Real Estate Term Sheet Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Real Estate Term Sheet

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Real Estate Term Sheet

I need a Real Estate Term Sheet for the purchase of a mixed-use commercial property in Copenhagen with a purchase price of €15 million, including specific conditions about existing tenant arrangements and environmental due diligence to be completed by March 2025.

What is a Real Estate Term Sheet?

A Real Estate Term Sheet is a crucial preliminary document used in Danish property transactions to establish the framework for negotiations and subsequent documentation. It is typically prepared after initial discussions between parties but before detailed due diligence and final contract preparation. The document captures key commercial terms, conditions, and timelines while considering Danish legal requirements and market practices. The term sheet usually includes essential information about the property, financial terms, conditions precedent, and process requirements, while remaining largely non-binding to allow flexibility in negotiations. This document type is particularly important in the Danish real estate market, where property transactions must comply with specific local regulations regarding registration, mortgage financing, and property transfer procedures.

What sections should be included in a Real Estate Term Sheet?

1. Parties: Identification of the seller and purchaser, including full legal names, registration numbers (CVR for companies), and addresses

2. Background: Brief context of the proposed transaction and property overview

3. Definitions: Key terms used throughout the term sheet

4. Property Details: Comprehensive description of the property, including address, land registry details, and property number (matrikelnummer)

5. Purchase Price: Proposed purchase price, payment structure, and any adjustments

6. Due Diligence: Scope, timeline, and process for due diligence investigation

7. Conditions Precedent: Key conditions that must be satisfied before proceeding to final agreement

8. Timeline: Key dates including due diligence period, signing, and closing

9. Transaction Structure: Outline of the proposed transaction structure and key steps

10. Confidentiality: Binding provisions regarding confidentiality of negotiations and information

11. Exclusivity: Any exclusive negotiation periods and terms

12. Costs: Allocation of transaction costs between parties

13. Governing Law: Confirmation of Danish law as governing law

What sections are optional to include in a Real Estate Term Sheet?

1. Financing: Include when purchase is subject to financing arrangements, detailing key financing terms and conditions

2. Environmental Matters: Include for properties with potential environmental concerns or when environmental studies are required

3. Tenant Matters: Include for properties with existing tenants, addressing lease arrangements and tenant rights

4. Development Potential: Include when the property has development potential, outlining zoning and planning considerations

5. Asset Management: Include for properties requiring specific management arrangements post-acquisition

6. Tax Structure: Include when specific tax considerations need to be addressed in the transaction structure

7. Property Management During Interim Period: Include when specific arrangements are needed between signing and closing

8. Break Fee: Include when parties agree to certain compensation if the transaction fails under specific circumstances

What schedules should be included in a Real Estate Term Sheet?

1. Property Description Schedule: Detailed technical description of the property including land plot numbers, building specifications, and area calculations

2. Due Diligence Checklist: List of required documents and investigations for the due diligence process

3. Key Commercial Terms Summary: Summary table of essential commercial terms for quick reference

4. Timeline Schedule: Detailed timeline with all key dates and milestones

5. Existing Encumbrances: List of existing mortgages, easements, and other registered encumbrances

6. Required Approvals: List of required governmental and regulatory approvals

7. Property Plans: Relevant property plans, maps, and drawings

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

Commercial Property

Residential Property

Real Estate Development

Property Investment

Construction

Hospitality

Retail

Industrial

Office Space

Healthcare Facilities

Educational Facilities

Logistics

Mixed-Use Development

Relevant Teams

Legal

Real Estate

Investment

Finance

Acquisitions

Asset Management

Development

Operations

Risk Management

Corporate Development

Due Diligence

Facilities Management

Relevant Roles

Real Estate Director

Property Manager

Investment Manager

Legal Counsel

Corporate Lawyer

Real Estate Broker

Development Director

Asset Manager

Acquisitions Manager

Chief Financial Officer

Real Estate Analyst

Portfolio Manager

Transaction Manager

Property Valuer

Facilities Manager

Real Estate Partner

Investment Director

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

Find the exact document you need

Escrow Agreement (Real Estate)

Danish law-governed agreement establishing escrow arrangements for real estate transactions, defining terms for fund management and property transfer.

find out more

Finders Fee Agreement (Real Estate)

A Danish law-governed agreement establishing terms for compensating a finder who introduces potential buyers or tenants to property owners.

find out more

Contract To Sell Land

A Danish law-governed agreement for the sale and transfer of land ownership, complying with Danish property legislation and registration requirements.

find out more

Real Estate Term Sheet

A preliminary document under Danish law outlining key terms and conditions for a proposed property transaction, serving as the basis for final agreement negotiation.

find out more

One To Four Family Residential Contract

Danish residential property purchase agreement for properties with up to four family units, compliant with Danish property law and transfer regulations.

find out more

Sale Agreement For House

Danish law-governed agreement for residential property sale/purchase, incorporating mandatory property reports and transfer requirements.

find out more

Lease Option Agreement Property

A Danish law-governed agreement combining property lease terms with an option to purchase, establishing rights and obligations for both leasing and potential property acquisition.

find out more

Home Contract Agreement

A Danish law-compliant residential tenancy agreement establishing terms and conditions between landlord and tenant under the Danish Rent Act.

find out more

Lease Listing Agreement

A Danish-law governed agreement between property owner and real estate agent for property listing and tenant procurement services.

find out more

Real Estate Buyout Agreement

A Danish law-governed agreement for transferring real estate ownership, detailing purchase terms, conditions, and compliance requirements.

find out more

Transfer Of Ownership Agreement Property

A Danish law-governed agreement for transferring property ownership between parties, including all necessary terms and compliance requirements under Danish property legislation.

find out more

Option Agreement Land

A Danish law agreement granting the right to purchase specified land within a set period and under defined conditions.

find out more

Vacant Land Lease Agreement

A Danish law-governed agreement establishing terms and conditions for leasing vacant land, detailing rights and obligations of lessor and lessee.

find out more

Private Mortgage Contract

A Danish law-governed agreement establishing terms and conditions for a private mortgage loan secured against real property in Denmark.

find out more

Trust Agreement For Property

A legal agreement under Danish law establishing property management arrangements through trust-like structures, defining trustee duties and beneficiary rights.

find out more

Wholesale Real Estate Contract

A Danish law-governed contract for wholesale real estate transactions between commercial entities, incorporating required elements under Danish property law.

find out more

Property Co Ownership Agreement

Danish law agreement establishing rights and obligations between multiple owners of a single property, including ownership shares and management responsibilities.

find out more

Property Sharing Agreement

A Danish law-governed agreement establishing rights and responsibilities between co-owners of shared property, ensuring clear ownership structure and management framework.

find out more

Land Contract

A Danish law-governed contract for the sale and purchase of land, establishing terms and conditions for property transfer.

find out more

Property Rental Agreement

A legally binding agreement under Danish law establishing terms and conditions for property rental, governed by the Danish Rent Act and related legislation.

find out more

Property Lease Agreement

A Danish law-compliant agreement establishing terms and conditions for leasing property in Denmark, suitable for both residential and commercial use.

find out more

Property Contract

A Danish law-governed contract for the sale and purchase of real property, establishing terms and conditions for property transfer in Denmark.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.