Document background
The Offer to Purchase Contract is a crucial document in Swiss real estate transactions, serving as the initial formal step in property acquisition. It is typically used when a potential buyer wishes to formalize their intention to purchase property, whether residential, commercial, or industrial. The document must comply with Swiss federal and cantonal laws, including the Swiss Code of Obligations, property transfer regulations, and where applicable, Lex Koller for foreign buyers. It includes detailed property specifications, proposed purchase price, payment terms, conditions precedent, and due diligence requirements. This document is particularly important in Switzerland due to the country's strict property transfer regulations and the requirement for subsequent notarial authentication of the final purchase agreement.
