House Sale Agreement Template for Denmark

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House Sale Agreement

Document background

The House Sale Agreement is a crucial legal document used in Danish residential property transactions to formalize the transfer of ownership between parties. It is essential when any residential property is being sold in Denmark, whether it's a house, villa, or similar residential structure. The agreement must comply with specific Danish legal requirements, including the Danish Purchase Act, Registration of Property Act, and various property-related regulations. It contains mandatory elements such as energy certification, property inspection reports, and detailed property information. The document serves multiple purposes: it protects both parties' interests, ensures legal compliance, facilitates property registration, and provides a clear framework for the transaction's completion. This agreement is particularly important in the Danish context due to the country's specific property registration system and consumer protection requirements.

Suggested Sections

1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and CPR/CVR numbers

2. Background: Brief context of the sale and property ownership history

3. Definitions: Key terms used throughout the agreement

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

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

6. Condition of Property: Current state of the property, including known defects and results of property inspection

7. Transfer of Ownership: Terms and timing of ownership transfer, including registration requirements

8. Closing Conditions: Prerequisites for closing, including documentation and registration requirements

9. Settlement and Registration: Process for final settlement and property registration

10. Property Charges and Expenses: Allocation of property taxes, utilities, and other ongoing charges

11. Representations and Warranties: Seller's declarations regarding property condition and ownership

12. Risk Transfer: Timing and conditions for transfer of risk related to the property

13. Governing Law and Jurisdiction: Specification of Danish law application and dispute resolution

14. Signatures: Execution blocks for all parties and witnesses

Optional Sections

1. Mortgage Arrangements: Details of existing mortgages and arrangements for their discharge or transfer

2. Tenant Provisions: Required when the property is currently leased, detailing tenant rights and arrangements

3. Fixtures and Fittings: Detailed list of items included/excluded in the sale when specific arrangements are needed

4. Environmental Matters: Specific provisions regarding environmental issues if relevant to the property

5. Planning and Development: Details of any ongoing or planned development affecting the property

6. Property Management: Arrangements for property management during the transition period

7. Special Conditions: Any unique requirements or conditions specific to the transaction

Suggested Schedules

1. Property Description Schedule: Detailed description of the property including boundaries, easements, and rights of way

2. Title Documents: Copies of relevant title documents and land registry information

3. Energy Performance Certificate: Mandatory energy rating certificate (energimærkning)

4. Property Inspection Report: Technical assessment of the property's condition (tilstandsrapport)

5. Insurance Information: Details of existing insurance and house owner's insurance (ejerskifteforsikring)

6. Property Charges Statement: Statement of all current property charges and utilities

7. Fixtures and Fittings List: Comprehensive inventory of items included in the sale

8. Land Registry Extract: Current extract from the Danish Land Registry (tingbogsattest)

9. Property Tax Assessment: Current property tax assessment and payment status

10. Building Permits: Copies of relevant building permits and certificates

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