Purchase Sale Agreement (Real Estate) Template for Switzerland

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Key Requirements PROMPT example:

Purchase Sale Agreement (Real Estate)

"I need a Purchase Sale Agreement (Real Estate) for a multi-unit residential property in Zurich, Switzerland, to be purchased by a foreign investment company, with completion planned for March 2025, ensuring compliance with Lex Koller requirements."

Document background

The Purchase Sale Agreement (Real Estate) is a fundamental legal instrument used in Swiss property transactions to document and execute the transfer of real estate ownership. This document is essential for any real estate transaction in Switzerland, whether residential or commercial, and must comply with strict Swiss legal requirements including mandatory notarization and cantonal regulations. The agreement covers all crucial aspects of the property transfer, from detailed property descriptions and price arrangements to warranties and transfer conditions. It must adhere to specific Swiss legislative requirements including the Civil Code (ZGB), Code of Obligations (OR), and where applicable, the Federal Act on the Acquisition of Real Estate by Persons Abroad (Lex Koller). The document serves as the primary evidence of the transaction terms and conditions, forming the basis for land registry entries and tax assessments.

Suggested Sections

1. Parties: Detailed identification of the seller and buyer, including full legal names, addresses, and any registration numbers for legal entities

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

3. Definitions: Definitions of key terms used throughout the agreement

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

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

6. Transfer of Ownership: Conditions and process for transferring property ownership, including registration requirements

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

8. Due Diligence: Buyer's inspection rights and confirmation of property examination

9. Costs and Taxes: Allocation of transaction costs, taxes, and fees between parties

10. Handover: Timing and conditions for physical possession transfer

11. Notices: Communication procedures between parties

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

13. Execution: Signature requirements and notarization provisions

Optional Sections

1. Mortgage Arrangements: Details of existing mortgages and arrangements for discharge or transfer

2. Tenant Provisions: Required when property is subject to existing tenancies

3. Construction Obligations: Used when property includes incomplete construction or required renovations

4. Environmental Provisions: Specific provisions regarding environmental conditions or contamination

5. Foreign Buyer Provisions: Required when buyer is subject to Lex Koller restrictions

6. Broker Provisions: Required when real estate agents are involved in the transaction

7. Conditions Precedent: Special conditions that must be met before completion

8. Post-Completion Obligations: Any obligations continuing after completion of the sale

Suggested Schedules

1. Property Details: Detailed technical description, including floor plans and measurements

2. Land Register Extract: Current extract from the land register

3. Property Inventory: List of included fixtures, fittings, and equipment

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

5. Environmental Reports: Any environmental assessments or certificates

6. Insurance Certificates: Current building insurance documentation

7. Payment Schedule: Detailed breakdown of payment installments and timing

8. Existing Contracts: Copies of relevant ongoing contracts (maintenance, service, etc.)

9. Property Photos: Current photographs of the property and its condition

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Banking & Financial Services

Construction

Property Development

Hospitality

Retail

Industrial

Commercial Property

Residential Property

Legal Services

Insurance

Property Management

Relevant Teams

Legal

Real Estate

Property Management

Corporate Development

Facilities Management

Risk & Compliance

Investment

Asset Management

Finance

Operations

Business Development

Corporate Services

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Corporate Counsel

Notary Public

Property Developer

Investment Manager

Facilities Manager

Real Estate Investment Director

Asset Manager

Property Acquisition Manager

Real Estate Portfolio Manager

Compliance Officer

Risk Manager

Transaction Manager

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Let's create your Purchase Sale Agreement (Real Estate)

Authors

Alex Denne

Find the exact document you need

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Small Business Purchase Agreement

Buyer And Seller Agreement Form

Restaurant Asset Purchase Agreement

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Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

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