Document background
The Land Purchase Deed is a fundamental legal instrument in Swiss real estate transactions, required whenever real property ownership is transferred between parties. This document must be drafted in compliance with Swiss federal law, particularly the Swiss Civil Code (ZGB) and the Code of Obligations (OR), as well as applicable cantonal regulations. It requires notarization and subsequent registration in the Swiss Land Registry to effect the transfer of ownership. The deed includes essential information such as precise property details, purchase price, payment terms, warranties, and any specific conditions or restrictions. It must address compliance with Lex Koller for foreign buyers and BGBB requirements for agricultural land. The document serves multiple purposes: it evidences the transfer agreement, enables land registry recording, and protects both parties' interests by clearly stating their rights and obligations.
