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Assignable Real Estate Contract
1. Parties: Identification of the seller and buyer, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the transaction and brief property description
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the real estate, including address, land registry details, and cadastral number
5. Purchase Price: Specification of the purchase price, payment terms, and deposit requirements
6. Assignment Rights: Terms and conditions for assigning the contract to third parties
7. Due Diligence: Buyer's right to investigate the property and related documentation
8. Seller's Warranties: Warranties regarding property ownership, condition, and absence of encumbrances
9. Conditions Precedent: Conditions that must be met before completion
10. Completion: Closing procedures, including timing and requirements
11. Transfer of Risk and Insurance: When risk passes to the buyer and insurance requirements
12. Taxes and Expenses: Allocation of transaction costs, taxes, and ongoing expenses
13. Default and Remedies: Consequences of breach and available remedies
14. Notices: How formal communications between parties should be made
15. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction
1. Tenant Rights: Required if the property is currently leased to tenants
2. Environmental Provisions: Required if there are known environmental issues or special requirements
3. Development Rights: Include if the property has unused development potential or pending permissions
4. Mortgage Assumption: Include if existing mortgages are to be assumed by the buyer
5. Property Management: Required if there are ongoing management contracts or services
6. Co-ownership Provisions: Include if the property is part of a co-ownership arrangement
7. Agricultural Provisions: Required if the property includes agricultural land
8. Historical Protection: Include if the property is subject to historical preservation requirements
1. Property Details: Detailed technical description, including floor plans and land survey
2. Title Documents: Copy of land registry extract and relevant title documents
3. Existing Encumbrances: List of existing easements, mortgages, and other encumbrances
4. Property Condition Report: Technical assessment of property condition
5. Environmental Reports: Any environmental surveys or assessments
6. Existing Leases: Details of any existing lease agreements
7. Property Insurance: Details of existing insurance policies
8. Due Diligence Documents: List of documents provided for due diligence
9. Assignment Form: Template form for executing assignment of the contract
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