STANDARD SALE AGREEMENT

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THE REPUBLIC OF UGANDA

IN THE MATTER OF THE CONTRACTS ACT NO CAP 284


AND
IN THE MATTER OF AGREEMENT OF SALE OF LAND

BETWEEN

MR TUGUME HERBERT
AND
MRS IGAZZAH ANGELLA

PROPERTY DESCRIBED AS:


Land in Rwenjeru North Cell Rwenjeru Ward,
Mbarara North Division
Measuring 0.1944ha

AGREEMENT OF SALE OF LAND

This agreement is made this ………. day of ……………………………….… 2024

BETWEEN

MR TUGUME HERBERT of NIN NO. CM87027105WNLD a resident of


Rwenjeru North Rwenjeru Parish Biharwe Subcounty Kashari County Mbarara
District, herein after referred to as the “Vendor” which expression shall where
the context so admits include and bind his legal representatives, assigns,
agents, and successors in title; on the one part;

AND

MRS IGAZZAH ANGELLA of NIN NO. CF5803710020EL a resident of Kitagata


T/C West, Muhito parish, Kitagata Subcounty Sheema county, Sheema District ,
herein after referred to as the “Purchaser” which expression shall where the
context so admits include and bind his legal representatives, assigns, agents,
and successors in title; on the other part;
Jointly referred to as the “Parties”;

RECITALS:

WHEREAS the Vendor is the lawful owner of land situate in Rwenjeru North Cell
Rwenjeru Ward, Mbarara North Division Measuring 0.1944ha (herein after
referred to as the Property);

WHEREAS the Vendor is willing to sell the Property to the Purchaser and;

WHEREAS the Purchaser is willing and able to buy the property;

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NOW THEREFORE THE PARTIES AGREE AND THIS AGREEMENT
WITNESSETH as follows:

A. SALE AND PURCHASE:

IN CONSIDERATION of the total sum of UGX 34,000,000/=(Thirty Four


million Uganda Shillings only) as the total purchase price to be paid by
the Purchaser as herein below provided, the Vendor hereby sell and the
Purchaser hereby buys and takes from the Vendor ownership of the
Property upon the terms and conditions herein contained.

B. PAYMENT OF THE CONSIDERATION:

1. The purchaser has paid the full purchase price of UGX


34,000,000/=(Thirty Four million Uganda Shillings only);

2. The Vendor acknowledges receipt of the full purchase price as stated


above by executing this agreement.

3. The Vendor undertakes to hand over to the Purchaser all the documents
necessary to transfer the property into the purchaser’s names.

4. The Purchaser shall pay all costs, fee and taxes/government charges
needed to transfer the property into his names.

C. OPENING BOUNDARIES AND SURVEYING.


(i) The vendor confirms the boundaries of the property as follows; Margret
Rhoda Foundation Limited in the North, Tugume Herbert in South, the
Road on the west and Tugume Herbert in the East.

(ii) The Purchaser has carried out all the necessary due diligence and has
confirmed the boundaries of the property.

D. INDEMNITY AND BREACH:

1. The Property is sold on the understanding that it is free from any


encumbrances or adverse claims of any description.

1. In the event of any breach of warranty, covenant or obligation by any party,


the guilty party shall indemnify and keep the innocent party indemnified in
respect of all matters, costs, expenses, business loss and outgoings that they
may reasonably incur as a result of or in respect of such breach.

E. PROPRIETORSHIP, WARRANTIES ANDASSURANCE:

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1. The Vendor hereby guarantees that he is the rightful owner of the Property
and further that his claim to the property is genuine and there are no legal
impediments whatsoever, preventing the Vendor from selling and
transferring the Property into the Purchaser’s names or entering into this
contract.

2. The Vendor hereby confirms that there are no adverse claims or third party
interest relating to the property.

3. The Vendor hereby guarantees that he has passed good title to the
Purchaser and ownership of the property shall pass to the purchaser
immediately upon execution of this agreement.

F. VACANT POSSESSION:
The vendor undertakes to offer the purchaser vacant possession upon
execution of this agreement.

I. OUTSTANDING PAYMENTS AND LIABILITIES:

All and any outstanding payments or liabilities in respect of the Property


accrued and or payable before the execution of this agreement shall be paid
by the Vendor.

J. DISCHARGE AND COSTS OF CONVEYANCE:

For avoidance of doubt, save as herein provided all liabilities or obligations


(whether legal or equitable) in relation to any mortgage or other
encumbrances on the Property, shall be borne by the Vendor.

K. LEGAL FEES:

The Parties shall each pay their own lawyer’s legal fees for drafting this
agreement.

L. LOCAL AUTHORITIES:

The Vendor undertakes to introduce the Purchaser to the Area Local Authority
(Local Council or L.C 1) as the new owner of the property at an agreed time after
execution of this agreement.

M. ENTIRE AGREEMENT:

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This contract constitutes the entire Agreement between the parties in respect to
the Property and in relation thereto supersedes all prior discussions,
understandings and agreements between the parties and all prior
representations and expressions of opinion by any party or its agent to any
other party or its agent.

N. SEVERABILITY:

Should any provision of this Agreement be invalid or unenforceable for any


reason whatsoever, such invalidity or unenforceability will not affect the validity
or enforceability of any or all of the remaining provisions of this Agreement
which will continue in full force and effect and be construed as if this Agreement
had been executed without the invalid or unenforceable provisions.

O. DISPUTE RESOLUTION:

(i) The Parties agree that should any dispute arise between the Parties in
connection with this Agreement or its subject matter, which cannot be
resolved amicably by the Parties, the Parties and or their legal
representatives or successors in title will promptly meet to consider
whether there is a possibility of resolution by mediation or conciliation.

(ii) The parties further agree that should any dispute remain unresolved
for 14 days from the date of any attempted negotiations and or upon
failure of mediation, whichever is earlier, the said dispute shall be
referred for arbitration, under the laws of Uganda governing
Arbitrations obtaining at the time of such dispute and the place of
Arbitration shall be Kampala - Uganda.

P. APPLICABLE LAW AND JURISDICTION:

This agreement shall be governed by and construed in accordance with the laws
of Uganda.

Q. MISCELLANEOUS:

i. No waiver by any party under this Agreement shall be effective unless it is


in writing and is duly executed by any of the parties or an authorized
representative of any of the parties to this Agreement.

ii. A waiver by any party shall not disentitle any party to any of the rights
accruing to that party in this agreement or under the law.

iii. All notices or other communications to be given or made hereunder shall


be in English and in writing delivered to either party.

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IN WITNESS WHEREOF the parties hereto have executed/signed these
presents the day, month and year first above written.

SIGNED by the said


TUGUME HERBERT ________________________
VENDOR
SIGNED by the said
IGAZZAH ANGELLA. _________________________

PURCHASER
WITNESSED BY:

1. ……………………………………………. ………………………………….

2. ……………………………………………. …………………………………...

3. .....................................................................
……………………………………

4. ......................................................................
……………………………………

5. .......................................................................
…………………………………….

ALL IN THE PRESENCE OF

…………………………………..
ADVOCATE

Drawn by:
M/S KAGANZI & CO. ADVOCATES
P.O BOX 816
MBARARA.

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