The Agreement To Sell Real Estate Contract is a crucial document in Belgian property transactions, required whenever real estate ownership is transferred between parties. This document type is governed by Belgian law and must conform to both federal and regional regulations, including the reformed Belgian Civil Code of 2020. It serves as the initial binding agreement between parties before the mandatory notarial deed, capturing all essential elements of the transaction such as property details, price, conditions, and regulatory compliance requirements. The agreement must include specific certificates and declarations required by Belgian law, such as energy performance certificates, soil certificates, and urban planning documentation. This document type is particularly important as it creates binding obligations for both parties and typically includes a deposit payment requirement, making it a crucial step in the property transfer process.
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Key Requirements PROMPT example:
Agreement To Sell Real Estate Contract
"I need an Agreement To Sell Real Estate Contract under Belgian law for the sale of a commercial warehouse property in Brussels, with specific provisions for existing tenant rights and environmental compliance requirements, targeting completion by March 2025."
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1. Parties: Identification of the seller(s) and buyer(s) with full legal details including national numbers
2. Background: Context of the sale and confirmation that the seller is the rightful owner
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including cadastral details, size, and boundaries
5. Purchase Price: Agreed purchase price, payment structure, and deposit arrangements
6. Conditions Precedent: Conditions that must be met before the sale becomes final, including mortgage approval if applicable
7. Completion: Details of the notarial deed execution process and timeline
8. Seller's Warranties: Warranties regarding property ownership, absence of disputes, and compliance with regulations
9. Property Condition: Statement on the condition of the property and any known defects
10. Costs and Taxes: Allocation of transaction costs, registration duties, and notary fees
11. Risk and Insurance: Transfer of risk and insurance obligations
12. Governing Law and Jurisdiction: Confirmation of Belgian law application and competent courts
1. Tenant Rights: Required if the property is currently leased, detailing existing tenancy arrangements
2. Mortgage Release: Required if there are existing mortgages to be discharged
3. Construction Provisions: Required for properties under construction or requiring specific works before completion
4. Co-ownership Provisions: Required for apartments or properties with shared facilities
5. Environmental Provisions: Required if there are specific environmental concerns or remediation requirements
6. Urban Planning Conditions: Required if there are pending urban planning changes or restrictions
7. Language Provisions: Required in bilingual regions to address language requirements
1. Property Plans: Cadastral plans and property measurements
2. Energy Performance Certificate: Mandatory energy performance assessment
3. Soil Certificate: Required certificate regarding soil quality and pollution status
4. Urban Planning Certificates: Certificates regarding zoning and building permissions
5. Inventory of Fixtures: Detailed description of property condition and included fixtures
6. Technical Installations Certificates: Certificates for electrical, gas, and other technical installations
7. Co-ownership Documents: If applicable, recent co-ownership meeting minutes and regulations
8. Property Title History: 30-year title history as required by Belgian law
Authors
Relevant legal definitions
Agreement
Property
Completion Date
Deposit
Notarial Deed
Purchase Price
Completion
Business Day
Cadastral References
Transfer Date
Parties
Seller
Buyer
Notary
Charges
Encumbrances
Co-ownership
Common Parts
Energy Performance Certificate
Soil Certificate
Urban Planning Certificate
Building Permit
Registration Duties
Mortgage
Force Majeure
Material Adverse Change
Permitted Use
Private Parts
Property Rights
Title Deed
Completion Payment
Effective Date
Environmental Laws
Fixtures and Fittings
Insurance
Land Register
Mortgage Register
Planning Permissions
Pre-emption Rights
Property Tax
Regional Regulations
Signing Date
Technical Installations
Title Documents
Utilities
Warranty Period
Property
Completion Date
Deposit
Notarial Deed
Purchase Price
Completion
Business Day
Cadastral References
Transfer Date
Parties
Seller
Buyer
Notary
Charges
Encumbrances
Co-ownership
Common Parts
Energy Performance Certificate
Soil Certificate
Urban Planning Certificate
Building Permit
Registration Duties
Mortgage
Force Majeure
Material Adverse Change
Permitted Use
Private Parts
Property Rights
Title Deed
Completion Payment
Effective Date
Environmental Laws
Fixtures and Fittings
Insurance
Land Register
Mortgage Register
Planning Permissions
Pre-emption Rights
Property Tax
Regional Regulations
Signing Date
Technical Installations
Title Documents
Utilities
Warranty Period
Clauses
Identification of Parties
Property Description
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Title Transfer
Representations and Warranties
Conditions Precedent
Due Diligence
Property Condition
Compliance with Regulations
Environmental Compliance
Urban Planning
Insurance
Risk Transfer
Costs and Taxes
Registration Requirements
Notarial Requirements
Property Rights
Encumbrances
Pre-emption Rights
Certificates and Permits
Co-ownership
Utilities
Completion
Default
Termination
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Amendment
Governing Law
Jurisdiction
Language
Property Description
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Title Transfer
Representations and Warranties
Conditions Precedent
Due Diligence
Property Condition
Compliance with Regulations
Environmental Compliance
Urban Planning
Insurance
Risk Transfer
Costs and Taxes
Registration Requirements
Notarial Requirements
Property Rights
Encumbrances
Pre-emption Rights
Certificates and Permits
Co-ownership
Utilities
Completion
Default
Termination
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Amendment
Governing Law
Jurisdiction
Language
Relevant Industries
Real Estate
Construction
Property Development
Banking and Finance
Legal Services
Insurance
Retail
Hospitality
Manufacturing
Healthcare
Education
Professional Services
Relevant Teams
Legal
Real Estate
Compliance
Finance
Risk Management
Operations
Business Development
Facilities Management
Corporate Services
Property Management
Relevant Roles
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Notary
Corporate Lawyer
Real Estate Development Manager
Investment Manager
Facilities Manager
Property Surveyor
Transaction Manager
Risk Manager
Contract Administrator
Business Development Manager
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