Document background
The Purchase Sale Agreement (Real Estate) is a fundamental document in Dutch property transactions, essential for both residential and commercial real estate transfers in the Netherlands. It serves as the preliminary agreement that captures all negotiated terms before the mandatory notarial transfer deed. This document type is required whenever real property is bought or sold in the Netherlands, whether for personal, investment, or business purposes. It must comply with Dutch Civil Code requirements and include specific provisions about property condition, transfer of risk, and any special conditions such as financing arrangements. The agreement is typically drafted following initial negotiations and before the involvement of a notary, who will later prepare the transfer deed based on this agreement. Unlike some jurisdictions, Dutch law requires that the final property transfer be executed through a notarial deed, making this purchase agreement a crucial preliminary step in the property transfer process.
