Exclusivity agreement—property
Exclusivity agreement—property

The following Property guidance note provides comprehensive and up to date legal information covering:

  • Exclusivity agreement—property
  • Parties
  • The ScheduleDocuments

Date [insert date of agreement]

Parties

  1. 1

    [insert name of Seller] [ of [insert address]][ incorporated in England and Wales with company registration number [insert company registration number]] (the Seller);

  1. 2

    [insert name of Buyer] [ of [insert address]][ incorporated in England and Wales with company registration number [insert company registration number]] (the Buyer).

  1. 1

    Definitions

  2. Buyer's Solicitors

    1. [insert details];

    Documents

    1. the documents relating to the Property listed in the Schedule to this agreement;

    Heads of Terms

    1. the principal terms annexed to this agreement;

    Lockout Period

    1. the period commencing today and ending at [insert time] on [insert date];

    Negotiations

    1. negotiations for the sale and purchase of the Property;

    Property

    1. the property known as [insert details] registered at HM Land Registry [with title absolute] under title number [insert title number];

    Property Information

    1. information of whatever nature and in whatever form relating to the Property except information which is or becomes publicly available;

    Seller's Solicitors

    1. [insert details];

    Working Day

    1. any day that is not a Saturday, Sunday, Christmas day, Good Friday or a statutory bank holiday.

  3. 2

    Interpretation

    1. 2.1

      In this agreement:

      1. 2.1.1

        the clause headings are for reference only and do not affect its construction;

      2. 2.1.2

        the word 'liability' includes all