by Industrial Guide | Jun 12, 2025 | I - News
Price Re-Negotiation or Adjustment Clauses If market conditions shift significantly—due to interest rate changes, policy updates, or valuation corrections—the parties may initiate price re-negotiation during the negotiation phase. Common provisions include: Clause for...
by Industrial Guide | Jun 12, 2025 | I - News
Title and Legal Defects One of the most critical risks that could lead a buyer to walk away is the discovery of defects in title or ownership. These include: Unclear or disputed title with missing or forged historical documents Presence of undisclosed liens,...
by Industrial Guide | Jun 12, 2025 | I - News
Initial Step: Mediation or Amicable Settlement Most Purchase and Sale Agreements (PSAs) include a clause mandating that parties first attempt amicable settlement or mediation in the event of a dispute. This allows: Direct negotiation between buyer and seller through...
by Industrial Guide | Jun 12, 2025 | I - News
Title and Ownership Representations The seller will provide clear warranties regarding legal ownership and title, which typically include: That the seller holds absolute, marketable, and unencumbered title to the property That the land is free from all liens, charges,...
by Industrial Guide | Jun 12, 2025 | I - News
Buyer’s Legal Counsel (Primary Drafter) In most industrial land transactions, the buyer’s legal counsel is responsible for preparing the first draft of the Purchase and Sale Agreement (PSA). This ensures that the agreement: Reflects the buyer’s due diligence findings...
by Industrial Guide | Jun 12, 2025 | I - News
Buyer’s Responsibility for Primary Closing Costs In most industrial land transactions, the buyer typically bears the majority of closing costs, which include: Stamp duty and registration charges as per state government rates (usually 5–7% of the sale value) Title due...
