Document background
The Absolute Deed of Sale is a crucial legal instrument in Swiss property law, used to formalize and execute the permanent transfer of real estate ownership. This document type is mandatory for all property transfers in Switzerland and must be executed as a public deed before a notary public. The deed contains essential elements required by Swiss law, including precise property identification, price terms, and transfer conditions. It serves as the basis for registration in the land register (Grundbuch), which is necessary to complete the property transfer. The document must comply with federal Swiss law, particularly the Civil Code (ZGB) and Code of Obligations (OR), as well as cantonal regulations. The Absolute Deed of Sale is typically prepared following the successful negotiation of a preliminary sale agreement and requires careful review of title, encumbrances, and compliance with various property transfer regulations, including potential restrictions under Lex Koller for foreign buyers.
