Deed Of Sale Of Property Template for Switzerland

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Key Requirements PROMPT example:

Deed Of Sale Of Property

"I need a Deed of Sale of Property for a commercial warehouse in Zurich, Switzerland, with a foreign corporate buyer subject to Lex Koller restrictions, with completion scheduled for March 15, 2025."

Document background
The Deed of Sale of Property is a fundamental legal instrument in Swiss real estate transactions, used whenever real property ownership is transferred between parties. This document is essential under Swiss law and must comply with federal regulations (particularly the Swiss Civil Code and Code of Obligations) as well as cantonal requirements. The deed must be executed in the form of a public deed before a notary public, making it distinct from property sale documents in many other jurisdictions. It serves multiple purposes: documenting the transfer of ownership, specifying the terms of sale, establishing parties' rights and obligations, and providing the basis for land registry recording. The document is particularly important in Switzerland due to the country's strict property transfer regulations and specific requirements for foreign buyers under the Lex Koller.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, addresses, and any relevant registration numbers

2. Background: Brief context of the transaction and confirmation of seller's ownership

3. Definitions: Key terms used throughout the deed

4. Property Description: Detailed legal description of the property including land registry details, parcel numbers, and exact measurements

5. Purchase Price: Specified purchase price, payment terms, and payment schedule

6. Transfer of Ownership: Terms and conditions for the transfer of title and possession

7. Representations and Warranties: Seller's declarations regarding property condition, encumbrances, and legal status

8. Costs and Taxes: Allocation of transaction costs, transfer taxes, and notary fees

9. Registration: Provisions for land registry registration and required procedures

10. Governing Law: Confirmation of Swiss law application and jurisdiction

11. Execution: Formal execution requirements including notarization provisions

Optional Sections

1. Mortgage Arrangements: Used when the property has existing mortgages or new mortgage financing is involved

2. Tenant Provisions: Required when the property is sold with existing tenants and lease agreements

3. Foreign Buyer Provisions: Necessary when the buyer is subject to Lex Koller restrictions

4. Environmental Provisions: Include when there are known environmental issues or specific environmental warranties required

5. Construction/Renovation Provisions: Used when the property involves ongoing or planned construction work

6. Agricultural Land Provisions: Required when the property includes agricultural land subject to BGBB

7. Easements and Rights of Way: Include when specific easements or rights of way need to be addressed

8. Condition Precedents: Used when the sale is subject to specific conditions being met before completion

Suggested Schedules

1. Property Plans: Official cadastral plans and property boundaries

2. Land Register Extract: Current extract from the land register showing ownership and encumbrances

3. Property Inventory: List of included fixtures, fittings, and other items included in the sale

4. Technical Documentation: Building permits, construction plans, and technical specifications

5. Environmental Reports: Any environmental assessments or contamination reports

6. Existing Contracts: Copies of relevant contracts affecting the property (leases, service agreements)

7. Payment Schedule: Detailed breakdown of payment terms and installments if applicable

8. Property Photographs: Documentary photographs of the property condition at sale

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Real Estate

Banking & Finance

Legal Services

Construction & Development

Agriculture & Farming

Hospitality & Tourism

Retail

Industrial & Manufacturing

Professional Services

Public Sector

Relevant Teams

Legal

Real Estate

Compliance

Finance

Tax

Corporate Development

Investment

Property Management

Operations

Risk Management

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Notary Public

Legal Counsel

Commercial Director

Property Developer

Investment Manager

Facilities Manager

Compliance Officer

Tax Advisor

Real Estate Investment Analyst

Asset Manager

Corporate Counsel

Real Estate Transaction Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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