Multi Family Purchase And Sale Agreement Template for Germany

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Multi Family Purchase And Sale Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Multi Family Purchase And Sale Agreement

"I need a Multi Family Purchase And Sale Agreement for a 12-unit residential apartment building in Berlin, with closing planned for March 2025, that includes provisions for transferring existing tenant agreements and maintenance contracts."

Document background

The Multi Family Purchase And Sale Agreement is a specialized legal document used in German real estate transactions for the transfer of residential properties containing multiple dwelling units. This document is essential when conducting transactions involving apartment buildings, residential complexes, or multi-unit properties in Germany. It must comply with strict German legal requirements, including mandatory notarization and land register regulations. The agreement covers all crucial aspects of the transaction, from purchase price and payment terms to existing tenancies and property management arrangements. It's particularly important in the German market due to specific local regulations regarding tenant protection, property transfer procedures, and real estate transaction requirements. The document serves both individual investors and corporate entities engaged in residential real estate transactions, providing a comprehensive framework for complex multi-family property transfers while ensuring compliance with German property law.

Suggested Sections

1. Parties: Identification of seller(s) and purchaser(s) with full legal names, addresses, and registration details if companies

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

3. Definitions: Key terms used throughout the agreement, including property definition, closing date, and other relevant terms

4. Property Description: Detailed description of the property including land register details (Grundbuch), exact location, and building specifications

5. Purchase Price: Purchase price, payment terms, escrow arrangements, and financing conditions

6. Due Diligence: Buyer's inspection rights, documentation requirements, and condition assessment provisions

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

8. Existing Tenancies: Overview of current rental situations, tenant rights, and transfer of rental agreements

9. Transfer of Ownership: Conditions and process for property transfer (Auflassung) and land register registration

10. Closing Conditions: Prerequisites for closing, including financing, permits, and regulatory approvals

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

12. Property Management: Arrangements for property management during the transition period

13. Notices: Communication procedures between parties

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

15. Severability: Standard clause maintaining validity if individual provisions become invalid

Optional Sections

1. Environmental Matters: Specific provisions regarding environmental conditions, contamination, or compliance requirements - include when property has known environmental issues

2. Monument Protection: Special provisions for buildings under monument protection (Denkmalschutz) - include for historic properties

3. Development Rights: Provisions regarding unused development potential or pending building permits - include when relevant to property value

4. Service Contracts: Transfer or termination of existing service contracts - include when significant service agreements exist

5. Common Areas: Specific provisions for shared facilities and common areas - include for properties with significant common facilities

6. Energy Supply: Special provisions regarding energy supply contracts and facilities - include when property has special energy arrangements

7. Parking: Specific provisions for parking spaces and rights - include when parking is a significant feature

8. Commercial Units: Special provisions for commercial units within the property - include when mixed-use property

Suggested Schedules

1. Property Description Schedule: Detailed technical description, floor plans, and land register excerpts

2. Tenant Schedule: List of current tenants, rental terms, and security deposits

3. Due Diligence Documents: List of provided due diligence documents and property information

4. Encumbrances Schedule: List of existing encumbrances, easements, and rights of third parties

5. Inventory Schedule: List of included fixtures, fittings, and equipment

6. Maintenance Schedule: Overview of maintenance status and planned repairs

7. Energy Certificates: Required energy performance certificates and documentation

8. Service Contracts Schedule: List of transferring service and maintenance contracts

9. Property Management Documents: Current property management agreements and reports

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

Agreement
Property
Land Register (Grundbuch)
Purchase Price
Closing Date
Transfer Date (Übergabetag)
Effective Date
Property Rights (Grundstücksrechte)
Due Diligence Period
Encumbrances (Belastungen)
Common Areas (Gemeinschaftsflächen)
Existing Tenancies
Lease Agreements (Mietverträge)
Security Deposits (Mietkautionen)
Operating Costs (Betriebskosten)
Property Management Agreement
Service Contracts
Transfer of Ownership (Auflassung)
Business Day
Notary
Land Charges (Grundschulden)
Building Permits (Baugenehmigungen)
Energy Certificate (Energieausweis)
Maintenance Reserve (Instandhaltungsrücklage)
Property Taxes (Grundsteuer)
Transfer Tax (Grunderwerbsteuer)
Development Rights (Baurechte)
Material Adverse Change
Permitted Use
Title Defects
Environmental Laws
Fixtures and Fittings
Rental Income
Operating Expenses
Utility Contracts
Insurance Policies
Warranty Claims
Force Majeure
Confidential Information
Permitted Assignees
Compliance Certificate
Property Manager
Building Rules (Hausordnung)
Monument Protection (Denkmalschutz)
Heating System (Heizungsanlage)
Parking Spaces (Stellplätze)
Storage Units (Kellerräume)
Residential Units

