Document background
The For Sale By Owner Purchase And Sale Agreement is essential for private property transactions in Switzerland where owners choose to sell their property directly without real estate agent intermediation. This document type is particularly relevant in the Swiss market, where property transactions must comply with specific federal and cantonal regulations. It includes all necessary provisions required by Swiss law, such as detailed property description, precise payment terms, and transfer conditions. The agreement must be notarized to be legally valid and requires registration in the Swiss land register. It's designed to protect both parties' interests while ensuring compliance with Swiss property law, including considerations for foreign ownership restrictions (Lex Koller), mortgage arrangements, and local property transfer regulations. This document type is increasingly popular among private sellers seeking to manage their own property sales while maintaining full legal compliance.
