Vacant Land Purchase Contract Template for Denmark

The Vacant Land Purchase Contract is a crucial legal document used in Denmark for transactions involving undeveloped land. It is essential for both private and commercial property transactions where vacant land is being transferred from seller to buyer. The document ensures compliance with Danish property law, including the Danish Registration of Property Act, Planning Act, and Environmental Protection Act. This contract type is particularly important as it addresses specific considerations for vacant land, such as development potential, zoning restrictions, environmental conditions, and future use possibilities. It includes comprehensive provisions for due diligence, title transfer, and registration requirements specific to the Danish jurisdiction, while protecting both parties' interests throughout the transaction process.

1. Parties: Identification and details of the seller and purchaser, including full legal names, addresses, and registration numbers for any corporate entities

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, size, boundaries, and registered title number

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

6. Due Diligence: Buyer's right to conduct investigations, timeframes, and conditions for due diligence completion

7. Conditions Precedent: Any conditions that must be satisfied before the purchase becomes binding

8. Seller's Warranties: Warranties regarding ownership, encumbrances, disputes, environmental conditions, and planning status

9. Completion: Details of the completion process, including timing, location, and requirements for transfer of ownership

10. Registration: Provisions regarding the registration of the transfer with the Danish Land Registry

11. Taxes and Costs: Allocation of responsibility for property taxes, registration fees, and transaction costs

12. Notices: How and where formal notices under the agreement must be sent

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

14. Entire Agreement: Standard entire agreement clause confirming this document represents the complete agreement between parties