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Tax Lien Certificate Sale Template for Switzerland

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Key Requirements PROMPT example:

Tax Lien Certificate Sale

"I need a Tax Lien Certificate Sale agreement for a single residential property in Zurich Canton, with the certificate being sold to a Swiss bank, including standard redemption terms and completion scheduled for March 2025."

Document background
The Tax Lien Certificate Sale agreement is utilized in Switzerland when cantonal or municipal tax authorities seek to transfer their tax claims to private investors or institutions. This document becomes necessary when a property owner has defaulted on their tax obligations and the authority decides to sell the tax lien certificate rather than pursue direct collection. The agreement must comply with Swiss federal tax laws, cantonal regulations, and the Federal Act on Debt Enforcement and Bankruptcy. It includes crucial details about the property, outstanding tax amounts, interest rates, redemption periods, and transfer conditions. The document serves both as a transfer instrument and a record of the transaction, ensuring all parties understand their rights and obligations under Swiss law. It's particularly important in cantons where tax lien certificate sales are commonly used as a tax collection mechanism.
Suggested Sections

1. Parties: Identification of the selling authority (typically cantonal/municipal tax authority) and the purchaser of the tax lien certificate

2. Background: Context of the tax lien, including property owner's default and legal basis for the certificate issuance

3. Definitions: Key terms used throughout the agreement, including technical tax and legal terminology

4. Subject Matter of Sale: Detailed description of the tax lien certificate being sold, including certificate number and issue date

5. Purchase Price: Amount to be paid for the tax lien certificate, including any premiums or fees

6. Property Details: Legal description of the property against which the tax lien is filed

7. Tax Amount and Period: Details of the underlying tax debt, including tax period and original amount

8. Transfer of Rights: Terms of transfer of the tax lien certificate and associated rights

9. Representations and Warranties: Statements of fact and guarantees from both parties

10. Payment Terms: Terms and method of payment for the certificate

11. Completion Requirements: Steps required to complete the transfer of the certificate

12. Governing Law and Jurisdiction: Specification of Swiss law application and jurisdictional details

Optional Sections

1. Multiple Property Provisions: Required when the tax lien certificate covers multiple properties

2. Foreign Buyer Provisions: Additional requirements for non-Swiss purchasers

3. Intermediary Provisions: Required when a broker or intermediary is involved in the transaction

4. Language Provisions: Required for official translations when multiple language versions are needed

5. Assignment Rights: Terms for future transfer or assignment of the certificate

6. Special Cantonal Requirements: Additional provisions required by specific cantons

7. Redemption Procedures: Detailed procedures if early redemption is permitted

8. Electronic Recording Provisions: Required when electronic recording systems are used

Suggested Schedules

1. Schedule A - Property Documentation: Detailed property description, including land registry excerpts and maps

2. Schedule B - Tax Assessment Details: Breakdown of tax assessment and calculations

3. Schedule C - Certificate Details: Copy or image of the original tax lien certificate

4. Schedule D - Payment Schedule: If applicable, schedule of installment payments or payment terms

5. Appendix 1 - Due Diligence Documents: Property valuation reports and tax assessment history

6. Appendix 2 - Compliance Certificates: Relevant tax authority compliance certificates

7. Appendix 3 - Authorization Documents: Official authorizations for the sale of the tax lien certificate

8. Appendix 4 - Transfer Forms: Official forms required for recording the transfer

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

Public Administration

Financial Services

Tax Services

Legal Services

Investment Management

Banking

Property Management

Public Finance

Municipal Services

Relevant Teams

Legal

Tax Administration

Real Estate

Finance

Compliance

Risk Management

Investment

Property Management

Public Administration

Treasury

Relevant Roles

Tax Administrator

Real Estate Manager

Investment Manager

Legal Counsel

Property Manager

Financial Controller

Tax Collector

Municipal Treasurer

Compliance Officer

Risk Manager

Investment Analyst

Public Finance Director

Asset Manager

Tax Attorney

Real Estate Investment Officer

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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