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Simple Property Sale Agreement
"I need a Simple Property Sale Agreement for a residential property in Amsterdam, with completion scheduled for March 15, 2025, including standard mortgage contingency provisions and a requirement for building inspection to be completed before signing."
1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and registration details if applicable
2. Background: Context of the sale and brief description of the property transaction
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed legal description of the property including cadastral details and address
5. Purchase Price: Agreed purchase price, payment terms, and deposit requirements
6. Transfer of Ownership: Process and conditions for legal transfer through notarial deed
7. Seller's Warranties: Warranties regarding property ownership, encumbrances, and condition
8. Buyer's Warranties: Warranties regarding financial capability and understanding of property condition
9. Completion: Details of completion process, timing, and requirements
10. Costs and Taxes: Allocation of transfer costs, taxes, and notary fees
11. Default and Termination: Consequences of breach and termination rights
12. Governing Law: Confirmation of Dutch law application and jurisdiction
13. Execution: Signature blocks and execution requirements
1. Mortgage Contingency: Include when buyer's purchase is contingent on obtaining mortgage financing
2. Building Inspection: Include when agreement is subject to satisfactory building inspection
3. Existing Tenancies: Include when property is sold with existing tenants
4. Environmental Conditions: Include when property has known environmental issues or requires investigation
5. Renovation/Construction: Include when property requires specific works before or after transfer
6. Property Management: Include when interim property management arrangements are needed
7. VAT Election: Include when transaction is subject to VAT rather than transfer tax
8. Third Party Rights: Include when there are specific third-party rights affecting the property
1. Property Details: Detailed description of property including boundaries, fixtures, and fittings
2. Title Documents: List of relevant title documents and registered encumbrances
3. Inventory: List of included movable items if any are included in the sale
4. Property Condition Report: Current condition of the property and known defects
5. Planning Permissions: Relevant planning permissions and building permits
6. Energy Performance Certificate: Required energy performance details
7. Service Contracts: Details of ongoing service contracts that will transfer with the property
8. Payment Schedule: Detailed breakdown of payment terms and timeline
Authors
Real Estate
Residential Property
Commercial Property
Banking & Finance
Construction
Property Development
Legal Services
Professional Services
Retail
Hospitality
Manufacturing
Logistics
Legal
Real Estate
Property Management
Asset Management
Facilities
Finance
Compliance
Risk Management
Business Development
Operations
Investment
Corporate Services
Real Estate Manager
Property Manager
Legal Counsel
Notary
Real Estate Agent
Property Developer
Facilities Manager
Asset Manager
Investment Manager
Acquisition Manager
Commercial Director
Finance Director
Business Development Manager
Property Surveyor
Compliance Officer
Risk Manager
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