Document background
The Contract For Buying A House is a fundamental legal document used in Swiss property transactions to transfer ownership of residential real estate from one party to another. This document is essential in Switzerland's precise and highly regulated property market, where all real estate transactions must be notarized and recorded in the land registry. The contract must comply with federal laws (including the Swiss Civil Code and Code of Obligations) as well as specific cantonal requirements. It typically includes comprehensive details about the property, parties involved, purchase price, payment structure, warranties, and transfer conditions. The document is designed to protect both buyer and seller interests while ensuring compliance with Swiss property law, mortgage regulations, and anti-money laundering requirements. It serves as the primary reference for all aspects of the property transfer and is crucial for land registry recording purposes.
