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Lease Agreement Sale Of Property Template for Switzerland

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Key Requirements PROMPT example:

Lease Agreement Sale Of Property

"I need a Lease Agreement Sale Of Property for our manufacturing facility in Zurich, where we're selling the property to an investment fund for 5 million CHF but want to continue operating there as tenants for 10 years starting March 2025, with an option to extend for two additional 5-year terms."

Document background
The Lease Agreement Sale Of Property is a specialized legal instrument used in Swiss real estate transactions where a property transfer is immediately followed by a lease arrangement between the new owner and previous owner. This document type is particularly relevant in commercial real estate transactions, corporate restructuring, and sale-leaseback arrangements where companies seek to free up capital while retaining use of their premises. The agreement must comply with Swiss federal and cantonal property laws, including the Swiss Civil Code (ZGB) and Code of Obligations (OR), and may require special consideration of Lex Koller if foreign buyers are involved. It includes detailed provisions for both the property sale (including purchase price, transfer conditions, and warranties) and the subsequent lease arrangement (including rent, term, maintenance obligations, and usage rights), making it a complex but essential document for these specialized transactions.
Suggested Sections

1. Parties: Identification and details of the seller/landlord and buyer/tenant, including full legal names, addresses, and registration details for legal entities

2. Background: Context of the transaction, including brief property history and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the property, including address, land registry details, and included fixtures and fittings

5. Purchase Price and Payment Terms: Sale price, payment schedule, deposit requirements, and payment methods

6. Lease Terms: Duration of lease, rent amount, payment schedule, and rent review provisions

7. Conditions Precedent: Conditions that must be met before the sale and lease become effective

8. Completion Requirements: Steps required for completion of the sale and commencement of the lease

9. Property Usage: Permitted use of the property and any restrictions

10. Maintenance and Repairs: Responsibilities for property maintenance and repairs during the lease period

11. Insurance: Insurance requirements for both parties

12. Termination: Circumstances and procedures for terminating the lease

13. Representations and Warranties: Statements and guarantees made by both parties

14. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

15. Notices: Process for formal communications between parties

16. Signatures: Execution blocks for all parties and witnesses

Optional Sections

1. Foreign Ownership Provisions: Required when buyer is a foreign national, addressing Lex Koller requirements

2. Environmental Provisions: Required when property has specific environmental considerations or contamination history

3. Mortgage Provisions: Include when purchase involves mortgage financing

4. Subletting Rights: Include when tenant requires right to sublet

5. Property Management: Include when specific property management arrangements are needed

6. Development Rights: Include when property has development potential or restrictions

7. Break Clause: Optional provisions for early termination of the lease

8. VAT Elections: Required when transaction is subject to VAT

9. Service Charge Provisions: Include for properties with shared facilities or services

Suggested Schedules

1. Property Plan: Detailed plans and drawings of the property

2. Inventory: List of included fixtures, fittings, and furnishings

3. Land Registry Extract: Official extract from the Swiss land registry

4. Condition Report: Detailed report on property condition at sale/lease commencement

5. Service Charges: Breakdown of service charges and allocation method

6. Building Regulations: Specific building rules and regulations

7. Insurance Certificates: Copies of required insurance policies

8. Environmental Reports: Any environmental surveys or assessments

9. Payment Schedule: Detailed schedule of payment dates and amounts

10. Permitted Alterations: Specifications of allowed modifications to the property

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

Relevant legal definitions

































































Clauses















































Relevant Industries

Real Estate

Property Development

Banking & Finance

Legal Services

Insurance

Construction

Property Management

Hospitality

Retail

Manufacturing

Professional Services

Agriculture

Relevant Teams

Legal

Real Estate

Finance

Operations

Facilities Management

Risk & Compliance

Treasury

Corporate Development

Asset Management

Property Management

Relevant Roles

Real Estate Director

Property Manager

Legal Counsel

Corporate Lawyer

Chief Financial Officer

Facilities Manager

Asset Manager

Investment Manager

Commercial Director

Operations Director

Risk Manager

Company Secretary

Treasury Manager

Real Estate Investment Officer

Property Development Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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