Document background
The Conveyance Agreement is a fundamental legal instrument in Swiss property transactions, used whenever real estate ownership is transferred between parties. It serves as the primary document establishing the terms and conditions of property transfer, ensuring compliance with Swiss federal law (including the Civil Code and Code of Obligations) and cantonal requirements. This document is essential for both residential and commercial property transactions in Switzerland, requiring notarization and registration in the land registry (Grundbuch) to be legally valid. The agreement must address various aspects including property description, purchase price, payment terms, warranties, and specific Swiss legal requirements such as Lex Koller provisions for foreign buyers. It's particularly important to note that Swiss law requires strict formalities for property transfers, making the Conveyance Agreement a crucial document that must be carefully drafted to ensure enforceability and proper transfer of title.
