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Simple Land Purchase Agreement
"I need a Simple Land Purchase Agreement for acquiring a 2,500 square meter plot of agricultural land in Noord-Brabant, Netherlands, with completion planned for March 2025; the agreement should include specific provisions for existing farming rights and irrigation systems."
1. Parties: Identification and details of the Seller and Buyer, including full legal names, addresses, and registration numbers for legal entities
2. Background: Brief context of the transaction and confirmation that the Seller wishes to sell and the Buyer wishes to purchase the Property
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Purchase Price', 'Transfer Date', and other relevant definitions
4. Object of Sale: Detailed description of the property being sold, including cadastral details, address, and size
5. Purchase Price: Agreed purchase price, payment terms, deposit requirements, and payment method
6. Transfer of Ownership: Conditions and timing for the transfer of ownership, including the role of the notary and registration requirements
7. State of the Property: Current condition of the property and any known defects or issues
8. Use of the Property: Current and permitted use of the property, including any relevant zoning information
9. Transfer and Costs: Attribution of transfer costs, including notary fees, transfer tax, and registration costs
10. Representations and Warranties: Standard warranties from both parties, including Seller's right to sell and property condition warranties
11. Completion: Requirements and conditions for completion of the sale, including documentation requirements
12. Default and Termination: Consequences of breach and conditions for termination of the agreement
13. Governing Law and Jurisdiction: Confirmation of Dutch law as governing law and jurisdiction for disputes
1. Mortgage and Financing: To be included when the purchase is subject to financing conditions or existing mortgages need to be discharged
2. Environmental Provisions: Required when there are known environmental issues or specific environmental investigations are needed
3. Tenancy Provisions: Include when the property is currently leased or has sitting tenants
4. Agricultural Provisions: Required for agricultural land or when specific farming rights are attached to the property
5. Monument Status: Include when the property is a listed building or monument with special protection
6. Rights of First Refusal: Include when there are existing rights of first refusal that need to be addressed
7. Planning and Development: Required when future development plans or pending zoning changes affect the property
8. Easements and Servitudes: Include when specific rights or restrictions run with the land
1. Property Description: Detailed technical description of the property, including maps, plans, and cadastral extracts
2. Title Documents: List of relevant title documents and registration details
3. Inventory: List of any items included in the sale (if applicable)
4. Environmental Reports: Copies or summaries of environmental investigations or reports
5. Planning Documents: Relevant zoning certificates and planning permissions
6. Property Photographs: Current photographs documenting the state of the property
7. Existing Contracts: Copies of relevant existing contracts affecting the property (e.g., maintenance contracts)
8. Land Registry Extract: Recent extract from the Land Registry (Kadaster) showing current ownership and encumbrances
Authors
Real Estate
Agriculture
Commercial Property
Residential Property
Industrial
Retail
Hospitality
Infrastructure
Urban Development
Construction
Investment
Banking and Finance
Legal
Real Estate
Property Management
Acquisitions
Development
Finance
Compliance
Risk Management
Corporate Services
Investment
Operations
Real Estate Manager
Property Developer
Legal Counsel
Notary
Real Estate Agent
Property Investment Manager
Land Surveyor
Commercial Director
Facilities Manager
Asset Manager
Transaction Manager
Development Director
Property Lawyer
Compliance Officer
Risk Manager
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