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Land Purchase And Sale Agreement

Land Purchase And Sale Agreement Template for Switzerland

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Key Requirements PROMPT example:

Land Purchase And Sale Agreement

"I need a Land Purchase and Sale Agreement under Swiss law for the acquisition of a commercial property in Zurich by a German corporation, with consideration of Lex Koller requirements and environmental provisions for the former industrial site."

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Document background
The Land Purchase and Sale Agreement is a vital legal instrument used in Swiss real estate transactions to document and formalize the transfer of property ownership. It is essential for any real estate transaction in Switzerland, whether residential, commercial, or industrial. The document must be executed in compliance with strict Swiss legal requirements, including mandatory notarization and registration in the cantonal land registry. It encompasses crucial elements such as detailed property description, purchase price, payment terms, warranties, and specific Swiss legal compliance matters. The agreement must address federal regulations including the Swiss Civil Code and Code of Obligations, as well as cantonal-specific requirements. For foreign buyers, additional considerations under Lex Koller must be incorporated. This document serves as the foundational agreement protecting both parties' interests while ensuring legal enforceability under Swiss law.
Suggested Sections

1. Parties: Identification of seller and purchaser with full legal names, addresses, and registration details if applicable

2. Background: Context of the transaction and brief description of the property being sold

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the property including land registry details, parcel numbers, and exact measurements

5. Purchase Price: Agreed purchase price, payment terms, and deposit requirements

6. Payment Terms: Schedule of payments, method of payment, and escrow arrangements

7. Conditions Precedent: Conditions that must be fulfilled before completion, including financing and regulatory approvals

8. Due Diligence: Buyer's right to investigate the property and related documentation

9. Seller's Warranties: Warranties regarding property ownership, encumbrances, and condition

10. Completion: Process and requirements for closing the transaction

11. Transfer of Ownership: Provisions regarding the transfer of title and registration in the land registry

12. Costs and Taxes: Allocation of transaction costs, taxes, and fees

13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

Optional Sections

1. Environmental Provisions: Required if property has potential environmental issues or contamination

2. Tenant Rights: Include if property is currently leased or has existing tenants

3. Agricultural Land Provisions: Required if property includes agricultural land subject to special regulations

4. Lex Koller Compliance: Required if purchaser is a foreign person or entity

5. Development Rights: Include if property has pending or potential development opportunities

6. Mortgage Arrangements: Include if purchase involves assumption of existing mortgages or new financing

7. Property Management: Include if interim management arrangements are needed between signing and completion

8. Construction Obligations: Required if property includes incomplete construction or renovation obligations

Suggested Schedules

1. Property Details: Detailed technical description, including plans and land registry excerpts

2. Title Documents: Copies of current land registry entries and ownership documents

3. Encumbrances: List of all existing easements, rights of way, and other encumbrances

4. Inventory: List of any movable property included in the sale

5. Environmental Reports: Any environmental assessments or contamination reports

6. Building Permits: Copies of existing building permits and zoning certificates

7. Payment Schedule: Detailed schedule of payment installments and timing

8. Due Diligence Documents: List of all documents provided during due diligence

9. Property Photos: Current photographs of the property and buildings

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions













































Clauses









































Relevant Industries

Real Estate

Property Development

Construction

Agriculture

Hospitality

Retail

Industrial

Commercial Property

Residential Property

Banking and Finance

Investment Management

Infrastructure

Tourism

Legal Services

Relevant Teams

Legal

Real Estate

Property Management

Finance

Compliance

Risk Management

Business Development

Investment

Operations

Facilities

Corporate Development

Acquisitions

Relevant Roles

Real Estate Director

Property Manager

Legal Counsel

Corporate Lawyer

Real Estate Agent

Investment Manager

Development Director

Chief Financial Officer

Asset Manager

Facilities Manager

Acquisition Manager

Real Estate Analyst

Property Developer

Compliance Officer

Risk Manager

Transaction Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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