Sales Contract For House

Sales Contract For House Template for Denmark

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Document background

The Sales Contract For House is a fundamental legal document used in Danish residential property transactions to formalize the transfer of ownership between parties. It serves as the primary agreement documenting the terms and conditions of the sale, incorporating requirements specific to Danish property law and real estate practices. This document is essential when transferring residential property ownership in Denmark, whether between private individuals or involving commercial entities. It must comply with Danish legal requirements including the Formation of Contracts Act, Registration of Property Act, and various consumer protection regulations. The contract typically includes mandatory elements such as property condition reports, energy certificates, and detailed financial arrangements, making it suitable for both standard residential transactions and more complex property transfers involving multiple stakeholders.

Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, addresses, and CPR/CVR numbers

2. Background: Brief context of the sale and property overview

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: Specification of the total purchase price and payment terms

6. Deposit: Details of the deposit amount, payment timing, and holding arrangements

7. Financing: Overview of the buyer's financing arrangements and conditions

8. Transfer Date: Specified date for property possession transfer and key handover

9. Condition at Transfer: Required condition of the property at handover and any specific maintenance obligations

10. Property Inspection: Results of property inspection and any identified issues

11. Representations and Warranties: Seller's declarations about the property's condition and legal status

12. Costs and Registration: Allocation of transaction costs and responsibility for property registration

13. Insurance: Requirements for property insurance during the transition period

14. Default and Remedies: Consequences and procedures in case of contract breach

15. Governing Law: Specification of Danish law as governing law and jurisdiction

16. Signatures: Execution provisions and signature blocks

Optional Sections

1. Tenant Rights: Required if the property is currently leased or has existing tenants

2. Mortgage Assumption: Included when the buyer is taking over existing mortgages

3. Fixtures and Fittings: Detailed list of items included/excluded when there are specific arrangements about movable items

4. Planning Permissions: Required when there are ongoing building works or planning applications

5. Environmental Matters: Included when there are specific environmental concerns or requirements

6. Right of Withdrawal: Required when one party is a consumer and has statutory withdrawal rights

7. Property Management: Included for properties in shared buildings or with common facilities

Suggested Schedules

1. Property Plan: Official property plans and land registry maps

2. Property Condition Report: Detailed tilstandsrapport showing property condition

3. Energy Performance Certificate: Current energy performance certificate (energimærke)

4. Property Charges: List of all current property charges and obligations

5. Insurance Documents: Details of current insurance and claims history

6. Property Information Form: Seller's detailed disclosures about the property

7. Fixtures and Fittings List: Detailed inventory of items included in the sale

8. Title Documents: Copies of relevant title documents and registrations

9. Planning Documents: Relevant planning permissions and restrictions

10. Utility Information: Details of utility supplies and consumption history

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