Deed Of Sale Of Property Template for Denmark

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Deed Of Sale Of Property

Document background

The Deed of Sale of Property is a fundamental legal document used in Danish real estate transactions to transfer property ownership from one party to another. It serves as the primary instrument for documenting property sales in Denmark and must comply with the requirements of the Danish Registration of Property Act (Tinglysningsloven), the Danish Contracts Act (Aftaleloven), and other relevant property legislation. This document is essential for both residential and commercial property transactions, containing crucial information such as property details, purchase price, conditions of sale, and various warranties. The deed must be properly executed and registered with the Danish Land Registry to ensure legal validity and protection of the parties' interests. It forms the basis for property registration and serves as evidence of ownership transfer in the Danish property system.

Suggested Sections

1. Parties: Identification and details of the seller(s) and buyer(s), including full legal names, addresses, and civil registration numbers (CPR)

2. Background: Brief context of the property sale and confirmation that the seller is the rightful owner

3. Definitions: Definitions of key terms used throughout the deed

4. Property Details: Complete description of the property including address, land registry number (matrikelnummer), size, and cadastral details

5. Purchase Price: Agreed purchase price, payment terms, and deposit arrangements

6. Transfer of Ownership: Date of possession and transfer of legal ownership (overtagelsesdag)

7. Property Condition: Current condition of the property and any known defects or issues

8. Seller's Warranties: Warranties regarding property ownership, encumbrances, and disclosed information

9. Property Charges: Existing charges, mortgages, and how they will be handled

10. Tax and Expenses: Distribution of property taxes, utilities, and transaction costs

11. Registration: Arrangements for registration of the deed with the Land Registry (Tinglysning)

12. Governing Law: Confirmation that the deed is governed by Danish law

13. Signatures: Execution blocks for all parties and witnesses

Optional Sections

1. Tenant Rights: Required if the property is currently leased or has tenants

2. Environmental Matters: Required if there are specific environmental considerations or contamination issues

3. Planning Permissions: Required if there are ongoing building works or pending permissions

4. Easements: Required if there are specific easements or rights of way affecting the property

5. Fixtures and Fittings: Detailed list of items included/excluded in the sale if needed

6. Property Use Restrictions: Required if there are specific restrictions on property use or development

7. Third Party Rights: Required if there are any third-party rights affecting the property

Suggested Schedules

1. Property Plan: Official cadastral map and property boundaries

2. Energy Performance Certificate: Mandatory energy rating certificate (Energimærkning)

3. Property Inspection Report: Technical inspection report (Tilstandsrapport)

4. Insurance Information: Details of property insurance and house owner's insurance

5. Property Charges Statement: Statement of all charges and encumbrances registered against the property

6. Land Registry Extract: Current extract from the Land Registry (Tingbogsattest)

7. Municipality Information: Local authority information and property taxes

8. Photographs: Recent photographs of the property and any relevant features

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