Memorandum Of Sale
UK Property
Associates
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MEMORANDUM OF SALE
for ENGLAND & WALES ONLY
SUBJECT TO CONTRACT
DATE: (The date we initially agree on the offer price)
VENDOR: (Your Name) of (Your property address)
PURCHASER: (Our Details)
DETAILS OF PROPERTY: (Details of your property – at address of your property)
TENURE: (Freehold, Leasehold etc)
AGREED PRICE: (Our agreed price)
DEPOSIT: (Not Applicable)
MORTGAGE LENDER: (Not Applicable)
VENDOR’S SOLICITOR: (Details of your solicitor)
PURCHASER’S SOLICITOR: (Details of our solicitor)
VENDOR'S SIGNATURE: (Your signature)
PURCHASER'S SIGNATURE: (Our signature)
For the avoidance of doubt, this Memorandum of Sale simply records the agreement reached
between the parties subject to contract and forms no part of a contract for the sale of the
said property between the parties.
A memorandum of sale is not a legally binding contract. Once we agree with you the purchase price and you are happy to proceed, we will ask you to sign a document, similar to the one below so we can begin the purchase process using the solicitors for both parties - the vendor (you) and the purchaser (us).
A typical memorandum of sale looks something like the one here:
