Index
Introduction to REINZ Useful Clauses and Authorities\u00a9.................................................5
Part I Agreements for Sale and Purchase of Real Estate
1.
Unit Title............................................................................................................................7
2.
Cross Lease Title....................................................................................................... . . . . . . .7
3.
Company Ownership of Flats............................................................................................7
4.
Purchaser with Nomination Right or as Trustee for Company to be Formed.....................7
5.
Conditional on Sale of Purchasers Property......................................................................8
6.
Conditional Upon Purchaser's Property Sale Becoming Unconditional...... . . . . . . . . . . . . . . . . . . . . . .8
7.
Conditional on Expiry of Prior Option.................................................................................8
8.
Conditional on Expiry of Prior Agreement (Backup Agreement)...................... . . . . . . . . . . . . . . . . .9
9.
Escape Clause...................................................................................................................9
10.
Conditional Upon Settlement of Purchaser's Property Sale...............................................9
11.
First Mortgage to Vendor...................................................................................................10
12.
Second Mortgage to Vendor..............................................................................................10
13.
Arranging Finance.............................................................................................................11
14.
Conditional on Approval or Consent..................................................................................11
15.
Solicitor's Approval............................................................................................................11
16.
Sale on Credit Terms.........................................................................................................12
17.
Conditional on Specialist's Report.....................................................................................13
18.
Conditional on Resource Consent.....................................................................................13
19.
Leasehold - Acknowledgment by Purchaser......................................................................13
20.
Boat, Car or Caravan as Part Payment.............................................................................14
21.
Swimming Pool Fencing....................................................................................................14
22.
Contemporaneous Settlement...........................................................................................14
23.
Option to Purchase............................................................................................................14
24.
New Building - Vendor to Complete Construction..............................................................15
25.
Disclaimer Clause..............................................................................................................16
Part 1 Agreements for the Sale and Purchase of a Business
26.
Vendor to Pay Holiday Pay, etc.........................................................................................17
27.
Balance of Purchase Price Secured to Vendor under First Debenture..............................17
28.
Second Debenture to Secure Vendor's Advance...............................................................17
29.
Plant to be at Valuation......................................................................................................18
30.
Vendor Who Retains Freehold to Grant Lease..................................................................18
31.
Extension of Lease............................................................................................................18
32.
Financial Accounts Warranty.............................................................................................18
33.
Approval of Accounts.........................................................................................................19
2 REINZ Useful Clauses and Authorities \u2013 February 2000 \u00a9
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