Document background
The Agreement of Sale with Possession is a specialized contract used in the Netherlands when there is a need to separate the moment of sale from the actual transfer of possession of property or assets. This arrangement is commonly used in real estate transactions, asset sales, and business transfers where immediate transfer of ownership is not practical or desired. The document must comply with Dutch Civil Code requirements, particularly Books 3, 6, and 7, which govern property law, obligations, and specific sales provisions. It includes essential elements such as party details, object description, price, payment terms, possession conditions, and risk allocation. This type of agreement is particularly useful when parties need flexibility in timing between agreement and actual transfer, or when conditional elements need to be satisfied before final transfer can occur.
