Document background
The Bargain Sale Deed is utilized in the Netherlands when transferring real property at a price below its fair market value, effectively combining a partial sale with a partial gift. This document type is commonly used in family property transfers, charitable donations to non-profit organizations, or strategic business transfers where there is an intention to transfer property at a discount. The deed must conform to strict Dutch legal requirements, including notarial execution and registration with the Land Registry (Kadaster). It contains detailed information about the property, parties involved, consideration (both the sale and gift portions), tax implications, and necessary warranties. The document is particularly important for tax planning purposes as it must clearly document the market value, sale price, and gift portion to satisfy both transfer tax (overdrachtsbelasting) and gift tax (schenkbelasting) requirements.
