Sale Agreement for Office Space

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Microsoft Word (Editable)

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Document Overview

A Sale Agreement for Office Space is a legally binding contract between a seller (vendor) and a buyer (purchaser) that sets out the terms and conditions under which ownership of office space is transferred. In Kenya, it is often the first formal step in the property transfer process and is typically drafted and witnessed by advocates.

Purpose of a Sale Agreement for Office Space:

Legal clarity – ensures both parties understand the terms of sale.

Proof of ownership transfer intention – confirms that the seller intends to sell and the buyer intends to buy.

Defines obligations – spells out payment schedules, completion timelines, and delivery of documents.

Protects parties – contains remedies in case of default by either seller or buyer.

Supports registration – provides a legal basis for transfer of title at the Lands Registry.

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Sale Agreement for Office Space

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