Clauses

Relevant Industries

Real Estate

Property Development

Property Investment

Residential Property Management

Property Finance

Legal Services

Construction

Property Consultancy

Urban Development

Housing

Relevant Teams

Legal

Real Estate

Property Management

Acquisitions

Investment

Asset Management

Due Diligence

Compliance

Risk Management

Finance

Relevant Roles

Real Estate Manager

Property Developer

Investment Manager

Legal Counsel

Property Manager

Asset Manager

Acquisition Manager

Real Estate Broker

Transaction Manager

Portfolio Manager

Real Estate Analyst

Compliance Officer

Due Diligence Specialist

Real Estate Partner

Investment Director

Find the exact document you need

Website Sale Agreement

German law-governed agreement for the sale and transfer of website ownership, including all associated digital assets and compliance requirements.

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Multi Family Purchase And Sale Agreement

Authors

Alex Denne

Find the exact document you need

Website Sale Agreement

Securities Purchase Agreement

Binding Purchase Agreement

Equity Investment Contract

For Sale By Owner Real Estate Purchase Agreement

Used Car Purchase Agreement

Shares Agreement

Car Lease To Own Agreement

Auto Purchase Agreement

Business Sale Contract

Public Offer Agreement

Buyback Agreement

Vehicle Hire Purchase Agreement

Website Purchase Agreement

Model Asset Purchase Agreement

Lease Agreement With Option To Purchase

Contingent Purchase Agreement

Conditional Purchase Agreement

Auto Purchase Contract

Artwork Purchase Agreement

Agreement For Advance Payment For Purchase Of Goods

Advance Agreement For Land Purchase

Standard Purchase Agreement

Private Sale Purchase Agreement

Partnership Purchase Agreement

Cross Purchase Agreement

Buy Tenancy Agreement

Basic Real Estate Purchase Agreement

Real Estate Sales Agreement Form

Residential Resale Condominium Property Purchase Contract

Purchasers Agreement

Vehicle Purchase Contract

Short Form Real Estate Purchase Agreement

Offer To Purchase And Contract

Stock Buyout Agreement

Vehicle Purchase Agreement With Down Payment

Timeshare Purchase Agreement

Private Party Car Sale Contract

Offer To Purchase Real Estate Form Private Sale

Multi Family Purchase And Sale Agreement

Lease Option Agreement Contract

Business Buyout Agreement

Basic Real Estate Contract

Real Estate Buyers Contract

Non Binding Purchase Agreement

Model Stock Purchase Agreement

Commercial Sale Contract

Purchase Agreement Car Dealership

Option Purchase Agreement Film

Corporate Purchase Agreement

Agreement For Purchase Of Flat With Builder

Residential Lease Agreement With Option To Purchase

Promissory Purchase And Sale Agreement

Simple Offer To Purchase Real Estate Form

Equipment Purchase And Installation Agreement

Employee Laptop Purchase Agreement

Trailer Purchase Agreement

Simple Buy Sell Agreement

Partnership Interest Purchase Agreement

Quota Purchase Agreement

General Purchase Agreement

Rental Purchase Agreement

Provisional Agreement For Sale And Purchase

Residential Sales Contract

Price Purchase Agreement

Prepaid Forward Purchase Agreement

Goods Purchase Agreement

Founder Stock Purchase Agreement

Business Sell Agreement

Vehicle Purchase Agreement With Monthly Payments

Shareholder Buy Sell Agreement

Preferred Stock Purchase Agreement

Pre Purchase Agreement

Simple Vacant Land Purchase Agreement

Simple Asset Purchase Agreement