This Agreement relates to the sale of Freehold land between two companies.

The Agreement contains the description of the subject property whose tenure is fee simple/absolute, meaning that the vendor holds/owns the land completely without restrictions as to a defined term of years and payment of rent as in the case of a leasehold tenure.

This Agreement also contains warranties which protect the purchaser in case the vendor breaches any of them in that the purchaser can claim damages from the vendor.