Document background
The Real Estate Buy And Sell Agreement is a crucial document used in Dutch property transactions to formalize the sale and purchase of real estate. It serves as the preliminary agreement that precedes the mandatory notarial deed of transfer under Dutch law. This document is essential for both residential and commercial property transactions in the Netherlands, incorporating requirements from the Dutch Civil Code, Land Registry Act, and related legislation. It should be used whenever there is a transfer of real estate ownership, whether for private residences, commercial properties, or land. The agreement includes detailed property descriptions, purchase terms, conditions precedent, warranties, and specific Dutch legal requirements such as the three-day cooling-off period for residential properties. It forms the basis for the notarial deed and subsequent property registration with the Kadaster (Land Registry).
