SALE AGREEMENT — LAND

Date: [agreement_date]

1. Parties

This Agreement is entered into between:

[seller_name] (the "Seller"), of [seller_address], holder of National ID No. [seller_id_number];

and

[buyer_name] (the "Buyer"), of [buyer_address], holder of National ID No. [buyer_id_number].

2. The Plot

The Seller is the registered owner of the following plot of land, which the Seller agrees to sell and the Buyer agrees to buy on the terms set out below:

• Title / plot reference: [plot_title]
• Location: [plot_location]
• Address / physical description: [plot_address]
• Tenure: [plot_tenure]
• Size: [plot_size] [plot_size_unit]

The Plot is sold with vacant possession and free from any encumbrance not disclosed in writing in this Agreement.

3. Price + Payment

The total purchase price is UGX [price_amount] (the "Price"), payable as follows:

• Deposit: 20% of the Price, payable within 7 days of the date of this Agreement.
• Balance: [balance_terms]

Payment is by bank transfer to the account or number nominated by the Seller in writing. Each payment is acknowledged in writing by the Seller and recorded as a milestone on FirmBrik.

4. Tenure-specific clauses

If the Plot is held as mailo land: the Seller warrants that there are no bibanja, lawful occupants, or bonafide occupants on the Plot other than as disclosed in writing in the schedule to this Agreement. The Seller indemnifies the Buyer against any successful claim arising from undisclosed occupancy.

If the Plot is held under leasehold: the Seller warrants that ground rent and any premium have been paid up to the date of this Agreement, and that no breach of the lease covenants exists.

If the Plot is held under customary tenure: the parties acknowledge that the Plot will be registered, where possible, on the conversion of the customary right into a registrable interest before completion.

5. Conditions precedent

Completion of this Agreement is conditional upon all of the following:

1. The Seller delivering to the Buyer a search certificate from the relevant District Land Office, dated no earlier than 30 days before completion, showing the Seller as the registered owner free of any undisclosed encumbrance.
2. Where required, written consent of the Seller's spouse under the Land Act.
3. Where the Plot is agricultural and exceeds the relevant threshold, any Land Board consent required.
4. Payment of stamp duty by the Buyer at 1.5% of the higher of the declared Price or the government valuation.

6. Completion

Completion takes place at the District Land Office within 60 days of the satisfaction of the conditions above. On completion the Seller hands over the original title deed and a duly executed transfer instrument, and the Buyer pays the balance.

7. Risk + insurance

Risk in the Plot passes to the Buyer on completion. Until then the Seller remains responsible for the Plot and any structures on it.

8. Default + remedies

If either party fails to perform a material obligation under this Agreement and does not remedy the default within 14 days of written notice, the non-defaulting party may, at their election:

1. Sue for specific performance; or
2. Terminate this Agreement.

Where the Buyer terminates after paying any sum to the Seller, the Seller refunds the sum less reasonable evidenced costs. Where the Seller terminates after the Buyer has paid the deposit, the deposit is forfeited to cover reasonable costs and lost opportunity, save where the Buyer's default arose from a condition precedent that the Seller failed to satisfy.

9. Dispute resolution

The parties agree to first attempt resolution by good-faith negotiation for at least 21 days. Failing that, the dispute is referred to mediation by a mediator agreed in writing, and if mediation is unsuccessful, to the courts of Uganda.

10. Governing law

This Agreement is governed by, and construed in accordance with, the laws of the Republic of Uganda.

11. Entire agreement

This document, together with any schedule signed by both parties, constitutes the entire agreement between the parties regarding the sale of the Plot.

12. Signatures