Purchase Agreement For House For Sale By Owner Template for Switzerland

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Key Requirements PROMPT example:

Purchase Agreement For House For Sale By Owner

"I need a Purchase Agreement For House For Sale By Owner for my chalet in Zermatt, Switzerland, with the property including specific ski equipment and winter sports facilities, and the buyer is a non-Swiss resident who will use it as a holiday home."

Document background
The Purchase Agreement For House For Sale By Owner is a crucial legal document used in Switzerland when a property owner wishes to sell their residential property directly to a buyer without the involvement of a real estate agency. This document must comply with strict Swiss legal requirements, including mandatory notarization and specific cantonal regulations. It serves to document all essential aspects of the property transaction, including detailed property description, purchase price, payment terms, transfer conditions, and respective obligations of both parties. The agreement must address specific Swiss legal considerations such as Lex Koller requirements for foreign buyers, cantonal property transfer taxes, and land registry requirements. This type of agreement is particularly important as it provides legal protection for both parties in a direct sale scenario and ensures compliance with all relevant Swiss property transfer regulations.
Suggested Sections

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

2. Background: Context of the sale and brief description of the property and transaction

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed description of the property including land registry details, plot number, size, and exact location

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

6. Payment Terms: Schedule of payments, including deposit, balance, and any installment arrangements

7. Transfer of Ownership: Conditions and process for transferring property ownership, including land registry requirements

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

9. Handover Conditions: Terms for physical possession transfer, including date and condition requirements

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

11. Notices: Communication procedures between parties

12. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

13. Signatures: Execution block for parties and notary authentication

Optional Sections

1. Mortgage Arrangements: Details of existing mortgage discharge and new mortgage arrangements, used when property has existing mortgage

2. Tenant Rights: Information about existing tenancies and their treatment, used when property is currently leased

3. Construction Obligations: Details of any pending construction or renovation obligations, used for properties under development

4. Environmental Provisions: Specific provisions regarding environmental issues, used when property has known environmental concerns

5. Foreign Buyer Provisions: Additional provisions required for foreign buyers under Lex Koller, used when buyer is not Swiss resident

6. Furniture and Fixtures: List of included/excluded movable items, used when sale includes specific furniture or equipment

7. Condition Precedents: Specific conditions that must be met before completion, used when sale depends on particular circumstances

8. Right of First Refusal: Terms of any pre-emptive rights, used when such rights are granted

Suggested Schedules

1. Property Plans: Official land registry plans and property boundaries

2. Title Documents: Current land registry extract and ownership documentation

3. Property Condition Report: Detailed assessment of property condition and any known defects

4. Inventory List: Detailed list of included fixtures, fittings, and furniture if applicable

5. Building Permits: Copies of relevant building permits and certificates

6. Energy Certificate: Current energy efficiency certification

7. Insurance Certificates: Current building insurance documentation

8. Utilities Documentation: Information about utility connections and recent bills

9. Property Photographs: Documentary photographs of property condition at time of agreement

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
Clauses
Relevant Industries

Real Estate

Legal Services

Financial Services

Banking

Insurance

Property Development

Construction

Public Administration

Professional Services

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Finance

Risk Management

Administration

Operations

Documentation

Relevant Roles

Property Owner

Home Buyer

Notary Public

Legal Counsel

Real Estate Lawyer

Property Manager

Mortgage Advisor

Bank Manager

Insurance Agent

Tax Consultant

Land Registry Officer

Property Surveyor

Legal Administrator

Compliance Officer

Property Developer

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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