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Final Deed Of Sale Template for Switzerland

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Key Requirements PROMPT example:

Final Deed Of Sale

"I need a Final Deed of Sale for my purchase of a residential property in Geneva, Switzerland, from a private seller, with completion scheduled for March 15, 2025, including provisions for an existing tenant who will remain in the property."

Document background
The Final Deed of Sale is the culmination of a real estate transaction in Switzerland, representing the formal transfer of property ownership. This document is required for all real estate transactions in Switzerland and must be executed in accordance with federal and cantonal laws. The deed serves multiple purposes: it documents the final agreement between parties, enables land registry recording, and ensures compliance with Swiss property transfer requirements. The Final Deed of Sale must be notarized and typically follows after preliminary agreements or purchase promises. It contains comprehensive details about the property, purchase terms, and parties involved, while addressing specific Swiss legal requirements such as notarial authentication, land registry regulations, and foreign ownership restrictions where applicable. This document is particularly crucial as it represents the only legally valid means of transferring real property ownership under Swiss law.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, dates of birth, nationality, and registered addresses

2. Background: Brief context of the sale and confirmation of seller's ownership rights

3. Definitions: Key terms used throughout the deed

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

5. Purchase Price: Agreed purchase price, payment terms, and confirmation of payments made

6. Transfer of Ownership: Declaration of transfer of title and conditions for registration

7. Warranties and Representations: Seller's warranties regarding property condition, encumbrances, and legal status

8. Handover: Terms and timing of property possession transfer

9. Taxes and Costs: Allocation of transfer taxes, notary fees, and registration costs

10. Land Register Instructions: Specific instructions for the land registry office

11. Governing Law and Jurisdiction: Confirmation of Swiss law application and competent courts

12. Execution: Formal execution clause and notarial authentication

Optional Sections

1. Mortgage Provisions: Required when there are existing mortgages to be discharged or new mortgages to be registered

2. Lex Koller Compliance: Required when the buyer is a foreign national or entity

3. Tenant Provisions: Required when the property is subject to existing tenancies

4. Environmental Declarations: Required when there are environmental issues or contamination concerns

5. Special Use Rights: Required when there are easements, rights of way, or other special rights to be transferred

6. Construction Obligations: Required when there are ongoing or planned construction works

7. Pre-emption Rights: Required when there are existing pre-emption rights to be addressed

Suggested Schedules

1. Property Extract: Official land registry extract showing current ownership and encumbrances

2. Property Plans: Official cadastral plans and property boundaries

3. Payment Confirmation: Bank confirmations of purchase price payment or escrow arrangements

4. Technical Documentation: Building permits, floor plans, and technical specifications

5. Environmental Reports: Any relevant environmental assessments or contamination reports

6. Insurance Certificates: Current building insurance documentation

7. Tax Clearance: Confirmation of payment of property taxes and other public charges

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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Real Estate

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Real Estate Manager

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