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For Sale By Owner Purchase Agreement
"I need a For Sale By Owner Purchase Agreement for my luxury chalet in Zermatt, Switzerland, which includes special provisions for the transfer of ski lift access rights and consideration of local restrictions on foreign buyers."
1. Parties: Full legal identification of the seller and buyer, including names, addresses, and any relevant registration numbers
2. Background: Context of the sale and brief description of the property being sold
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including land register details, plot number, address, and size
5. Purchase Price: Agreed purchase price, payment structure, and payment methods
6. Payment Terms: Schedule of payments, deposit requirements, and financing conditions
7. Transfer of Ownership: Process and timing of the property transfer, including registration in the land register
8. Seller's Warranties: Warranties regarding property condition, encumbrances, and legal status
9. Property Condition: Current state of the property and any known defects
10. Costs and Taxes: Allocation of transfer taxes, notary fees, and registration costs
11. Possession and Risk: Date of possession transfer and assumption of risk
12. Representations and Warranties: General representations and warranties from both parties
13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction
14. Execution: Signature blocks and notarization requirements
1. Mortgage Arrangements: Details of existing mortgages and arrangements for their discharge or transfer - include if property has existing mortgage
2. Foreign Buyer Provisions: Additional provisions required under Lex Koller - include if buyer is a foreign person
3. Tenant Provisions: Details of existing tenancies and their treatment - include if property is currently tenanted
4. Construction Obligations: Requirements for ongoing or planned construction - include if property involves incomplete construction
5. Environmental Provisions: Special provisions regarding environmental issues - include if property has known environmental concerns
6. Easements and Rights of Way: Specific provisions regarding existing easements - include if property has significant easements
7. Parking and Storage: Details of parking spaces and storage units - include for apartment/condominium sales
8. Common Property: Rights and obligations regarding common property - include for properties in multi-unit developments
1. Property Details Schedule: Detailed technical description of the property, including exact measurements and boundaries
2. Land Register Extract: Current extract from the land register showing ownership and encumbrances
3. Inventory Schedule: List of fixtures, fittings, and other items included in the sale
4. Payment Schedule: Detailed breakdown of payment installments and timing
5. Property Inspection Report: Technical inspection report detailing property condition
6. Building Insurance Certificate: Current building insurance details and coverage
7. Energy Performance Certificate: Energy efficiency rating and certification
8. Floor Plans and Site Plans: Official plans showing property layout and boundaries
Authors
Real Estate
Legal Services
Banking and Finance
Insurance
Construction
Property Development
Public Administration
Notarial Services
Property Management
Residential Housing
Legal
Real Estate
Property Management
Compliance
Risk Management
Finance
Operations
Administrative Support
Customer Relations
Documentation
Property Owner
Real Estate Lawyer
Notary Public
Legal Counsel
Property Manager
Bank Manager
Mortgage Advisor
Property Surveyor
Tax Consultant
Legal Administrator
Compliance Officer
Property Developer
Building Inspector
Insurance Underwriter
Land Registry Officer
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