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LOI (Real Estate)

LOI (Real Estate) Template for Switzerland

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Key Requirements PROMPT example:

LOI (Real Estate)

"I need a LOI (Real Estate) document for the purchase of a residential property in Geneva, Switzerland, with completion scheduled for March 2025, including standard mortgage provisions and consideration for existing tenant rights."

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Document background
The LOI (Real Estate) document serves as a crucial legal instrument for conducting property transactions in Switzerland's sophisticated real estate market. It is specifically designed to comply with Switzerland's unique legal framework, which combines federal regulations with cantonal requirements. This document type is essential for any property transfer in Switzerland, whether residential, commercial, or industrial, and must be executed in accordance with strict formal requirements, including mandatory notarization. The document incorporates provisions from various Swiss legal sources, including the Civil Code (ZGB) and Code of Obligations (OR), while also addressing cantonal specificities. It's particularly important for ensuring compliance with special regulations such as the Lex Koller for foreign buyers or the BGBB for agricultural properties.
Suggested Sections

1. Parties: Identification of all parties involved in the transaction, including full legal names, addresses, and registration details for legal entities

2. Background: Context of the transaction and relevant property history

3. Definitions: Key terms used throughout the document, including property-specific terminology

4. Property Description: Detailed description of the real estate, including land registry details, parcel numbers, and exact measurements

5. Purchase Price: Specific amount, payment terms, and payment schedule

6. Transfer of Ownership: Conditions and process for transferring property title

7. Warranties and Representations: Seller's warranties regarding property condition, encumbrances, and legal status

8. Due Diligence: Buyer's inspection rights and related procedures

9. Costs and Taxes: Allocation of transaction costs, transfer taxes, and notary fees

10. Notarization Requirements: Specifications for official authentication as required by Swiss law

11. Governing Law and Jurisdiction: Confirmation of Swiss law application and competent courts

12. Execution: Signature requirements and execution formalities

Optional Sections

1. Mortgage Provisions: Include when the purchase involves mortgage financing or existing mortgages

2. Lex Koller Compliance: Required when buyer is a foreign person or entity subject to Lex Koller restrictions

3. Tenant Rights: Include when property is subject to existing lease agreements

4. Environmental Provisions: Required when property has known environmental issues or contamination

5. Construction/Renovation Terms: Include for properties under construction or requiring specific renovations

6. Agricultural Land Provisions: Required when property includes agricultural land subject to BGBB

7. Condominium Rules: Include for condominium properties subject to specific ownership rules

8. Easements and Restrictions: Required when property is subject to specific easements or usage restrictions

Suggested Schedules

1. Property Plans: Official land registry plans and property measurements

2. Land Registry Extract: Current extract from the land registry (Grundbuch/Registre foncier)

3. Property Photos: Current photographs of the property and relevant features

4. Building Permits: Copies of existing building permits and related documentation

5. Technical Reports: Building inspection reports, environmental assessments, etc.

6. Existing Contracts: Copies of relevant existing contracts (leases, service agreements, etc.)

7. Payment Schedule: Detailed schedule of payment installments if applicable

8. Insurance Certificates: Property insurance documentation and certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions













































Clauses

































Relevant Industries

Real Estate

Construction

Banking & Financial Services

Hospitality

Retail

Agriculture

Commercial Property

Residential Property

Industrial

Legal Services

Insurance

Environmental Services

Relevant Teams

Legal

Real Estate

Compliance

Risk Management

Operations

Investment

Property Management

Corporate Development

Facilities Management

Transaction Advisory

Asset Management

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Notary Public

Property Developer

Investment Manager

Real Estate Investment Analyst

Real Estate Transaction Manager

Corporate Counsel

Property Portfolio Manager

Real Estate Operations Director

Land Registry Officer

Real Estate Risk 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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