Deed Of Purchase Template for Denmark

The Deed of Purchase is a fundamental legal document used in Danish property transactions to transfer ownership rights from one party to another. It is required whenever real property (fast ejendom) changes ownership in Denmark, whether in residential, commercial, or industrial contexts. The document must comply with the Danish Purchase Act (Købeloven), the Registration of Property Act (Tinglysningsloven), and other relevant Danish property legislation. A properly executed Deed of Purchase is essential for registering the property transfer with the Danish Land Registry and establishing legal ownership. The document includes critical information such as property details, purchase price, payment terms, warranties, and various conditions required under Danish law. It serves as the primary evidence of the transaction and the basis for property registration, tax assessment, and future property dealings.

1. Parties: Identification of the seller and buyer, including full legal names, addresses, and registration numbers if applicable

2. Background: Brief context of the transaction and identification of the property being purchased

3. Definitions: Key terms used throughout the deed, including 'Property', 'Completion Date', 'Purchase Price', etc.

4. Property Details: Detailed description of the property including address, land registry details, and cadastral number

5. Purchase Price: The agreed purchase price and payment terms, including deposit arrangements

6. Payment Terms: Detailed breakdown of how and when payments will be made, including escrow arrangements if applicable

7. Completion: The process and requirements for completing the transaction, including timing and documentation

8. Seller's Warranties: Warranties given by the seller regarding the property's condition, ownership, and encumbrances

9. Transfer of Risk: When and how risk transfers from seller to buyer

10. Registration: Provisions regarding the registration of the transfer with the Danish Land Registry

11. Costs: Allocation of transaction costs including registration fees, taxes, and professional fees

12. Governing Law: Confirmation that Danish law governs the deed

13. Signatures: Execution blocks for all parties and witnesses