Agreement To Sell Real Estate Contract Template for Belgium

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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."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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

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

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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