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Deed Of Absolute Sale Of A Portion Of Land
"I need a Deed of Absolute Sale of a Portion of Land for selling 2,500 square meters of my industrial property in Munich to a manufacturing company, with the transaction planned for March 2025 and including specific easements for shared access roads."
1. Parties: Identification of the seller(s) and buyer(s) with full legal names, addresses, and personal details as required by German law
2. Background (Vorbemerkung): Context of the sale, current ownership status, and brief description of the overall property
3. Definitions: Key terms used in the deed, including property-specific terminology and legal concepts
4. Object of Sale (Kaufgegenstand): Detailed description of the portion of land being sold, including exact measurements, boundaries, and reference to cadastral records
5. Purchase Price (Kaufpreis): Agreed purchase price, payment terms, and escrow arrangements if applicable
6. Due Diligence Confirmations: Confirmations regarding property inspection, soil quality, and known encumbrances
7. Transfer of Ownership (Auflassung): Formal declaration of conveyance as required by German law
8. Warranties and Representations: Seller's warranties regarding property condition, encumbrances, and legal status
9. Possession, Benefits, and Burdens: Transfer date of possession and associated rights and obligations
10. Land Register Declarations: Necessary declarations for land registry purposes and power of attorney for registration
11. Costs and Taxes: Allocation of transaction costs, taxes, and fees between parties
12. Notices and Future Correspondence: Contact details and process for future communications regarding the property
1. Mortgage and Encumbrance Arrangements: Required if there are existing mortgages or new financing arrangements
2. Pre-emption Rights: Include if there are any statutory or contractual pre-emption rights to be addressed
3. Development Obligations: Include if there are pending or required development obligations for the land portion
4. Environmental Provisions: Required if there are known environmental issues or special soil conditions
5. Access Rights and Easements: Include if new easements need to be created due to the land division
6. Construction Obligations: Include if there are building obligations or restrictions on the divided land
7. Utilities and Infrastructure: Required if special arrangements are needed for utility connections or infrastructure
1. Land Survey Plan: Official surveyor's plan showing the divided portion of land with exact measurements and boundaries
2. Cadastral Extract: Current extract from the cadastral register showing the property details
3. Land Register Extract: Current extract from the land register (Grundbuch)
4. Property Tax Assessment: Current property tax assessment and payment status
5. Site Plans: Plans showing existing structures, utilities, and access ways
6. Photographs: Current photographs of the property and boundaries
7. Power of Attorney: If applicable, powers of attorney for representatives of either party
Authors
Real Estate
Construction
Agriculture
Commercial Development
Industrial Development
Residential Development
Infrastructure
Energy
Retail
Hospitality
Logistics
Manufacturing
Legal
Real Estate
Property Management
Corporate Development
Facilities Management
Operations
Project Development
Asset Management
Investment
Risk Management
Compliance
Finance
Real Estate Manager
Property Developer
Legal Counsel
Corporate Lawyer
Property Manager
Facilities Manager
Development Director
Land Acquisition Manager
Real Estate Investment Manager
Construction Manager
Project Manager
Commercial Director
Operations Manager
Chief Legal Officer
Real Estate Portfolio Manager
Asset Manager
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