WARNING
Only send this email if you have completed all required tasks (where applicable) in this checklist.
Hi [insert agent’s name]
Please prepare an offer based on the following details:
1. Purchaser
[insert your full name(s)]
2. Purchase Price
$
3. Deposit Amount
Option 1: 10% of the purchase price payable upon satisfaction of the purchaser’s conditions - and/or
Option 2: Refer to the Further Terms of the Agreement
4. Conditions [pick what you need - please note there are more conditions than just these examples]
Finance - X Working Days [10 is standard]
Building Report - X Working Days [10 is standard]
LIM Report - X Working Days [10 is standard]
5. Settlement Date [pick an option]
[choose a specific date that suits you e.g. 3 September 2023] OR
The 20th working day from the day the purchaser satisfies their conditions
6. Lawyer’s details
angus@housemelegal.co.nz
09 801 5903
This offer by the purchaser is open for acceptance by the vendor by [insert date]. If by that time, the vendor has not accepted the offer by signing this agreement and giving written notice of such acceptance to the purchaser or the purchaser’s lawyer then this offer will lapse and have no further legal effect and neither party will have any claim against each other.]
$[insert amount] to be paid to [insert real estate agent’s trust account] upon agreement going unconditional and the remainder to be paid in accordance with clause [insert below].
Following the payment of the Initial Deposit, the residual amount of the 10% of the purchase price will be payable within one working day following receipt of the purchaser's Kiwisaver funds into their solicitor's trust account.
The deposit will be payable into the vendor's solicitor's trust account and held until settlement day or until the vendor's solicitor has provided settlement undertakings to the purchaser's solicitor.
Kind regards
[insert your name]
Consider writing a letter of introduction to the seller. Click here to see an example.
Click here for a copy of the first page of a standard ADLS Agreement for Sale and Purchase of Real Estate. This is where the agent will insert most of your key terms.
Where to sign
Sign on page 20 - example here
