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Agreement To Sell With Possession
"I need an Agreement To Sell With Possession under Dutch law for the sale of manufacturing equipment worth €500,000, where the buyer needs immediate possession for production purposes but will complete the purchase in installments over 6 months starting March 2025."
1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the sale, brief description of the property/goods, and the parties' intention to enter into a sale agreement with transfer of possession
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Possession Date', 'Purchase Price', etc.
4. Subject Matter of Sale: Detailed description of the property/goods being sold, including any relevant specifications, conditions, or characteristics
5. Purchase Price and Payment: The agreed purchase price, payment terms, method of payment, and any conditions related to payment
6. Transfer of Possession: Terms and conditions regarding the transfer of possession, including the possession date and handover process
7. Seller's Warranties: Warranties provided by the seller regarding ownership, condition, and quality of the property/goods
8. Buyer's Obligations: Obligations of the buyer including payment, maintenance after possession, and compliance with regulations
9. Risk and Insurance: Allocation of risk and responsibility for insurance during the period between possession and final transfer
10. Completion: Process and requirements for completing the sale, including documentation and registration requirements
11. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for dispute resolution
1. Due Diligence: Terms regarding buyer's right to inspect and investigate the property/goods before completion, used for high-value transactions
2. Mortgage Provisions: Provisions relating to any mortgage or financing arrangements, included when buyer requires financing
3. Environmental Provisions: Specific provisions regarding environmental conditions and compliance, used for real estate or industrial goods
4. Third Party Rights: Provisions dealing with existing third party rights or claims, included when relevant
5. Tax Provisions: Specific provisions regarding tax implications and responsibilities, used for complex transactions
6. Force Majeure: Provisions for unforeseen circumstances preventing performance, included for long-term possession arrangements
7. Break Clause: Conditions under which either party can terminate the agreement before completion, used for extended possession periods
1. Property Description Schedule: Detailed technical description of the property/goods including specifications, conditions, and included items
2. Payment Schedule: Detailed breakdown of payment terms, installments, and dates if applicable
3. Inventory List: List of items included in the sale, particularly relevant for furnished properties or multiple items
4. Condition Report: Detailed report on the condition of the property/goods at the time of possession transfer
5. Required Permits: List of permits, licenses, or authorizations required for the use or transfer of the property/goods
6. Outstanding Liabilities: List of any outstanding liabilities, charges, or encumbrances affecting the property/goods
Authors
Real Estate
Agriculture
Manufacturing
Retail
Industrial Equipment
Construction
Automotive
Art and Collectibles
Heavy Machinery
Commercial Property
Legal
Procurement
Sales
Real Estate
Commercial
Operations
Risk Management
Compliance
Property Management
Asset Management
Legal Counsel
Contract Manager
Property Manager
Real Estate Agent
Business Development Manager
Procurement Manager
Sales Manager
Asset Manager
Commercial Director
Operations Manager
Risk Manager
Compliance Officer
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