are no parts of the Contract that are locked for editing. Covers the following essential items:
- Definitions & Interpretation
- Key Person and guarantor
- Sale and purchase
- Price
- Finance
- GST
- Title and risk
- Continuation of business
- Work orders
Vendor assistance - Access to records and copies
- Completion
- Stock
- Adjustments
- Creditors
- Debtors
- Transfer of premises lease
- New lease
Transfer of franchise
- Lease and hire agreements
- Business agreements and arrangements
- Employees
- Superannuation
- Restraint
- Vendor Warranties
- Warranties of the purchaser
- Limits on warranties
- Notice to complete
- Guarantees
- Termination of contract
- Disputes
- General Provisions
- List of Annexures
21 pages long. Buy it once use it as many times as you like.
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