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Flat Buying Agreement
"I need a standard Flat Buying Agreement for a 2-bedroom apartment in Amsterdam, with transfer date set for March 15, 2025, including standard VvE provisions and a financing clause with a three-month deadline."
1. Parties: Identification of the seller(s) and buyer(s) with full legal names, addresses, and marital status as required under Dutch law
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. Property Description: Detailed description of the property including cadastral details, apartment rights, and included fixtures and fittings
5. Purchase Price: Specified purchase price, payment terms, and deposit arrangements
6. Transfer of Ownership: Conditions and timing for transfer of ownership (levering) via notarial deed
7. Resolutive Conditions: Standard conditions under which the agreement can be dissolved, including financing clause and structural inspection
8. Seller's Warranties: Warranties regarding property ownership, encumbrances, and known defects
9. Buyer's Warranties: Warranties regarding financing and other buyer obligations
10. Transfer Date: Agreed date for transfer of ownership and possession
11. Notary: Designation of the notary and arrangements for the notarial transfer
12. Cooling-off Period: Statutory three-day cooling-off period for the buyer
13. Costs and Taxes: Allocation of transfer costs and taxes between parties
14. Default Provisions: Consequences of breach by either party
15. Governing Law: Confirmation of Dutch law application and jurisdiction
16. Execution: Signature blocks and date of agreement
1. Mortgage Release: Required when the property has an existing mortgage that needs to be discharged
2. VvE Provisions: Required for apartments, dealing with owners' association (Vereniging van Eigenaars) matters
3. Rental Provisions: Required if the property is currently rented or has rental history
4. Environmental Provisions: Required if there are specific environmental issues or concerns
5. Monument Status: Required if the property is a listed building (Rijksmonument)
6. Ground Lease: Required if the property is subject to ground lease (erfpacht)
7. Renovation Agreements: Required if specific renovations are agreed as part of the sale
8. Parking Provisions: Required if separate parking rights are included in the sale
1. Property Details: Detailed technical description of the property including cadastral excerpt
2. Fixtures and Fittings List: Comprehensive list of items included/excluded in the sale
3. Recent Survey Report: Building inspection or survey report if already completed
4. Energy Performance Certificate: Mandatory energy label (energielabel) documentation
5. VvE Documentation: Owners' association documents including regulations and financial information
6. Property Plans: Floor plans and architectural drawings
7. Land Registry Extract: Recent extract from the Land Registry (Kadaster)
8. List of Defects: Seller's disclosure of known defects (lijst van zaken)
9. Building Permits: Copies of relevant building permits and modifications
10. Payment Schedule: Detailed breakdown of payment terms and deadlines
Authors
Real Estate
Legal Services
Banking & Finance
Property Development
Construction
Insurance
Property Management
Public Housing
Urban Development
Professional Services
Legal
Real Estate
Compliance
Risk Management
Property Management
Operations
Sales
Finance
Customer Service
Business Development
Real Estate Attorney
Property Lawyer
Notary
Real Estate Agent
Property Manager
Mortgage Advisor
Legal Counsel
Compliance Officer
Property Developer
Housing Association Manager
Contract Manager
Real Estate Portfolio Manager
Property Surveyor
Transaction Manager
Real Estate Investment Manager
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