For Sale By Owner House Contract Template for Switzerland

The For Sale By Owner House Contract is specifically designed for use in Switzerland when private property owners wish to sell their residential property directly to buyers without involving real estate agents. This document is structured to comply with Swiss federal and cantonal requirements, including the mandatory notarization process required under Swiss law. It encompasses all necessary provisions for a valid property transfer, including detailed property description, price terms, payment conditions, warranties, and transfer procedures. The contract must adhere to the Swiss Civil Code (ZGB), Code of Obligations (OR), and relevant cantonal regulations, while also considering potential foreign buyer restrictions under Lex Koller. This document is particularly valuable for private sellers seeking to manage their own property sale while ensuring full legal compliance and protection of their interests under Swiss law.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and citizenship status (relevant for Lex Koller compliance)

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

3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, and other relevant terms

4. Property Description: Detailed legal description of the property including land registry details, plot number, and address

5. Purchase Price: Agreed purchase price, payment terms, deposit requirements, and payment schedule

6. Payment Terms and Conditions: Detailed payment process, including escrow arrangements and bank transfer requirements

7. Transfer of Ownership: Process and conditions for transferring property title, including land registry requirements

8. Seller's Warranties: Seller's representations regarding property condition, ownership, and absence of encumbrances

9. Property Condition: Current state of the property and any known defects or issues

10. Costs and Taxes: Allocation of transfer taxes, notary fees, and registration costs

11. Completion Process: Steps for completion, including notarization requirements and registration process

12. Default and Remedies: Consequences of breach by either party and available remedies

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

14. Execution: Signature requirements and notarization provisions