Residential Real Estate Purchase Contract Template for Denmark

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Residential Real Estate Purchase Contract

Document background
The Residential Real Estate Purchase Contract is a crucial legal instrument used in Danish property transactions to formalize the sale and purchase of residential properties. This document is essential when transferring ownership of houses, apartments, or other residential properties in Denmark, ensuring compliance with Danish property law and registration requirements. It includes mandatory elements such as energy certificates, property condition reports, and specific consumer protection provisions required under Danish legislation. The contract serves as the primary agreement between parties, documenting the terms of sale, property details, financial arrangements, and respective obligations. It's designed to protect both buyers and sellers while meeting all regulatory requirements for property transfers in Denmark, including those set by the Danish Registration of Property Act (Tinglysningsloven) and related property legislation.
Suggested Sections

1. Parties: Identification of the seller(s) and buyer(s) with full legal names, addresses, and CPR numbers/CVR numbers

2. Background: Context of the sale and brief description of the property transaction

3. Definitions: Key terms used throughout the agreement

4. Property Details: Complete description of the property including address, land registry details, plot size, and building specifications

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

6. Financing: Details of how the purchase will be financed, including mortgage arrangements

7. Condition of Property: Current state of the property, including any known defects or issues

8. Property Inspection: Results of property inspection and any agreed remedial works

9. Energy Rating: Current energy performance certificate details as required by Danish law

10. Fixtures and Fittings: List of items included and excluded from the sale

11. Transfer of Ownership: Terms for legal transfer of title and registration requirements

12. Completion Date: Agreed date for completion and property handover

13. Insurance: Requirements for property insurance during the transfer period

14. Costs and Taxes: Allocation of transaction costs, registration fees, and property taxes

15. Representations and Warranties: Standard warranties from both parties regarding the transaction

16. Governing Law: Confirmation of Danish law as governing law and jurisdiction

Optional Sections

1. Tenant Rights: Required if the property is currently tenanted, detailing existing tenancy agreements and transfer of obligations

2. Property Management: Required for properties within housing associations or managed communities

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

4. Planning Permissions: Required if there are ongoing planning applications or restrictions

5. Renovation Agreement: Required if specific renovation works are agreed as part of the sale

6. Parking Rights: Required if separate parking spaces or garages are included

7. Storage Facilities: Required if separate storage areas are included in the sale

8. Right of First Refusal: Required for properties where neighbors or others have legal right of first refusal

Suggested Schedules

1. Property Documentation: Land registry extract (Tingbogsattest) and cadastral map

2. Technical Due Diligence: Building inspection report (Tilstandsrapport) and electricity report

3. Energy Performance Certificate: Current energy rating certificate (Energimærkning)

4. Property Charges: Statement of all property charges, taxes, and utilities

5. Insurance Documentation: Details of existing insurance policies and claims history

6. Property Plans: Floor plans and site plans of the property

7. Fixtures and Fittings List: Detailed inventory of included and excluded items

8. Property Photographs: Current dated photographs of the property

9. Ownership History: Details of previous ownership and any relevant historical information

10. Community Regulations: Any applicable housing association or community rules

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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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