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Deed Of Absolute Sale Of A Portion Of Land Template for Germany

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Key Requirements PROMPT example:

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."

Document background
The Deed of Absolute Sale of a Portion of Land is a crucial document in German real estate transactions when selling part of a larger land parcel. It is required whenever a landowner wishes to sell a specific portion of their property, necessitating formal land division and new registration. This document must comply with strict German legal requirements, including notarization under the Beurkundungsgesetz and registration in the Grundbuch (land register). The deed contains essential elements such as precise property descriptions, survey details, purchase terms, and required declarations for land registry purposes. It's particularly important in development projects, property subdivisions, and situations where larger parcels are being divided for separate sale. The document ensures compliance with German property law while protecting both parties' interests in the transaction.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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

Construction

Agriculture

Commercial Development

Industrial Development

Residential Development

Infrastructure

Energy

Retail

Hospitality

Logistics

Manufacturing

Relevant Teams

Legal

Real Estate

Property Management

Corporate Development

Facilities Management

Operations

Project Development

Asset Management

Investment

Risk Management

Compliance

Finance

Relevant Roles

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

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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