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Agreement For Sale Of Plot Template for Switzerland

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Key Requirements PROMPT example:

Agreement For Sale Of Plot

"I need an Agreement For Sale Of Plot for the purchase of a 2,500 square meter industrial plot in Canton Zurich, with completion scheduled for March 15, 2025, and including specific provisions for existing utility easements."

Document background
The Agreement For Sale Of Plot is a fundamental legal document used in Swiss real estate transactions for transferring ownership of land between parties. It must comply with strict Swiss legal requirements, including mandatory execution as a public deed under Article 216 of the Code of Obligations. This document is essential when any party wishes to sell or purchase a plot of land in Switzerland, whether for personal, commercial, or industrial use. It contains crucial information about the property, parties, price, payment terms, and conditions of sale, while ensuring compliance with federal laws (including Lex Koller for foreign buyers), cantonal regulations, and land registry requirements. The agreement serves as the basis for the official property transfer process and must address various aspects such as environmental considerations, zoning requirements, and existing encumbrances to create a legally binding and enforceable contract.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and registration details if applicable

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

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

4. Property Description: Detailed description of the plot including land registry details, plot number, size, and exact location

5. Purchase Price: Agreed purchase price and currency

6. Payment Terms: Payment schedule, method of payment, and any deposit requirements

7. Transfer of Ownership: Process and conditions for transferring legal title

8. Representations and Warranties: Seller's declarations regarding property ownership, encumbrances, and condition

9. Costs and Taxes: Allocation of notary fees, land registry fees, transfer taxes, and other transaction costs

10. Completion: Conditions and process for completing the transaction

11. Default and Termination: Consequences of breach and conditions for termination

12. Notices: Process for formal communications between parties

13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

14. Execution: Signature requirements and notarization provisions

Optional Sections

1. Environmental Matters: Specific provisions regarding environmental conditions and liabilities, used when there are known environmental issues

2. Planning and Zoning: Details of current zoning and development potential, included when relevant to the buyer's intended use

3. Lex Koller Compliance: Required when the buyer is a foreign national or entity, addressing compliance with foreign ownership restrictions

4. Existing Tenancies: Details of any existing lease agreements, included when the plot has current tenants

5. Conditions Precedent: Specific conditions that must be met before completion, used when the sale is subject to particular requirements

6. Easements and Rights of Way: Details of existing easements or rights of way, included when applicable

7. Development Obligations: Used when the sale includes specific requirements for future development

8. Soil Conditions: Specific provisions regarding soil quality and contamination, included when relevant

Suggested Schedules

1. Property Plan: Official cadastral plan showing the plot boundaries and location

2. Land Registry Extract: Current extract from the land registry showing ownership and encumbrances

3. Payment Schedule: Detailed breakdown of payment installments and timing

4. Property Photographs: Current photographs of the plot and any existing structures

5. Environmental Reports: Any existing environmental assessment reports

6. Planning Certificates: Current zoning certificates and planning permissions

7. Utility Plans: Plans showing existing utility connections and easements

8. Title Documents: Copies of relevant historical title documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Teams

Legal

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Corporate Development

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Real Estate Manager

Property Developer

Legal Counsel

Corporate Lawyer

Facilities Manager

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