Document background
The Apartment Sale Agreement is a crucial legal document used in Swiss real estate transactions for the transfer of apartment ownership. It must comply with strict Swiss legal requirements, including mandatory notarization and specific cantonal regulations. This document is essential when transferring ownership of an apartment in Switzerland, whether between domestic parties or involving international buyers (subject to Lex Koller restrictions). The agreement captures all essential elements of the transaction, including precise property details, purchase price, payment terms, warranties, and completion requirements. It must reflect Swiss-specific elements such as land registry requirements, cantonal property transfer taxes, and condominium association rules. The document serves as the primary record of the transaction terms and ensures legal compliance while protecting both parties' interests under Swiss law.
