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Property Sell Agreement
"I need a Property Sale Agreement for the purchase of a commercial warehouse in Berlin, Germany, by my logistics company from ABC Industrial GmbH, with completion scheduled for March 2025; the agreement must include specific provisions for existing tenant rights and environmental compliance."
1. Parties: Identification and details of the seller and purchaser, including full legal names, addresses, and registration details if companies are involved
2. Background: Context of the sale and brief description of the property
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including land registry details (Grundbuch), plot numbers, and exact location
5. Purchase Price: Agreed purchase price, payment terms, and escrow arrangements
6. Transfer of Ownership: Terms for transferring property title (Auflassung) and registration in the land registry
7. Representations and Warranties: Seller's declarations regarding property condition, encumbrances, and legal status
8. Encumbrances and Rights: Existing mortgages, easements, and other registered rights affecting the property
9. Handover and Possession: Terms for physical transfer of the property and key handover
10. Costs and Taxes: Allocation of transaction costs, including notary fees, transfer taxes, and registration fees
11. Notices: Communication procedures between parties
12. Governing Law: Confirmation of German law application and jurisdiction
1. Tenant Rights: Required if the property is currently leased, addressing existing tenancy agreements
2. Mortgage Arrangements: Required if the purchase is financed through a mortgage
3. Development Rights: Needed if there are pending building permits or development restrictions
4. Environmental Provisions: Required if there are known environmental issues or contamination
5. Heritage Protection: Necessary if the property is under monument protection (Denkmalschutz)
6. Right of First Refusal: Required if municipal pre-emptive rights exist
7. Defects and Renovation: Detailed if specific known defects exist or renovation agreements are made
8. Utilities and Connections: Required if special arrangements exist for utility connections or shared facilities
1. Property Plans: Official cadastral plans and property drawings
2. Land Registry Extract: Current Grundbuchauszug showing ownership and encumbrances
3. Energy Certificate: Mandatory energy performance certificate (Energieausweis)
4. Property Condition Report: Detailed description of property condition and any known defects
5. Inventory List: List of fixtures and fittings included in the sale
6. Building Permits: Copies of existing building permits and certificates
7. Property Tax Assessment: Current property tax assessment and payment status
8. Insurance Certificates: Details of existing building insurance
9. Utility Contracts: Information about existing utility connections and contracts
Authors
Property
Land Registry
Grundbuch
Purchase Price
Completion Date
Transfer of Ownership
Auflassung
Seller
Purchaser
Business Day
Encumbrances
Title Deed
Notary
Handover Date
Due Diligence Period
Property Rights
Fixtures and Fittings
Building Permits
Energy Certificate
Land Charge
Grundschuld
Real Estate Transfer Tax
Grunderwerbsteuer
Priority Notice
Vormerkung
Existing Tenancies
Building Regulations
Utilities
Common Areas
Easements
Registration Fees
Warranties
Material Defects
Completion Documents
Purchase Price Adjustment
Security Deposit
Force Majeure
Permitted Use
Development Rights
Environmental Laws
Planning Permission
Property Tax
Insurance Coverage
Beneficial Ownership
Interpretation
Sale and Purchase
Purchase Price
Payment Terms
Title Transfer
Property Registration
Warranties and Representations
Property Condition
Encumbrances
Due Diligence
Risk and Insurance
Handover
Taxes and Costs
Notarization
Land Registry Requirements
Environmental Compliance
Building Regulations
Existing Tenancies
Utilities and Services
Pre-emptive Rights
Default and Remedies
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Confidentiality
Further Assurance
Completion Requirements
Property Access
Maintenance Obligations
Title Insurance
Construction Permits
Easements and Rights
Heritage Protection
Energy Efficiency
Real Estate
Construction
Property Development
Banking & Financial Services
Legal Services
Property Management
Urban Development
Hospitality
Retail
Industrial & Manufacturing
Agriculture
Commercial Office Space
Legal
Real Estate
Property Management
Compliance
Finance
Risk Management
Business Development
Asset Management
Investment
Operations
Facilities Management
Real Estate Manager
Property Developer
Legal Counsel
Corporate Lawyer
Real Estate Agent
Property Manager
Investment Manager
Asset Manager
Facility Manager
Compliance Officer
Real Estate Portfolio Manager
Business Development Manager
Property Acquisition Manager
Real Estate Finance Manager
Risk Manager
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