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Property Contract
"I need a Property Contract for purchasing a commercial office building in Amsterdam, with completion planned for March 2025, including specific provisions for current tenant agreements and parking rights to be transferred."
1. Parties: Identification of the seller and buyer with full legal names, addresses, and registration details if applicable
2. Background: Context of the transaction and brief property history
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property including cadastral details, address, and included fixtures/fittings
5. Purchase Price: Agreed purchase price, payment terms, and deposit arrangements
6. Transfer of Ownership: Conditions and process for legal transfer, including notarial deed requirements
7. Representations and Warranties: Seller's declarations about the property's condition, encumbrances, and legal status
8. Transfer Date: Agreed date of transfer and possession
9. Notary: Appointment of notary and arrangements for deed execution
10. Costs and Taxes: Distribution of transaction costs and tax obligations
11. Risk Transfer: Moment and conditions of risk transfer to the buyer
12. Default and Remedies: Consequences of breach and available remedies
13. Governing Law: Confirmation of Dutch law application and jurisdiction
1. Mortgage Conditions: Include when buyer requires mortgage financing, specifying conditions and deadlines
2. Building Inspection: Include when parties agree to a building inspection condition
3. Rental Provisions: Include if property is currently rented or will be rented
4. Environmental Provisions: Include when there are specific environmental concerns or requirements
5. Renovation/Construction: Include when property requires or is undergoing renovation/construction
6. Parking: Include when separate parking rights or facilities are involved
7. Ground Lease: Include when property is subject to ground lease (erfpacht)
8. Monument Status: Include when property is a listed building or monument
9. Energy Performance: Include specific provisions about energy labels and improvements
1. Property Details: Detailed description of property including floor plans and cadastral maps
2. Inventory List: List of included and excluded fixtures, fittings, and furniture
3. Land Registry Extract: Recent extract from the Land Registry (Kadaster)
4. Property Photographs: Documentary photographs of property condition
5. Building Inspection Report: Results of building inspection if conducted
6. Energy Performance Certificate: Current energy label and performance details
7. Environmental Reports: Soil quality reports and environmental assessments
8. Zoning Documentation: Current zoning status and restrictions
9. Service Charges: Overview of applicable service charges and maintenance costs
Authors
Real Estate
Residential Property
Commercial Property
Construction
Property Development
Banking & Finance
Legal Services
Property Management
Urban Development
Housing
Legal
Real Estate
Property Management
Facilities
Compliance
Contract Management
Corporate Affairs
Business Development
Operations
Risk Management
Asset Management
Acquisitions
Investment
Real Estate Lawyer
Property Manager
Real Estate Agent
Notary
Legal Counsel
Corporate Lawyer
Property Developer
Facilities Manager
Real Estate Investment Manager
Compliance Officer
Contract Manager
Real Estate Portfolio Manager
Housing Officer
Property Acquisition Manager
Real Estate Transaction Manager
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