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Contract To Sell A House

Contract To Sell A House Template for Austria

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Key Requirements PROMPT example:

Contract To Sell A House

"I need a Contract To Sell A House for a property in Vienna, Austria, where the property is currently tenanted and the sale needs to complete by March 2025, with specific provisions for the transfer of existing rental agreements and tenant deposits."

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Document background
The Contract To Sell A House is a crucial legal document used in Austrian real estate transactions for transferring residential property ownership. It must be drafted in compliance with Austrian legal requirements, particularly the Austrian Civil Code (ABGB) and Land Registry Act. This document is essential when transferring ownership of residential real estate between parties, whether they are private individuals or corporate entities. The contract includes mandatory elements such as precise property identification, purchase price, payment terms, and the 础耻蹿蝉补苍诲耻苍驳蝉别谤办濒盲谤耻苍驳 required for land registry registration. It should be notarized to ensure legal validity and enable property registration. The document also addresses tax obligations, property handover conditions, and warranties, making it a comprehensive framework for the entire transaction.
Suggested Sections

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

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

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

4. Property Description: Detailed description of the property including land registry details (Einlagezahl), cadastral number, address, and size

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

6. Payment Method: Details of how payments will be made, including escrow arrangements if applicable

7. Transfer of Ownership: Terms and conditions for the transfer of property ownership and registration in the land registry

8. Handover: Conditions and timing for the physical handover of the property

9. Warranties: Seller's warranties regarding property condition, encumbrances, and legal status

10. Taxes and Costs: Allocation of transaction costs, taxes, and fees between parties

11. Registration Authorization: Authorization for land registry registration (础耻蹿蝉补苍诲耻苍驳蝉别谤办濒盲谤耻苍驳)

12. Governing Law: Confirmation of Austrian law application and jurisdiction

13. Execution: Signature requirements and notarization provisions

Optional Sections

1. Mortgage Release: Required if the property has existing mortgages that need to be cleared

2. Fixtures and Fittings: Detailed list of items included/excluded in the sale if specific arrangements are made

3. Construction Requirements: Included if the property has ongoing construction or requires specific modifications before completion

4. Tenant Provisions: Required if the property is currently leased to tenants

5. Environmental Matters: Included if there are specific environmental considerations or requirements

6. Planning Permissions: Required if there are pending planning applications or restrictions

7. Pre-emption Rights: Needed if there are existing pre-emption rights that need to be addressed

8. Defects Liability: Specific arrangements regarding known defects or ongoing repairs

Suggested Schedules

1. Land Registry Extract: Current land registry extract (Grundbuchauszug) showing ownership and encumbrances

2. Property Plans: Official cadastral plans and building plans

3. Energy Certificate: Legally required energy performance certificate (Energieausweis)

4. Property Documentation: Building permits, usage permits, and other relevant certificates

5. Inventory List: Detailed inventory of included fixtures, fittings, and furniture if applicable

6. Condition Report: Current condition report and documentation of any known defects

7. Tax Clearance: Property tax clearance certificate from the municipality

8. Insurance Certificates: Current building insurance documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Real Estate

Legal Services

Banking & Finance

Property Development

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Legal

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Property Development

Sales

Investment

Advisory

Relevant Roles

Real Estate Lawyer

Property Lawyer

Notary

Real Estate Agent

Property Manager

Real Estate Development Manager

Legal Counsel

Conveyancing Lawyer

Property Surveyor

Mortgage Advisor

Real Estate Investment Manager

Property Transaction Manager

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Industries








Teams

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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