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Contract To Buy And Sell (Real Estate)
"I need a Contract To Buy And Sell (Real Estate) for purchasing a commercial warehouse property in Amsterdam, including specific provisions for environmental compliance and existing tenant arrangements, with the transfer scheduled for March 2025."
1. Parties: Identification of the seller(s) and buyer(s) with full legal names, addresses, and other relevant identification details
2. Background: Context of the transaction and brief description of the property being sold
3. Definitions: Definitions of key terms used throughout the agreement
4. Object of Sale: Detailed description of the property including address, land registry details, size, and included items
5. Purchase Price: Specification of the purchase price, payment terms, and deposit requirements
6. Transfer of Ownership: Conditions and process for legal transfer, including notarial deed requirements
7. Current State: Description of the property's current condition and any known defects
8. Use of the Property: Current and permitted use of the property, including any restrictions
9. Transfer and Acceptance: Timeline and conditions for property handover
10. Guarantees and Warranties: Seller's declarations about the property's condition and legal status
11. Risk Transfer: Point at which risk transfers from seller to buyer
12. Default and Remedies: Consequences of breach and available remedies
13. Notary: Appointment of notary and notarial requirements
14. Closing Conditions: Conditions that must be met before closing
15. Final Provisions: Governing law, jurisdiction, and other standard closing provisions
1. Mortgage Clause: Include when buyer requires mortgage financing to complete the purchase
2. Building Inspection: Include when parties agree to a building inspection contingency
3. Asbestos Clause: Include for properties built before 1994 where asbestos might be present
4. Soil Pollution: Include when there are concerns about soil contamination
5. Rental Provisions: Include if the property is currently rented or has rental history
6. Monument Status: Include if the property is a listed building or monument
7. Ground Lease: Include if the property is subject to ground lease (erfpacht)
8. Owners Association: Include for apartments or properties with shared facilities
9. Energy Performance: Include when specific energy performance guarantees are made
1. Property Description Schedule: Detailed description of the property including boundaries, fixtures, and fittings
2. List of Included Items: Inventory of movable items included in the sale
3. List of Excluded Items: Inventory of items explicitly excluded from the sale
4. Known Defects Report: Detailed list of known defects and maintenance issues
5. Energy Performance Certificate: Copy of the mandatory energy performance certificate
6. Land Registry Extract: Recent extract from the land registry (kadaster)
7. Building Inspection Report: Results of any building inspections conducted
8. Environmental Reports: Any available environmental or soil reports
9. Zoning Documentation: Current zoning status and permitted use documentation
10. Property Photographs: Documentary photographs of the property's condition at time of sale
Authors
Real Estate
Construction
Banking & Finance
Legal Services
Property Development
Property Management
Insurance
Urban Development
Architecture
Environmental Services
Legal
Real Estate
Property Management
Compliance
Finance
Risk Management
Operations
Business Development
Investment
Asset Management
Real Estate Agent
Property Lawyer
Notary
Property Developer
Real Estate Manager
Mortgage Advisor
Property Surveyor
Real Estate Investment Manager
Legal Counsel
Compliance Officer
Property Portfolio Manager
Real Estate Broker
Transaction Manager
Asset Manager
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