Document background
The Agreement To Sell With Possession is a specialized contract used in German property transactions where there is a need to separate the transfer of possession from the transfer of ownership. This arrangement is particularly useful in scenarios where the buyer requires immediate use of the property while financing, administrative processes, or other conditions are being fulfilled. The document comprehensively addresses both the sale and possession aspects under German law, including purchase terms, possession conditions, maintenance responsibilities, and ownership transfer procedures. It's commonly used in commercial property transactions, development projects, or situations where staged completion or payment is desired. The agreement must comply with German Civil Code (BGB) requirements and often requires notarization for certain property types.
