Document background
The Property Sales Agreement is a crucial legal document used in Swiss real estate transactions to formalize the transfer of property ownership. It must adhere to strict Swiss legal requirements, including mandatory notarization and compliance with both federal and cantonal laws. This agreement is essential when transferring any type of real estate in Switzerland, whether residential, commercial, or industrial property. It details all aspects of the transaction, including property description, purchase price, payment terms, warranties, and transfer conditions. The document must account for specific Swiss regulations such as the Lex Koller for foreign buyers, land registry requirements, and local property transfer laws. It serves as the foundational document for property transactions and must be prepared with careful attention to Swiss legal formalities to ensure validity and enforceability.
