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For Sale By Owner Home Purchase Contract
"I need a For Sale By Owner Home Purchase Contract for selling my holiday chalet in Zermatt to a German buyer, with completion planned for March 2025, including specific provisions for existing ski resort access rights and seasonal rental arrangements."
1. Parties: Identification of the seller and buyer with full legal names, addresses, and citizenship status (relevant for Lex Koller compliance)
2. Background: Brief context of the sale and confirmation that the seller is the registered owner of the property
3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Purchase Price, and other relevant terms
4. Property Description: Detailed legal description of the property including land register details, parcel number, and address
5. Purchase Price: The agreed purchase price, payment terms, and deposit requirements
6. Payment Terms: Schedule of payments, including deposit, down payment, and final payment arrangements
7. Completion Date: The date for completion of the sale and transfer of ownership
8. Property Transfer: Process and requirements for legal transfer of the property in the land register
9. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and property condition
10. Buyer's Acknowledgments: Buyer's confirmation of property inspection and acceptance of condition
11. Costs and Taxes: Allocation of transfer taxes, notary fees, and registration costs
12. Risk and Insurance: Transfer of risk and insurance responsibilities
13. Default Provisions: Consequences of either party's failure to complete the transaction
14. Governing Law: Confirmation of Swiss law application and jurisdiction
15. Execution: Signature requirements including notarization provisions
1. Mortgage Arrangements: Include when buyer is obtaining mortgage financing, detailing conditions and requirements
2. Tenant Provisions: Include when property is currently tenanted, addressing lease transfer or termination
3. Furniture and Fixtures: Include when sale includes specific movable property items
4. Construction Warranties: Include for newer properties with existing constructor warranties to be transferred
5. Environmental Provisions: Include when property has known environmental issues or requirements
6. Parking Rights: Include when separate parking rights or garage spaces are involved
7. Co-ownership Rules: Include for properties in multi-unit buildings with shared ownership elements
1. Property Plan: Official land register extract and property plans
2. Inventory List: Detailed list of any included furniture, fixtures, and fittings
3. Building Inspection Report: Technical assessment of property condition
4. Land Register Extract: Current extract showing ownership and encumbrances
5. Energy Performance Certificate: Mandatory energy efficiency documentation
6. Insurance Certificates: Current building insurance documentation
7. Payment Schedule: Detailed breakdown of payment installments and timing
8. Property Rules: For apartments or condominiums, the applicable house rules and regulations
Authors
Real Estate
Legal Services
Financial Services
Insurance
Public Administration
Construction
Property Management
Banking
Notarial Services
Tax Advisory
Legal
Real Estate
Compliance
Property Administration
Risk Management
Documentation
Finance
Tax Advisory
Property Services
Client Relations
Property Lawyer
Notary Public
Legal Counsel
Real Estate Manager
Property Administrator
Compliance Officer
Tax Advisor
Mortgage Specialist
Land Registry Officer
Real Estate Consultant
Property Surveyor
Building Inspector
Insurance Underwriter
Bank Manager
Legal Administrator
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