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Simple For Sale By Owner Contract

Simple For Sale By Owner Contract Template for Germany

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Key Requirements PROMPT example:

Simple For Sale By Owner Contract

"I need a Simple For Sale By Owner Contract for selling my residential property in Berlin to a private buyer, with completion planned for March 2025; the property is currently unoccupied and I want to ensure all necessary German legal requirements are met."

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Document background
The Simple For Sale By Owner Contract is specifically designed for use in the German property market where sellers wish to conduct property sales directly without real estate agent involvement. This document type is particularly relevant in today's growing trend of private property sales, where owners seek to manage their own transactions while ensuring compliance with German legal requirements. The contract includes all necessary elements required by German law, including provisions for notarization, land registry registration, and the formal Auflassung (conveyance declaration). It's structured to be comprehensive yet accessible, suitable for both residential and small commercial property transactions, while ensuring compliance with the Bürgerliches Gesetzbuch (BGB) and related property legislation.
Suggested Sections

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

2. Background: Brief context of the sale and property ownership history

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed description of the property including land registry details (Grundbuch), parcel numbers, and exact address

5. Purchase Price: Specified purchase price, payment terms, and escrow arrangements

6. Payment Terms: Detailed payment schedule, method of payment, and banking details

7. Property Transfer (Auflassung): Formal conveyance declaration required under German law

8. Warranties and Representations: Seller's warranties regarding property condition, encumbrances, and title

9. Property Condition: Current state of the property and any known defects

10. Transfer of Possession: Date and conditions for transferring property possession

11. Costs and Taxes: Distribution of transaction costs, including transfer tax and registration fees

12. Land Registry Requirements: Consent for registration in land registry (Grundbuch) and required documentation

13. Governing Law: Confirmation of German law application and jurisdiction

Optional Sections

1. Mortgage and Encumbrances: Details of existing mortgages and process for discharge - include if property has existing mortgages

2. Tenant Provisions: Details of existing tenancies and transfer of rental agreements - include if property is currently rented

3. Fixtures and Fittings: List of items included/excluded in sale - include if there are specific items to be detailed

4. Environmental Matters: Environmental conditions or obligations - include if property has environmental concerns

5. Building Permits: Status of building permits and compliance - include for properties with recent construction

6. Right of Withdrawal: Consumer protection withdrawal rights - include if buyer is a consumer

7. Easements: Details of existing easements - include if property has easements

8. Co-owner Rights: Rights and obligations of co-owners - include for shared property ownership

Suggested Schedules

1. Property Plan: Official cadastral plan and property boundaries

2. Land Registry Extract: Current extract from the land registry (Grundbuchauszug)

3. Energy Certificate: Energy performance certificate (Energieausweis)

4. Inventory List: Detailed list of fixtures, fittings, and items included in sale

5. Property Photographs: Documentation of property condition at time of sale

6. Building Documentation: Relevant building permits, plans, and certificates

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

Banking and Finance

Legal Services

Private Housing

Commercial Property

Residential Development

Urban Planning

Property Investment

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Services

Risk Management

Documentation

Finance

Operations

Administration

Relevant Roles

Property Owner

Real Estate Investor

Legal Counsel

Property Manager

Compliance Officer

Real Estate Developer

Financial Controller

Business Owner

Property Administrator

Contract Manager

Legal Administrator

Risk Manager

Document Controller

Corporate Counsel

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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