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Assignable Real Estate Contract
1. Parties: Identification of the seller and buyer, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the transaction and brief property description
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the real estate, including address, land registry details, and cadastral number
5. Purchase Price: Specification of the purchase price, payment terms, and deposit requirements
6. Assignment Rights: Terms and conditions for assigning the contract to third parties
7. Due Diligence: Buyer's right to investigate the property and related documentation
8. Seller's Warranties: Warranties regarding property ownership, condition, and absence of encumbrances
9. Conditions Precedent: Conditions that must be met before completion
10. Completion: Closing procedures, including timing and requirements
11. Transfer of Risk and Insurance: When risk passes to the buyer and insurance requirements
12. Taxes and Expenses: Allocation of transaction costs, taxes, and ongoing expenses
13. Default and Remedies: Consequences of breach and available remedies
14. Notices: How formal communications between parties should be made
15. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction
1. Tenant Rights: Required if the property is currently leased to tenants
2. Environmental Provisions: Required if there are known environmental issues or special requirements
3. Development Rights: Include if the property has unused development potential or pending permissions
4. Mortgage Assumption: Include if existing mortgages are to be assumed by the buyer
5. Property Management: Required if there are ongoing management contracts or services
6. Co-ownership Provisions: Include if the property is part of a co-ownership arrangement
7. Agricultural Provisions: Required if the property includes agricultural land
8. Historical Protection: Include if the property is subject to historical preservation requirements
1. Property Details: Detailed technical description, including floor plans and land survey
2. Title Documents: Copy of land registry extract and relevant title documents
3. Existing Encumbrances: List of existing easements, mortgages, and other encumbrances
4. Property Condition Report: Technical assessment of property condition
5. Environmental Reports: Any environmental surveys or assessments
6. Existing Leases: Details of any existing lease agreements
7. Property Insurance: Details of existing insurance policies
8. Due Diligence Documents: List of documents provided for due diligence
9. Assignment Form: Template form for executing assignment of the contract
Authors
Assignment
Assignee
Assignor
Business Day
Closing
Closing Date
Completion
Conditions Precedent
Deposit
Due Diligence Period
Effective Date
Encumbrances
Environmental Laws
Force Majeure
Land Register (Tingbog)
Lease Agreements
Material Adverse Change
Mortgage
Notice
Parties
Permitted Encumbrances
Property
Property Rights
Purchase Price
Real Property Register (Matrikelregister)
Registration Fees
Seller's Warranties
Stamp Duty
Survey
Title Documents
Transfer Date
Transfer Deed (Skøde)
Utilities
Valuation
VAT (Moms)
Working Day
Property Description
Purchase Price
Payment Terms
Assignment Rights
Title Transfer
Due Diligence
Warranties and Representations
Conditions Precedent
Completion Requirements
Risk Transfer
Insurance
Property Access
Environmental Compliance
Planning and Zoning
Registration Requirements
Tax Obligations
Deposit Terms
Default and Remedies
Force Majeure
Notices
Confidentiality
Entire Agreement
Amendment
Severability
Waiver
Costs and Expenses
Dispute Resolution
Governing Law
Jurisdiction
Property Maintenance
Utilities Transfer
Encumbrances
Title Insurance
Property Inspection
Mortgage Arrangements
Assignment Procedure
Land Register Compliance
Tenant Rights
Property Management
Indemnification
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