Agreement To Sell Property Template for Belgium

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Key Requirements PROMPT example:

Agreement To Sell Property

"I need an Agreement To Sell Property for a residential house sale in Brussels, with a standard payment structure and completion date of March 15, 2025; the property is currently occupied by tenants who will vacate before the sale."

Document background
The Agreement To Sell Property is a crucial legal instrument in Belgian real estate transactions, required whenever real property is transferred between parties. This document serves as the preliminary agreement (compromis de vente/verkoopcompromis) before the final notarial deed. It must comply with strict Belgian legal requirements, including specific provisions from the Civil Code and regional regulations. The agreement is typically used in both residential and commercial property transactions, requiring careful consideration of various certificates and declarations mandated by Belgian law. It forms the basis for the notary's preparation of the final deed and includes essential elements such as property details, price, conditions, and regulatory compliance confirmations. The document's importance is heightened by Belgian law's requirement for notarial authentication of property transfers and the binding nature of even preliminary agreements in Belgian property transactions.
Suggested Sections

1. Parties: Identification of seller(s) and buyer(s) with full legal details as required under Belgian law

2. Background: Context of the sale and brief property history

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the property including cadastral details, boundaries, and built area

5. Purchase Price: Agreed purchase price, payment structure, and deposit requirements

6. Payment Terms: Detailed payment schedule, method of payment, and escrow arrangements

7. Conditions Precedent: Conditions that must be met before completion, including mortgage approval if applicable

8. Seller's Representations and Warranties: Seller's declarations regarding property title, encumbrances, and compliance with regulations

9. Property Transfer: Terms and process for legal transfer of the property

10. Notarial Deed: Requirements and timeline for executing the notarial deed

11. Costs and Taxes: Allocation of transaction costs, registration duties, and taxes

12. Possession and Risk: Timing and conditions for transfer of possession and risk

13. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction

14. Signatures: Execution blocks for all parties

Optional Sections

1. Mortgage Arrangements: Used when buyer requires mortgage financing, detailing loan conditions and requirements

2. Tenant Rights: Required if the property is currently leased, describing existing tenancy arrangements

3. Renovation Agreement: Include when specific renovations are agreed to be completed before or after sale

4. Co-ownership Provisions: Required for apartments or properties with shared facilities

5. Commercial Usage: Include for properties with commercial designation or mixed usage

6. Environmental Conditions: Required when property has specific environmental considerations or restrictions

7. Planning Permissions: Include when property requires specific planning permits or has pending applications

8. Furniture and Fittings: Used when sale includes specific movable property items

Suggested Schedules

1. Property Plans: Cadastral plans and property measurements

2. Energy Performance Certificate: Mandatory EPC certificate as required by Belgian law

3. Soil Certificate: Mandatory soil quality certificate

4. Urban Planning Certificates: Certificates regarding zoning and planning permissions

5. Property Photographs: Documentary photographs of property condition

6. Inventory: List of included fixtures, fittings, and furniture if applicable

7. Title Documents: Copies of relevant title documents and property history

8. Technical Reports: Any technical or structural surveys completed

9. Tax Certificates: Certificates showing payment of property taxes and other charges

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 legal definitions
Clauses
Relevant Industries

Real Estate

Legal Services

Banking & Finance

Construction

Property Development

Insurance

Professional Services

Hospitality

Retail

Manufacturing

Relevant Teams

Legal

Real Estate

Compliance

Finance

Business Development

Property Management

Corporate Services

Risk Management

Operations

Facilities Management

Relevant Roles

Real Estate Manager

Property Lawyer

Notary

Real Estate Agent

Property Developer

Facility Manager

Legal Counsel

Compliance Officer

Real Estate Investment Manager

Property Portfolio Manager

Business Development Manager

Transaction Manager

Corporate Real Estate Manager

Asset Manager

Property Consultant

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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