Car Parking Sale Agreement Generator for Germany

The Car Parking Sale Agreement is a specialized real estate transaction document used in Germany for the transfer of ownership of designated parking spaces. This agreement is essential when selling or purchasing individual parking spaces, whether they are standalone properties or part of larger developments. The document must comply with German legal requirements, including mandatory notarization under the German Civil Code (BGB) and registration in the land register (Grundbuch). It is commonly used in urban areas where parking spaces are sold separately from residential or commercial properties, and in new developments where parking spaces are allocated individually. The agreement includes comprehensive details about the property, price, transfer conditions, and any associated rights or obligations.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and registration details if companies

2. Background: Brief context of the sale and confirmation that the seller is the legitimate owner of the parking space

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

4. Object of Sale: Detailed description of the parking space including exact location, dimensions, and land register details (Grundbuch)

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

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

7. Representations and Warranties: Seller's warranties regarding ownership, encumbrances, and condition of the parking space

8. Costs and Taxes: Attribution of transaction costs, including notary fees, registration costs, and real estate transfer tax

9. Possession and Risk: Date of transfer of possession and associated risks

10. Registration Authorizations: Authorizations for land registry registration and required declarations

11. Notices: Communication requirements and contact details for official notices

12. Governing Law: Confirmation of German law application and jurisdiction

13. Execution: Signature blocks and notarization requirements