Vacant Land Purchase Agreement Template for Denmark

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Key Requirements PROMPT example:

Vacant Land Purchase Agreement

I need a Vacant Land Purchase Agreement under Danish law for acquiring a 5,000 square meter plot in Copenhagen's industrial zone for commercial development, with completion planned for March 2025 and specific environmental assessment conditions.

Document background

The Vacant Land Purchase Agreement is a crucial legal document used in Danish real estate transactions specifically for undeveloped land transfers. It is essential when any party wishes to purchase vacant land in Denmark, whether for development, investment, or personal use. The agreement must comply with Danish property law requirements, including specific provisions for land registration (tinglysning), environmental declarations, and planning regulations. This document typically includes comprehensive details about the property, purchase terms, environmental conditions, and development restrictions, while ensuring compliance with Danish consumer protection laws when applicable. The agreement is particularly important as it forms the basis for the formal registration of ownership transfer in the Danish Land Registry and includes mandatory declarations regarding soil contamination and environmental matters as required by Danish law.

Suggested Sections

1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and registration numbers for companies

2. Background: Context of the transaction and brief description of the vacant land being sold

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

4. Property Description: Detailed description of the vacant land including cadastral number, area, boundaries, and registered easements

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

6. Due Diligence: Buyer's right to conduct investigations and seller's obligation to provide documentation

7. Conditions Precedent: Conditions that must be satisfied before completion, including obtaining necessary permits

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

9. Environmental Matters: Declarations regarding soil contamination and environmental conditions as required by Danish law

10. Completion: Process for completing the transaction, including registration requirements and transfer of ownership

11. Transfer of Risk: Timing of risk transfer and insurance responsibilities

12. Taxes and Costs: Allocation of property taxes, registration fees, and transaction costs

13. Notices: Process for giving formal notices under the agreement

14. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes

Optional Sections

1. Development Rights: Details of any existing development rights or planning permissions, used when the land has specific development potential

2. Agricultural Provisions: Special provisions required when the land is classified as agricultural land under Danish law

3. Access Rights: Details of temporary access arrangements, included when the land requires access over third-party property

4. Mineral Rights: Provisions regarding mineral rights if relevant to the property

5. Planning Conditions: Specific conditions related to existing or required planning permissions, used when development is contemplated

6. Groundwater Protection: Special provisions for land in groundwater protection zones

7. Subdivision Requirements: Included when the land needs to be subdivided before or after completion

Suggested Schedules

1. Property Plan: Cadastral map and property boundaries

2. Title Documentation: Copy of land registry extract (tingbogsattest) and other title documents

3. Environmental Reports: Soil contamination reports and environmental surveys

4. Planning Documents: Relevant planning certificates and zoning information

5. Utility Information: Details of available utilities and connection points

6. Easements and Restrictions: Copies of registered easements and public restrictions

7. Property Taxes: Statement of current property taxes and assessments

8. Due Diligence Results: Summary of technical and legal due diligence findings

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Construction

Property Development

Agriculture

Industrial Development

Commercial Property

Residential Development

Infrastructure

Renewable Energy

Urban Planning

Relevant Teams

Legal

Real Estate

Property Development

Environmental Compliance

Finance

Risk Management

Corporate Development

Investment

Planning and Zoning

Acquisitions

Relevant Roles

Real Estate Director

Property Developer

Legal Counsel

Land Acquisition Manager

Environmental Compliance Officer

Development Manager

Real Estate Agent

Property Lawyer

Project Manager

Investment Manager

Construction Manager

Urban Planner

Chief Financial Officer

Real Estate Investment Analyst

Sustainability Manager

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Vacant Land Purchase Agreement

Authors

Alex Denne

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