Document background
The Pre-Sale Contract is a crucial document in Swiss property transactions, typically used when parties wish to formalize their commitment to a future sale while certain conditions or requirements are still being fulfilled. This document is particularly relevant in real estate developments, off-plan purchases, or complex property transactions where the final sale cannot be immediately completed. It must comply with Swiss federal and cantonal laws, including the Swiss Code of Obligations and, where applicable, the Lex Koller for foreign buyers. The contract typically includes detailed provisions about the property, price, payment terms, conditions precedent, warranties, and completion requirements. It serves as a legally binding commitment while protecting both parties' interests during the interim period before the final sale.
