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Real Estate Buy And Sell Agreement
"I need a Real Estate Buy And Sell Agreement under Austrian law for the purchase of a commercial office building in Vienna, with specific provisions for existing tenants and a phased completion schedule planned for March 2025."
1. Parties: Identification and details of the seller and purchaser, including full legal names, addresses, and registration numbers for legal entities
2. Background: Context of the transaction and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the real estate property including address, land register details, property size, and cadastral number
5. Purchase Price: Agreed purchase price, payment terms, and payment schedule
6. Payment Mechanics: Details of how and when payments will be made, including escrow arrangements if applicable
7. Conditions Precedent: Conditions that must be fulfilled before the transaction can complete
8. Seller's Warranties: Warranties regarding property ownership, condition, and absence of encumbrances
9. Property Handover: Terms and process for transferring possession of the property
10. Land Register Registration: Process and requirements for registering the transfer in the land register
11. Costs and Taxes: Allocation of transaction costs, transfer taxes, and registration fees
12. Notices: How formal communications between parties should be made
13. Governing Law: Confirmation of Austrian law as governing law and jurisdiction
14. Signature: Execution blocks for all parties and any required witnesses
1. Mortgage Release: Required if the property has existing mortgages that need to be discharged
2. Foreign Investment Approval: Required if the purchaser is a foreign investor requiring regulatory approval
3. Agent Commission: Include when real estate agents are involved in the transaction
4. Property Management: Required if there are ongoing property management arrangements to be transferred
5. Tenant Provisions: Include if the property is sold with existing tenants
6. VAT Elections: Required if the transaction is subject to VAT and specific elections are made
7. Environmental Provisions: Include if there are known environmental issues or specific requirements
8. Development Rights: Include if there are existing or pending development permits or rights
9. Parking Rights: Required if separate parking rights or garage spaces are included in the sale
1. Property Details: Detailed technical description of the property, including floor plans and land register extract
2. Fixtures and Fittings: Inventory of items included in or excluded from the sale
3. Title Documents: Copies of relevant title documents and land register extracts
4. Existing Tenancies: Details of any existing lease agreements and tenant information
5. Property Certificates: Energy performance certificate and other required property certificates
6. Building Permits: Copies of relevant building permits and certificates
7. Encumbrances: Details of any existing easements, rights of way, or other encumbrances
8. Due Diligence Results: Summary of technical and legal due diligence findings
9. Payment Schedule: Detailed breakdown of payment installments and timing
Authors
Property
Purchase Price
Completion Date
Completion
Business Day
Land Register
Land Register Extract
Encumbrances
Deposit
Transfer Date
Handover Date
Handover Protocol
Seller
Purchaser
Parties
Property Title
Notarial Deed
Transfer Tax
Registration Fee
Cadastral Number
Property Register Number
Easements
Building Permits
Warranties
Material Adverse Change
Permitted Use
Fixtures and Fittings
Property Charges
Due Diligence Period
Signing Date
Effective Date
VAT
Bank Guarantee
Mortgage
Title Documents
Escrow Account
Escrow Agent
Force Majeure
Notices
Working Day
Property Rights
Registration Application
Condition Precedent
Energy Performance Certificate
Utilities
Common Areas
Building Rules
Development Rights
Zoning Requirements
Purchase Price
Payment Terms
Title Transfer
Land Registration
Warranties and Representations
Property Condition
Due Diligence
Seller Obligations
Buyer Obligations
Completion Conditions
Property Handover
Tax Obligations
Cost Allocation
Risk Transfer
Insurance
Default
Termination
Force Majeure
Notices
Assignment
Entire Agreement
Severability
Governing Law
Jurisdiction
Confidentiality
Further Assurance
Amendments
Encumbrances
Environmental Matters
Planning and Zoning
Utilities and Services
Property Management
Tenant Rights
Dispute Resolution
Indemnification
Escrow Arrangements
Registration Requirements
Broker Commissions
Foreign Investment
Anti-Money Laundering
Real Estate
Construction
Banking and Finance
Legal Services
Property Development
Property Management
Investment and Asset Management
Residential Property
Commercial Property
Urban Development
Architecture and Design
Legal
Real Estate
Compliance
Property Management
Asset Management
Investment
Due Diligence
Contract Administration
Risk Management
Corporate Services
Facilities Management
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Property Developer
Investment Manager
Asset Manager
Real Estate Analyst
Transaction Manager
Due Diligence Specialist
Contract Manager
Chief Legal Officer
Real Estate Portfolio Manager
Property Acquisition Manager
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