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Apartment Sale And Purchase Agreement
"I need an Apartment Sale and Purchase Agreement under Austrian law for the sale of my privately-owned 2-bedroom apartment in Vienna's 3rd district, with completion scheduled for March 15, 2025, and including provisions for the transfer of one parking space."
1. Parties: Identification of the seller(s) and buyer(s) with full legal names, addresses, and registration details if applicable
2. Background: Context of the transaction, including brief description of the property and intention to sell/purchase
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the apartment, including land register details, size, location, and included fixtures/fittings
5. Purchase Price: Specification of the purchase price, payment terms, and payment schedule
6. Payment Method: Details of how payments will be made, including escrow arrangements if applicable
7. Transfer of Ownership: Conditions and process for transferring property ownership, including land register requirements
8. Handover: Terms and conditions for the physical handover of the property
9. Warranties and Representations: Seller's warranties regarding property condition, encumbrances, and legal status
10. Costs and Taxes: Allocation of transaction costs, transfer taxes, and registration fees
11. Default and Remedies: Consequences of breach and available remedies
12. Governing Law and Jurisdiction: Confirmation of Austrian law application and jurisdiction
13. Execution: Signature blocks and notarization requirements
1. Mortgage and Financing: Include when buyer is obtaining mortgage financing, specifying conditions and requirements
2. Condition Precedents: Include when completion is subject to specific conditions (e.g., mortgage approval, building inspection)
3. Property Management: Include for apartments in managed complexes, detailing ongoing management arrangements
4. Parking and Storage: Include when separate parking spaces or storage units are part of the sale
5. Renovation and Alterations: Include when specific renovations are agreed upon as part of the sale
6. Common Areas: Include detailed provisions about common areas when selling within a larger complex
7. Energy Performance: Include when specific energy performance guarantees or certificates are part of the transaction
8. Pre-emptive Rights: Include when other parties (e.g., co-owners) have pre-emptive rights to purchase
1. Floor Plan: Detailed floor plan of the apartment and any associated areas
2. Land Register Extract: Current extract from the land register (Grundbuchauszug)
3. Inventory List: Detailed list of fixtures, fittings, and any furniture included in the sale
4. Property Photos: Documentation of the property's condition at time of sale
5. Energy Performance Certificate: Current energy performance certificate (Energieausweis)
6. Building Inspection Report: Technical inspection report if conducted
7. Property Rules: House rules and regulations for the apartment complex
8. Historical Maintenance Records: Documentation of past maintenance and repairs
Authors
Property
Purchase Price
Completion Date
Completion
Transfer Date
Land Register
Property Register Number
Cadastral District
Common Areas
Share in Common Property
Exclusive Use Areas
Fixtures and Fittings
Building Rules
Management Agreement
Deposit
Due Diligence Period
Encumbrances
Force Majeure
Handover Protocol
Maintenance Charges
Operating Costs
Permitted Use
Purchase Tax
Registration Fee
Reserve Fund
Security Interest
Title Deed
Transfer of Ownership
Utilities
WEG
ABGB
Business Day
Material Adverse Change
Notarial Deed
Payment Date
Signing Date
Warranty Period
Building Administrator
Condominium Association
Energy Performance Certificate
Easements
Mortgage
Property Manager
Real Estate Agent
Service Charges
Unit
Usable Floor Area
Purchase Price
Payment Terms
Title Transfer
Property Handover
Warranties and Representations
Condition of Property
Due Diligence
Common Areas
Insurance
Default and Remedies
Force Majeure
Assignment
Notices
Costs and Taxes
Registration
Succession
Entire Agreement
Severability
Amendments
Governing Law
Jurisdiction
Notarization
Risk Transfer
Property Management
Utilities
Maintenance
Encumbrances
Pre-emptive Rights
Deposit
Escrow
Environmental Compliance
Energy Performance
Building Regulations
Condominium Rules
Termination
Further Assurance
Dispute Resolution
Real Estate
Property Development
Banking & Finance
Legal Services
Property Management
Construction
Insurance
Professional Services
Residential Property
Legal
Real Estate
Property Management
Compliance
Finance
Operations
Sales
Investment
Asset Management
Risk Management
Real Estate Agent
Property Lawyer
Notary
Property Manager
Real Estate Developer
Legal Counsel
Mortgage Advisor
Real Estate Investment Manager
Property Valuation Expert
Compliance Officer
Real Estate Transaction Manager
Property Portfolio Manager
Real Estate Operations Director
Contract Administrator
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