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Sale Deed Of Flat
"I need a Sale Deed of Flat for purchasing a 3-bedroom apartment in Zurich for 1.2 million CHF, with completion planned for March 2025; the property includes a parking space and storage unit in the basement."
1. Parties: Identification of the seller(s) and buyer(s) with full legal names, dates of birth, nationality, and registered addresses
2. Background: Brief history of the property ownership and context of the sale
3. Definitions: Key terms used throughout the deed, including property-specific terminology
4. Property Description: Detailed description of the flat, including land registry details, floor area, room configuration, and floor plan reference
5. Common Property Elements: Description of shared facilities and the flat's share in common property
6. Purchase Price: Statement of the agreed purchase price and payment terms
7. Payment Terms: Details of how and when the purchase price will be paid, including escrow arrangements
8. Transfer of Ownership: Terms regarding the transfer of title and registration in the land registry
9. Warranties and Representations: Seller's warranties regarding property condition, encumbrances, and legal status
10. Handover: Terms for the physical handover of the property and transfer of possession
11. Costs and Taxes: Allocation of notary fees, land registry fees, and property transfer taxes
12. Governing Law: Confirmation of Swiss law application and jurisdiction
1. Mortgage Arrangements: Required if there is existing mortgage to be discharged or new mortgage to be registered
2. Renovation Agreement: Include if any pre-completion works are agreed between parties
3. Parking Space: Required if parking space or garage is included in the sale
4. Foreign Buyer Provisions: Required if buyer is foreign national (Lex Koller compliance)
5. Tenant Provisions: Required if property is currently tenanted
6. Special Use Rights: Include if there are exclusive use rights to certain common areas
7. Defects Liability: Include for new buildings or recently renovated properties
1. Property Floor Plan: Official floor plan showing the exact boundaries of the flat
2. Land Registry Extract: Current extract from the land registry showing ownership and encumbrances
3. Condominium Regulations: Copy of the applicable condominium rules and regulations
4. Inventory: List of fixtures, fittings and any furniture included in the sale
5. Building Insurance Certificate: Current building insurance documentation
6. Energy Performance Certificate: Energy efficiency rating and certification
7. Property Photographs: Documented condition of the property at time of sale
8. Payment Schedule: Detailed schedule of payment installments if applicable
Authors
Real Estate
Legal Services
Banking and Finance
Insurance
Construction
Property Management
Public Administration
Notary Services
Property Development
Investment Management
Legal
Real Estate
Compliance
Property Management
Sales
Business Development
Risk Management
Investment
Operations
Finance
Customer Relations
Documentation
Real Estate Lawyer
Notary Public
Property Manager
Real Estate Agent
Bank Manager
Mortgage Advisor
Property Developer
Legal Counsel
Compliance Officer
Land Registry Officer
Real Estate Investment Manager
Property Surveyor
Insurance Underwriter
Real Estate Portfolio Manager
Transaction Manager
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