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Contract To Buy (Real Estate)
"I need a Contract To Buy (Real Estate) for purchasing a mixed-use commercial/residential property in Brussels, with specific provisions for existing tenant rights and a completion date of March 15, 2025."
1. Parties: Identification of the seller(s) and buyer(s) with full legal details as required by Belgian law
2. Background: Context of the sale and brief property history
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including cadastral details, boundaries, and surface area
5. Purchase Price: Agreed purchase price, payment terms, and deposit requirements
6. Property Transfer: Terms and timing of the property transfer, including notarial requirements
7. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with regulations
8. Property Condition: Current state of the property and any known defects
9. Pre-Closing Obligations: Requirements before closing, including obtaining certificates and clearances
10. Closing Requirements: Documentation and steps required for closing, including notarial deed execution
11. Costs and Taxes: Allocation of transaction costs, registration fees, and taxes
12. Default and Remedies: Consequences of breach and available remedies
13. Governing Law: Confirmation of Belgian law application and jurisdiction
1. Mortgage Contingency: To be included when purchase is contingent on buyer obtaining mortgage financing
2. Tenant Rights: Required if property is currently leased to tenants
3. Construction Permits: Needed if property involves pending construction or renovation permits
4. Co-ownership Provisions: Required for apartments or properties with shared facilities
5. Environmental Conditions: Required when property has known environmental issues or specific soil conditions
6. Language Provisions: Required in bilingual regions to address language requirements
7. Pre-emption Rights: Required when there are statutory pre-emption rights (e.g., in certain urban areas)
1. Property Plans: Cadastral plans and property measurements
2. Energy Performance Certificate: Mandatory EPC certificate showing energy efficiency rating
3. Soil Certificate: Required regional soil contamination certificate
4. Urban Planning Certificates: Certificates regarding zoning and building compliance
5. Property Title: Extract from land registry proving ownership
6. Insurance Certificates: Proof of current property insurance
7. Technical Installations Report: Certificates for electrical, gas, and water installations
8. Co-ownership Documents: If applicable, recent co-ownership meeting minutes and regulations
9. Property Photographs: Documentary evidence of property condition at time of agreement
Authors
Property
Purchase Price
Deposit
Closing Date
Notarial Deed
Compromis de Vente/Verkoopcompromis
Completion
Effective Date
Encumbrances
Energy Performance Certificate
Soil Certificate
Urban Planning Certificate
Transfer Date
Business Day
Cadastral Documents
Co-ownership Regulations
Completion Date
Conditions Precedent
Due Diligence Period
Easements
Fixtures and Fittings
Land Registry
Mortgage
Notary
Parties
Permitted Use
Pre-emption Rights
Property Rights
Purchase Deed
Registration Duties
Seller's Warranties
Technical Installations
Title Deed
Transaction Costs
Urban Development Regulations
Warranties
Purchase Price
Payment Terms
Title Transfer
Notarial Requirements
Conditions Precedent
Due Diligence
Warranties and Representations
Property Condition
Environmental Compliance
Urban Planning Compliance
Energy Performance
Registration Requirements
Tax Obligations
Insurance
Risk Transfer
Default and Remedies
Force Majeure
Termination
Assignment
Notices
Costs and Expenses
Entire Agreement
Severability
Governing Law
Jurisdiction
Amendment
Waiver
Language Requirements
Property Rights
Pre-emption Rights
Mortgage Conditions
Technical Compliance
Co-ownership
Real Estate
Legal Services
Financial Services
Construction
Property Development
Architecture
Urban Planning
Environmental Services
Insurance
Banking
Legal
Real Estate
Property Management
Compliance
Risk Management
Investment
Corporate Development
Facilities Management
Finance
Operations
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Notary
Property Developer
Investment Manager
Facilities Manager
Real Estate Investment Analyst
Compliance Officer
Risk Manager
Corporate Counsel
Real Estate Portfolio Manager
Asset Manager
Property Surveyor
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