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Sales Contract For House
"I need a Sales Contract For House for a residential property sale in Zurich, Switzerland, with completion planned for March 2025, where both parties are Swiss residents and there's an existing tenant whose rights need to be preserved."
1. Parties: Identification of seller(s) and buyer(s) with full legal names, addresses, and identification numbers
2. Background: Context of the sale and brief property history
3. Definitions: Key terms used throughout the contract
4. Property Description: Detailed description of the property including land register details, plot number, address, and size
5. Purchase Price: Agreed purchase price, payment terms, and schedule of payments
6. Payment Method and Security: Details of how payment will be made, including escrow arrangements and mortgage details
7. Transfer of Ownership: Process and timing of ownership transfer, including land registry requirements
8. Warranties and Representations: Seller's warranties regarding property condition, ownership, and encumbrances
9. Property Condition: Current state of the property and any known defects
10. Handover: Terms and timing of property possession transfer
11. Costs and Taxes: Allocation of transaction costs, taxes, and fees between parties
12. Insurance and Risk: Transfer of insurance obligations and risk allocation
13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction
14. Notarization: Acknowledgment of notarial requirements and process
1. Mortgage Assumption: Terms for assuming existing mortgage, if applicable
2. Tenant Rights: Details of existing tenancy agreements if property is currently rented
3. Foreign Buyer Provisions: Special provisions required under Lex Koller for foreign buyers
4. Renovation Agreement: Terms for any agreed renovations to be completed before or after sale
5. Contingencies: Specific conditions that must be met for the sale to proceed
6. Environmental Provisions: Special terms relating to environmental issues or contamination
7. Rights of Way and Easements: Details of specific easements or rights affecting the property
8. Second Home Restrictions: Provisions required under ZWG for properties in tourist areas
9. Pre-emption Rights: Details of any pre-emption rights granted to third parties
10. Fixtures and Fittings: Detailed list of items included/excluded from sale
1. Property Plan: Official land registry extract and property plans
2. Title Documents: Current land register extract and ownership documentation
3. Property Inventory: Detailed list of included fixtures, fittings, and equipment
4. Condition Report: Technical assessment of property condition
5. Building Permits: Copies of relevant building permits and certificates
6. Insurance Certificates: Current building insurance documentation
7. Mortgage Documents: Details of existing mortgages and release terms
8. Environmental Reports: Any environmental assessments or certificates
9. Energy Certificate: Energy efficiency rating and certification
10. Payment Schedule: Detailed schedule of payment installments and timing
Authors
Real Estate
Legal Services
Banking and Finance
Insurance
Construction
Property Development
Professional Services
Public Administration
Financial Services
Property Management
Legal
Real Estate
Compliance
Property Management
Sales
Risk Management
Corporate Services
Client Relations
Documentation
Advisory
Real Estate Lawyer
Property Lawyer
Notary Public
Real Estate Agent
Property Manager
Legal Counsel
Conveyancing Manager
Real Estate Transaction Manager
Compliance Officer
Property Developer
Banking Relationship Manager
Mortgage Advisor
Real Estate Portfolio Manager
Property Consultant
Legal Administrator
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