Purchase Contract (Real Estate) for the Netherlands

Purchase Contract (Real Estate) Template for Netherlands

A comprehensive legal agreement governed by Dutch law that documents the sale and purchase of real estate property in the Netherlands. This contract, known as 'koopovereenkomst' in Dutch, sets out the terms and conditions of the property transfer, including the purchase price, transfer date, and specific conditions. It must comply with the Dutch Civil Code (Burgerlijk Wetboek) requirements and necessitates execution through a notary. The document includes crucial provisions about property condition, warranties, risk transfer, and both parties' obligations, while incorporating specific Dutch legal concepts and requirements for property transfer.

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What is a Purchase Contract (Real Estate)?

The Purchase Contract (Real Estate) is a fundamental legal document used in the Netherlands for all real estate transactions, whether residential or commercial. This contract type is essential under Dutch law and forms the basis for the subsequent notarial deed of transfer (leveringsakte). It must be used whenever real property is being transferred from one party to another in the Netherlands, encompassing both private and commercial transactions. The document typically includes detailed property descriptions, purchase price, conditions precedent, warranties, and specific provisions required by Dutch law. The involvement of a notary is mandatory for the eventual transfer, and the contract serves as the foundation for the notarial deed. This Purchase Contract (Real Estate) must comply with Books 3 and 7 of the Dutch Civil Code and includes provisions for both mandatory cooling-off periods for residential properties and specific consumer protection measures where applicable.

What sections should be included in a Purchase Contract (Real Estate)?

1. Parties: Identification of the seller and buyer with full legal names, addresses, and other relevant details

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

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

4. Object of Sale: Detailed description of the property including address, land registry details, and included items

5. Purchase Price: Specification of the purchase price, payment terms, and deposit arrangements

6. Transfer of Ownership: Details about the transfer deed (levering) and appointment of notary

7. Current State of the Property: Description of the property's condition and any known defects

8. Use of the Property: Current and permitted use of the property, including relevant zoning information

9. Transfer Date: Specified date for transfer of ownership and conditions for extension

10. Risk Transfer: Moment of transfer of risk and insurance obligations

11. Seller's Warranties: Standard warranties regarding ownership, encumbrances, and property condition

12. Buyer's Warranties: Confirmations regarding financial capacity and understanding of the property's condition

13. Default and Remedies: Consequences of breach and available remedies

14. Notary: Designation of notary and arrangements for completion

15. Costs and Taxes: Distribution of transaction costs and tax obligations

16. Notices: Communication procedures between parties

17. Governing Law: Confirmation of Dutch law application and jurisdiction

18. Signing: Execution provisions and signature blocks

What sections are optional to include in a Purchase Contract (Real Estate)?

1. Financing Condition: Condition precedent regarding buyer's ability to obtain mortgage financing

2. Building Inspection: Provisions for technical inspection of the property

3. Asbestos Clause: Specific provisions regarding presence or removal of asbestos

4. Soil Quality: Provisions regarding soil pollution and investigations

5. Renovation Agreement: Agreements about permitted renovations before or after transfer

6. Rental Situation: Details about existing tenants and rental agreements if applicable

7. Monument Status: Special provisions if the property is a listed monument

8. Energy Performance: Specific agreements about energy labels and improvements

9. Pre-completion Occupation: Arrangements if buyer wishes to occupy before completion

10. Neighbors' Rights: Specific provisions about neighbors' rights or ongoing disputes

What schedules should be included in a Purchase Contract (Real Estate)?

1. Property Description: Detailed description including floor plans and cadastral maps

2. List of Included Items: Inventory of fixtures, fittings, and other items included in the sale

3. Land Registry Extract: Recent extract from the Land Registry (Kadaster)

4. Disclosed Documents: List of all documents provided by seller during due diligence

5. Environmental Reports: Any environmental or soil investigation reports

6. Building Inspection Report: Technical inspection reports if conducted

7. Energy Performance Certificate: Copy of the energy label or performance certificate

8. Photographic Schedule: Photos documenting the current state of the property

9. Planning Documents: Relevant zoning and planning documentation

10. Insurance Certificates: Details of existing insurance and claims history

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

Netherlands

Publisher

Genie AI

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Legal Services

Financial Services

Construction

Property Development

Banking

Insurance

Public Sector

Professional Services

Relevant Teams

Legal

Real Estate

Compliance

Risk Management

Corporate Development

Facilities Management

Asset Management

Property Management

Transaction Advisory

Investment

Operations

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Notary

Legal Counsel

Property Developer

Investment Manager

Asset Manager

Facilities Manager

Real Estate Broker

Corporate Lawyer

Transaction Manager

Real Estate Consultant

Compliance Officer

Risk 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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