Registered Agreement For Sale for Switzerland

Registered Agreement For Sale Template for Switzerland

A Registered Agreement For Sale under Swiss law is a formal legal document that governs the transfer of real estate property ownership. This document, which must comply with both federal Swiss law and specific cantonal requirements, outlines the terms and conditions of the property sale, including detailed property description, purchase price, payment terms, and transfer conditions. It requires notarization and official registration in the Swiss land registry (Grundbuch) to be legally effective. The agreement incorporates specific provisions required by Swiss property law, including compliance with Lex Koller for foreign buyers where applicable, and addresses all necessary elements for a valid property transfer under Swiss jurisdiction.

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What is a Registered Agreement For Sale?

The Registered Agreement For Sale is a crucial document in Swiss real estate transactions, used whenever there is a transfer of real property ownership. This agreement type is specifically designed to meet the stringent requirements of Swiss property law, including both federal and cantonal regulations. It serves as the primary document for recording the terms and conditions of property sales, ensuring compliance with Swiss Civil Code (ZGB) and Code of Obligations (OR) requirements. The document must be notarized and registered with the land registry (Grundbuch) to effect the legal transfer of property ownership. It includes essential elements such as precise property identification, payment terms, warranties, and specific provisions required by Swiss law, such as Lex Koller compliance for foreign buyers. The agreement's format and content are carefully structured to ensure acceptance by Swiss authorities and to provide legal certainty for all parties involved in the transaction.

What sections should be included in a Registered Agreement For Sale?

1. Parties: Detailed identification of the seller and buyer, including full legal names, addresses, and any registration numbers for legal entities

2. Background: Context of the sale, including brief property history and purpose of the transaction

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

4. Property Description: Detailed description of the property including land registry details, plot number, size, and exact location

5. Purchase Price: Specification of the purchase price, currency, and payment structure

6. Payment Terms: Detailed payment schedule, deposit requirements, and financing conditions

7. Transfer of Ownership: Conditions and process for the transfer of property ownership

8. Warranties and Representations: Seller's warranties regarding property condition, encumbrances, and legal status

9. Costs and Taxes: Allocation of transaction costs, taxes, and fees between parties

10. Registration Requirements: Specific requirements for land registry registration

11. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

12. Execution: Formal execution requirements including notarization provisions

What sections are optional to include in a Registered Agreement For Sale?

1. Condition Precedents: Used when the sale is subject to specific conditions such as obtaining financing or permits

2. Foreign Buyer Provisions: Required when the buyer is a foreign national, addressing Lex Koller requirements

3. Existing Tenancies: Included when the property has existing tenants and their rights need to be addressed

4. Environmental Provisions: Required when there are environmental issues or contamination concerns

5. Construction/Renovation Obligations: Included when the sale involves incomplete construction or required renovations

6. Rights of First Refusal: Used when there are pre-existing rights of first refusal or when new ones are being created

7. Mortgage Assumption: Required when existing mortgages are being transferred to the buyer

What schedules should be included in a Registered Agreement For Sale?

1. Property Plans: Official cadastral plans and property boundaries

2. Land Registry Extract: Current extract from the land registry showing ownership and encumbrances

3. Payment Schedule: Detailed breakdown of payment installments and timing

4. Property Inventory: List of included fixtures, fittings, and other items included in the sale

5. Due Diligence Documents: Technical reports, building permits, and other relevant documentation

6. Mortgage Documents: Details of existing mortgages and related obligations

7. Insurance Certificates: Current property insurance documentation

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

Jurisdiction

Switzerland

Publisher

Genie AI

Document Type

Sales Contract

Sector

Sales

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Construction

Property Development

Banking and Finance

Legal Services

Insurance

Investment

Hospitality

Retail

Industrial

Agricultural

Commercial Property

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Investment

Due Diligence

Finance

Risk Management

Operations

Business Development

Asset Management

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Notary Public

Land Registrar

Property Developer

Investment Manager

Real Estate Investment Advisor

Compliance Officer

Real Estate Portfolio Manager

Property Acquisition Manager

Real Estate Transaction Manager

Due Diligence Specialist

Real Estate Finance 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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