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Residential Real Estate Purchase Agreement
1. Parties: Identification of the seller(s) and buyer(s) with full legal names, addresses, and CPR numbers (or CVR numbers for companies)
2. Background: Brief context of the transaction and confirmation that the seller owns the property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including address, land registry details, plot size, and built area
5. Purchase Price: The agreed purchase price, payment structure, and deposit requirements
6. Financing: Details of how the purchase will be financed, including mortgage arrangements and conditions
7. Condition of Property: Description of the property's current condition, including any known defects and the results of property inspections
8. Energy Certificate: Details of the mandatory energy performance certificate and its ratings
9. Transfer of Ownership: The agreed completion date and process for transferring ownership
10. Costs and Taxes: Allocation of transaction costs, property taxes, and utility charges between parties
11. Property Insurance: Requirements for insurance coverage during the transfer period
12. Representations and Warranties: Standard declarations by both parties regarding their capacity to enter into the agreement and property-related warranties
13. Risk and Handover: When risk passes to the buyer and arrangements for physical possession
14. Default and Remedies: Consequences of breach by either party and available remedies
15. Governing Law: Confirmation that Danish law governs the agreement and jurisdiction details
1. Tenant Rights: Required if the property is currently tenanted, detailing existing tenancy agreements and handling of deposits
2. Fixtures and Fittings: Detailed list of items included/excluded in the sale when there are specific arrangements
3. Planning Permissions: Required if there are ongoing building works or recent modifications needing documentation
4. Environmental Matters: Required if there are specific environmental issues or protections affecting the property
5. Parking Rights: Required if separate parking arrangements or rights are included
6. Shared Facilities: Required for properties with shared amenities or in managed developments
7. Pre-emption Rights: Required if there are any pre-emption rights affecting the property
8. Mortgage Assumption: Required if the buyer is taking over existing mortgage arrangements
1. Property Plan: Official land registry map and property boundaries
2. Property Inspection Report: Detailed technical survey of the property's condition
3. Energy Performance Certificate: Official energy rating documentation
4. Title Documents: Copy of land registry extract and any relevant easements
5. Inventory List: Detailed list of included fixtures, fittings, and appliances
6. Property Charges: Details of property taxes, utilities, and other ongoing charges
7. Insurance Certificates: Copies of relevant insurance policies and coverage details
8. Building Permits: Copies of relevant building permits and certificates of completion
9. Environmental Reports: Any environmental surveys or assessments conducted
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