Deed Of Sale Form Template for Austria

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Key Requirements PROMPT example:

Deed Of Sale Form

"I need a Deed of Sale Form under Austrian law for selling my Vienna apartment to a private buyer, with completion planned for March 2025 and including standard residential property warranties."

Document background
The Deed of Sale Form is a crucial legal instrument in Austrian property transactions, used to document and execute the transfer of real estate ownership. This document is essential when any type of property, whether residential, commercial, or land, is being sold in Austria. The deed must comply with strict requirements under the Austrian Civil Code (ABGB) and Land Register Act, including mandatory notarization. It contains detailed information about the property, parties involved, purchase price, payment terms, and specific conditions of sale. The document serves as the foundation for property registration in the land register (Grundbuch) and is required by Austrian authorities to legally complete the property transfer process.
Suggested Sections

1. Parties: Detailed identification of the seller(s) and buyer(s) including full legal names, addresses, and registration numbers for legal entities

2. Property Description: Precise legal description of the property including land register details, cadastral number, property address, and size

3. Sale Price and Payment Terms: Specified purchase price, payment method, and schedule of payments

4. Transfer of Ownership: Terms and conditions for the transfer of title, including registration in the land register

5. Representations and Warranties: Seller's declarations regarding property condition, encumbrances, and legal status

6. Handover Conditions: Terms for physical possession transfer and utilities handover

7. Costs and Taxes: Allocation of transfer taxes, registration fees, and other transaction costs

8. Execution Requirements: Notarization requirements and signing provisions

Optional Sections

1. Mortgage Release: Required when the property has existing mortgages that need to be cleared

2. Tenant Provisions: Needed when the property is subject to existing tenancy agreements

3. Construction Obligations: Required when the property includes incomplete construction or renovation obligations

4. Environmental Provisions: Necessary when there are environmental issues or contamination concerns

5. Right of First Refusal: Optional clause giving specified parties priority rights for future sale

6. Easements and Rights: Required when specific easements or rights need to be preserved or created

Suggested Schedules

1. Property Plan: Cadastral maps and property plans from the land register

2. Land Register Extract: Current extract showing ownership and encumbrances

3. Property Photographs: Current photographs documenting the property condition

4. Inventory List: List of fixtures and fittings included in the sale

5. Energy Certificate: Mandatory energy performance certificate for buildings

6. Building Permits: Copies of relevant building permits and certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Legal Services

Banking and Finance

Construction

Property Development

Public Administration

Professional Services

Agriculture (for land sales)

Retail (for commercial property)

Industrial Manufacturing

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Operations

Finance

Tax

Administration

Investment

Risk Management

Relevant Roles

Legal Counsel

Real Estate Manager

Property Lawyer

Notary Public

Real Estate Agent

Property Developer

Compliance Officer

Tax Advisor

Property Manager

Land Registry Officer

Real Estate Investment Manager

Contract Administrator

Legal Administrator

Corporate Counsel

Property Acquisition Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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