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Land Sale Purchase Agreement
"I need a Land Sale Purchase Agreement for the purchase of a commercial property in Zurich, Switzerland, with a purchase price of 5 million CHF and completion scheduled for March 2025, including specific provisions for existing building permits and development rights."
1. Parties: Identification of the seller and purchaser with full legal names, addresses, and any registration details for legal entities
2. Background: Context of the sale and brief description of the property being transferred
3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Purchase Price, etc.
4. Property Description: Detailed description of the property including land registry details, plot number, size, and boundaries
5. Purchase Price: Agreed purchase price, payment terms, and deposit requirements
6. Payment Terms: Schedule of payments, including deposit, down payment, and final payment arrangements
7. Conditions Precedent: Conditions that must be fulfilled before completion, including obtaining necessary permits and approvals
8. Due Diligence: Buyer's right to inspect property and review documentation
9. Representations and Warranties: Seller's declarations regarding property condition, title, and absence of encumbrances
10. Transfer of Ownership: Process and timing for legal transfer of title and registration in land registry
11. Costs and Taxes: Allocation of notary fees, transfer taxes, and other transaction costs
12. Handover: Timing and process for physical possession transfer and utilities handover
13. Governing Law and Jurisdiction: Confirmation of Swiss law application and competent courts
14. Execution: Notarization requirements and signing process
1. Mortgage Arrangements: Details of existing mortgage discharge or new mortgage arrangements, used when property has existing financing
2. Tenant Provisions: Details about existing tenancies and their treatment, used when property is subject to ongoing leases
3. Environmental Provisions: Specific clauses regarding environmental conditions or contamination, used for industrial properties or known environmental issues
4. Construction Obligations: Details of any pending or required construction work, used for properties under development
5. Foreign Buyer Provisions: Additional provisions required under Lex Koller, used when purchaser is a foreign national
6. Agricultural Land Provisions: Special provisions required for agricultural land sales, used when property is classified as agricultural
7. Easements and Rights of Way: Detailed provisions regarding existing easements, used when property has specific access or utility arrangements
8. Furniture and Fittings: List of included/excluded items, used when sale includes movable property
1. Property Plan: Official land registry extract and property plans
2. Title Documents: Current land register extract and ownership documentation
3. Property Inventory: List of included fixtures, fittings, and equipment if applicable
4. Due Diligence Documents: Building permits, zoning certificates, and technical reports
5. Existing Contracts: Copies of relevant service contracts, warranties, and guarantees
6. Environmental Reports: Any environmental assessments or contamination reports
7. Payment Schedule: Detailed breakdown of payment installments and timing
8. Handover Protocol: Template for recording the physical handover of the property
9. Building Insurance: Current building insurance documentation
Authors
Property
Land Register
Purchase Price
Deposit
Completion Date
Completion
Transfer Date
Seller
Purchaser
Land Registry Extract
Notarial Deed
Encumbrances
Building Insurance
Property Tax
Transfer Tax
Due Diligence Period
Handover Protocol
Warranties
Permitted Use
Cantonal Authority
Property Rights
Easements
Land Registry Office
Notary Public
Business Day
Completion Payment
Title Documents
Environmental Report
Building Regulations
Zoning Requirements
Mortgage
Existing Tenancies
Force Majeure
Material Adverse Change
Property Plan
Utilities
Condition Precedent
Signing Date
Registration Fee
Common Areas
Building Permits
Inspection Period
Holding Costs
VAT
Property Description
Purchase Price
Payment Terms
Deposit
Title Transfer
Land Registry
Representations and Warranties
Due Diligence
Property Condition
Encumbrances
Environmental Compliance
Zoning Compliance
Notarization Requirements
Completion Requirements
Risk Transfer
Insurance
Utilities Transfer
Property Handover
Tax Obligations
Cost Allocation
Foreign Ownership
Agricultural Land Use
Existing Tenancies
Mortgage Arrangements
Default and Remedies
Force Majeure
Notices
Amendment
Assignment
Entire Agreement
Severability
Governing Law
Jurisdiction
Dispute Resolution
Confidentiality
Real Estate
Construction
Agriculture
Hospitality
Retail
Industrial
Commercial Property
Residential Property
Banking and Finance
Legal Services
Environmental Services
Property Development
Infrastructure
Legal
Real Estate
Finance
Corporate Development
Investment
Operations
Facilities Management
Risk Management
Compliance
Property Management
Asset Management
Acquisitions
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Notary Public
Land Registry Officer
Property Developer
Investment Manager
Facilities Manager
Commercial Director
Chief Financial Officer
Real Estate Investment Analyst
Asset Manager
Acquisition Manager
Corporate Lawyer
Property Surveyor
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