The Contract To Sell Property is a fundamental legal document used in Belgian real estate transactions to formalize the agreement between a property seller and buyer. It serves as the preliminary agreement (compromis de vente/verkoopcompromis) before the final notarial deed. This document is essential when any party wishes to sell or purchase real estate in Belgium, whether residential, commercial, or industrial property. The contract must comply with strict Belgian legal requirements, including specific provisions from the Civil Code and regional regulations. It typically precedes the authentic deed and creates binding obligations for both parties, subject to any conditions precedent. The document is particularly important as it triggers the start of various legal timeframes and obligations under Belgian law, including the payment of deposit and registration duties.
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1. Parties: Identification and details of the seller and buyer, including full legal names, national numbers, addresses, and marital status as required by Belgian law
2. Background: Context of the sale and confirmation of the seller's ownership rights and capacity to sell
3. Definitions: Key terms used throughout the agreement, including property-specific terminology and legal concepts
4. Property Description: Detailed description of the property including cadastral details, boundaries, size, and exact location as registered in Belgian land registry
5. Purchase Price: Specified amount, currency, payment terms, deposit requirements, and escrow arrangements
6. Payment Terms: Detailed schedule of payments, including deposit, balance payment timing, and method of payment
7. Transfer of Ownership: Conditions and timing for legal transfer of property ownership and registration requirements
8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with regulations
9. Property Condition: Current state of the property, including known defects and maintenance status
10. Taxes and Costs: Allocation of registration duties, notary fees, and other transaction costs
11. Completion Requirements: Steps required for completion, including notarial deed requirements
12. Risk and Insurance: Transfer of risk and insurance obligations between parties
13. Governing Law: Confirmation of Belgian law application and jurisdiction
14. Signatures: Execution block with date and parties' signatures
1. Mortgage Arrangements: Include when buyer requires mortgage financing, detailing conditions and timelines
2. Tenant Rights: Include when property is currently leased, addressing existing tenant rights and obligations
3. Renovation Agreements: Include when specific renovations are agreed to be completed before or after sale
4. Furniture and Fittings: Include when sale includes specific movable items or fixtures
5. Environmental Conditions: Include when property has specific environmental concerns or requirements
6. Planning Permissions: Include when property involves ongoing or pending planning applications
7. Agricultural Rights: Include for rural properties with specific agricultural designations or rights
8. Co-ownership Provisions: Include for apartments or properties with shared facilities
9. Language Provisions: Include when contract needs to address language requirements in bilingual regions
1. Property Plan: Cadastral plans and property boundaries
2. Energy Performance Certificate: Mandatory EPC/EPB certificate showing energy efficiency rating
3. Soil Certificate: Required environmental soil quality certificate
4. Urban Planning Certificate: Certificate showing zoning and planning status
5. Property Title: Extract from land registry showing ownership history
6. Inventory: Detailed list of included fixtures, fittings, and furniture if applicable
7. Building Permits: Copies of relevant building permits and certificates
8. Co-ownership Documents: Applicable regulations and recent general assembly minutes for apartments
9. Technical Installations Certificates: Certificates for electrical, gas, water installations
10. Property Photos: Documented condition of property at time of sale
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Banking & Finance
Legal Services
Construction
Property Development
Insurance
Retail
Hospitality
Manufacturing
Professional Services
Agriculture
Public Sector
Relevant Teams
Legal
Real Estate
Facilities Management
Finance
Operations
Risk & Compliance
Corporate Services
Business Development
Asset Management
Property Management
Investment
Tax
Relevant Roles
Real Estate Agent
Property Lawyer
Notary
Legal Counsel
Property Manager
Facilities Manager
Real Estate Developer
Investment Manager
Corporate Counsel
Tax Advisor
Risk Manager
Compliance Officer
Chief Financial Officer
Asset Manager
Property Surveyor
Business Development Manager
Operations Director
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