Agreement To Sell Property Template for Denmark

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Key Requirements PROMPT example:

Agreement To Sell Property

I need an Agreement To Sell Property for a commercial warehouse in Copenhagen, with specific provisions for existing tenant agreements that will continue after the sale, and environmental compliance requirements due to previous industrial use.

Document background
The Agreement To Sell Property is a fundamental legal document used in Danish property transactions to formalize the transfer of real estate ownership. It serves as the primary contract between parties when transferring property rights in Denmark, whether for residential, commercial, or industrial properties. This document is essential for compliance with Danish property law, including the Property Formation Act and Registration Act, and must incorporate specific local legal requirements such as energy certification and property condition reports. The agreement typically includes comprehensive details about the property, price, payment terms, conditions, warranties, and all necessary appendices required by Danish law. It forms the basis for property registration with the Danish Land Registry and is crucial for protecting both buyers' and sellers' interests throughout the transaction process.
Suggested Sections

1. Parties: Identification and details of the seller and buyer, including names, addresses, and registration numbers if applicable

2. Background: Context of the sale and brief description of the property transaction

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

4. Property Description: Detailed description of the property including address, land registry details, and cadastral number

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

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

7. Condition of Property: Current state of the property, known defects, and maintenance status

8. Transfer of Ownership: Date of possession, transfer of title, and registration procedures

9. Seller's Warranties: Seller's representations regarding property ownership, encumbrances, and condition

10. Due Diligence: Buyer's inspection rights and due diligence process

11. Costs and Taxes: Distribution of transaction costs, registration fees, and property taxes

12. Default and Remedies: Consequences of breach and available remedies for both parties

13. Governing Law: Confirmation of Danish law application and jurisdiction

14. Signatures: Execution blocks for all parties and witnesses

Optional Sections

1. Mortgage Arrangements: Details of existing mortgages and arrangements for their discharge or transfer

2. Tenant Rights: Information about existing tenancies and their treatment post-sale

3. Environmental Matters: Specific environmental issues or obligations affecting the property

4. Planning Permissions: Details of existing planning permissions or restrictions

5. Property Management: Interim management arrangements between agreement and completion

6. Fixtures and Fittings: Detailed list of items included or excluded from the sale

7. Development Rights: Any existing development rights or obligations

8. Service Contracts: Treatment of existing service contracts and maintenance agreements

Suggested Schedules

1. Property Details: Comprehensive property description including boundaries and land registry extract

2. Title Documents: Copies of relevant title documents and land registry information

3. Energy Performance Certificate: Mandatory energy performance rating and certificate

4. Property Condition Report: Technical assessment of property condition (Tilstandsrapport)

5. Insurance Information: Details of existing insurance and claims history

6. Property Plans: Floor plans, site plans, and relevant architectural drawings

7. Inventory List: Detailed list of included fixtures, fittings, and furniture if applicable

8. Environmental Reports: Any environmental surveys or assessments

9. Building Permits: Copies of relevant building permits and certificates

10. Property Charges: Details of property taxes, utilities, and other ongoing 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

Banking and Finance

Legal Services

Construction

Property Development

Insurance

Agriculture

Retail

Hospitality

Industrial

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Asset Management

Investment

Operations

Facilities

Risk Management

Finance

Corporate Services

Transactions

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Property Developer

Asset Manager

Facilities Manager

Investment Manager

Real Estate Broker

Property Surveyor

Contract Manager

Real Estate Investment Analyst

Transaction Manager

Due Diligence Specialist

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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