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Real Estate Purchase Agreement For Sale By Owner
"I need a Real Estate Purchase Agreement For Sale By Owner for my three-bedroom house in Munich, which includes the sale of all built-in kitchen appliances and the garden shed, with completion planned for March 2025."
1. Parties: Identification of seller(s) and buyer(s) with full legal names, addresses, and marital status if relevant
2. Background: Brief context of the sale and confirmation that the seller is the registered owner 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 number, size, and address
5. Purchase Price: Agreed purchase price, payment terms, and escrow arrangements
6. Transfer of Ownership: Terms for the conveyance declaration (Auflassung) and registration in the land register
7. Representations and Warranties: Seller's declarations regarding property condition, encumbrances, and known defects
8. Property Handover: Conditions and timing for transferring possession of the property
9. Costs and Taxes: Attribution of transaction costs, including notary fees, registration costs, and real estate transfer tax
10. Pre-emption Rights: Confirmation regarding any existing pre-emption rights
11. Governing Law: Confirmation of German law application and jurisdiction
12. Severability: Standard clause maintaining validity if individual provisions become invalid
1. Mortgage and Encumbrances: Details of existing mortgages and process for clearing them, used when property has existing loans
2. Inventory: List of fixtures and fittings included in the sale, used when selling furnished property
3. Construction Requirements: Building obligations or restrictions, used for undeveloped land or properties with pending construction
4. Rental Agreements: Details of existing tenancies, used when property is sold with sitting tenants
5. Environmental Conditions: Special provisions regarding contamination or environmental issues, used for industrial properties or known environmental concerns
6. Development Rights: Information about unused development potential or building rights, used when relevant to the property value
7. Condominium Association: Details of owners association and shared property, used for apartment sales
8. Renovation Requirements: Known necessary repairs or renovations, used for properties needing significant work
1. Land Register Extract: Current certified extract from the Grundbuch
2. Property Plan: Official cadastral plan showing property boundaries and building locations
3. Energy Certificate: Mandatory energy performance certificate (Energieausweis)
4. Building Permits: Copies of relevant building permits and certificates
5. Property Tax Assessment: Current property tax assessment and payment status
6. Technical Due Diligence: Reports on building condition, if available
7. Floor Plans: Detailed plans of buildings on the property
8. Inventory List: Detailed list of included fixtures, fittings, and furniture if applicable
9. Photographs: Documentary photographs of the property condition at sale
Authors
Property
Purchase Price
Completion Date
Effective Date
Seller
Buyer
Grundbuch
Auflassung
Fixtures and Fittings
Building Permits
Encumbrances
Land Register
Notarial Deed
Transfer of Ownership
Energy Certificate
Property Tax
Due Date
Real Estate Transfer Tax
Handover Protocol
Land Registry Office
Cadastral Register
Title Deed
Purchase Price Payment
Mortgage
Pre-emptive Rights
Building Code Regulations
Easements
Public Charges
Utilities
Defects
Material Adverse Change
Possession
Operating Costs
Warranty Claims
Registration Priority Notice
Escrow Account
Living Space
Plot Size
Building Insurance
Property Description
Purchase Price
Payment Terms
Transfer of Ownership
Property Handover
Representations and Warranties
Title Transfer
Encumbrances
Pre-emptive Rights
Notarization
Land Registry
Due Diligence
Property Condition
Defects Liability
Cost Allocation
Tax Obligations
Insurance
Default
Force Majeure
Dispute Resolution
Governing Law
Amendments
Severability
Notices
Assignment
Entire Agreement
Survival
Termination
Environmental Compliance
Building Regulations
Utilities Transfer
Registration Requirements
Real Estate
Legal Services
Banking and Finance
Construction
Property Development
Urban Planning
Environmental Services
Insurance
Public Administration
Professional Services
Legal
Real Estate
Property Management
Compliance
Finance
Risk Management
Operations
Administrative Services
Technical Services
Customer Relations
Property Owner
Private Seller
Private Buyer
Notary Public
Legal Counsel
Property Surveyor
Bank Manager
Mortgage Advisor
Tax Consultant
Building Inspector
Environmental Consultant
Property Assessor
Land Registry Officer
Legal Administrator
Compliance Officer
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