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Assignable Real Estate Contract
"I need an Assignable Real Estate Contract for a commercial warehouse property in Amsterdam, with specific provisions allowing assignment to a development company within 6 months of signing, expected completion by March 2025."
1. Parties: Identification of the seller, buyer, and any other relevant parties including full legal names, addresses, and registration details
2. Background: Context of the transaction, including property history and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property including address, land registry details, and cadastral information
5. Purchase Price: Specification of the purchase price, payment terms, and deposit requirements
6. Transfer of Ownership: Conditions and process for transferring ownership, including notarial deed requirements
7. Assignment Rights: Terms and conditions under which the buyer can assign their rights to a third party
8. Representations and Warranties: Seller's declarations regarding property condition, title, and encumbrances
9. Due Diligence: Buyer's investigation rights and seller's disclosure obligations
10. Completion Requirements: Conditions that must be met before completion, including financing and permits
11. Notarial Matters: Appointment of notary and related requirements under Dutch law
12. Costs and Taxes: Allocation of transaction costs and tax obligations
13. Default and Remedies: Consequences of breach and available remedies
14. Governing Law: Confirmation of Dutch law application and jurisdiction
15. Signatures: Execution blocks for all parties
1. Mortgage Release: Required when the property has existing mortgage that needs to be discharged
2. Tenant Rights: Necessary when the property is currently leased or has sitting tenants
3. Environmental Provisions: Required when there are known environmental issues or specific environmental warranties needed
4. Monument Status: Included when the property is a listed building or monument
5. Renovation Requirements: Needed when specific renovations are agreed as part of the sale
6. Pre-emption Rights: Required when municipality or other parties have pre-emptive rights
7. Agricultural Provisions: Necessary for agricultural land or properties in rural areas
8. Ground Lease: Required when the property is subject to ground lease (erfpacht)
1. Property Details: Detailed technical description, floor plans, and cadastral maps
2. Title Documents: Copies of relevant title documents and land registry excerpts
3. Permitted Uses: Zoning information and permitted use specifications
4. Inventory List: List of included fixtures, fittings, and furniture if applicable
5. Environmental Reports: Soil quality reports and environmental assessments
6. Building Inspections: Technical inspection reports and surveys
7. Existing Contracts: Details of service contracts, warranties, or guarantees that transfer with the property
8. Assignment Requirements: Specific procedures and forms for executing assignment rights
Authors
Real Estate
Property Development
Construction
Banking & Finance
Investment & Fund Management
Hospitality
Retail
Industrial & Warehousing
Commercial Office Space
Residential Development
Agriculture & Rural Land
Legal
Real Estate
Property Management
Investment
Development
Acquisitions
Asset Management
Finance
Risk Management
Facilities
Real Estate Director
Property Developer
Investment Manager
Legal Counsel
Property Manager
Real Estate Agent
Notary
Commercial Director
Development Manager
Asset Manager
Acquisition Manager
Portfolio Manager
Real Estate Investment Analyst
Facilities Manager
Construction Manager
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