Agreement for Sale of Apartment

Name: Agreement for Sale of Apartment
Brand: SheriaPlex
SKU: DOC-556
Price: 200 KES
Availability: InStock

Document Type

Microsoft Word (Editable)

Pages

Price: KES 200

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Document Overview

An Agreement for Sale of an Apartment is a legal contract used in real estate transactions where the owner (seller) agrees to sell and the buyer agrees to purchase a specific apartment unit, often within a multi-storey residential development.

Key Components:
1. Parties to the Agreement
2. Property Description
3. Parent Title & Ownership
4. Purchase Price
5. Payment Terms
6. Completion Date
7. Transfer of Title
8. Common Areas and Parking
9. Service Charge Liability
10. Possession and Risk Transfer
11. Conditions Precedent
12. Seller’s Warranties
13. Default and Remedies
14. Dispute Resolution Clause
15. Governing Law
16. Execution Section

Purpose:
1. It legally binds the parties.
2. Ensures transparency and compliance.
3. Defines rights and obligations.
4. It protects both parties.
5. Facilitates title registration as per Kenyan law.

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Agreement for Sale of Apartment

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