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Pre Sale Purchase Agreement Template for Austria

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Key Requirements PROMPT example:

Pre Sale Purchase Agreement

"I need an Austrian Pre Sale Purchase Agreement for the acquisition of custom manufacturing equipment worth 鈧500,000, with staged payments and specific technical requirements for the machinery to be delivered by March 2025."

Document background
A Pre-Sale Purchase Agreement is commonly used in Austria when parties wish to enter into a binding commitment for a future sale before the subject matter of the sale is ready for immediate transfer. This document type is particularly relevant for off-plan property purchases, custom-manufactured goods, or future-delivery arrangements. The agreement must comply with Austrian civil law (ABGB), consumer protection legislation if applicable, and specific regulations depending on the subject matter (such as the BTVG for real estate development). The Pre-Sale Purchase Agreement typically includes detailed specifications of the item or property, payment schedules, completion timelines, warranties, and conditions precedent. It serves to protect both parties' interests during the period between contract signing and final completion, providing clear rights and obligations under Austrian jurisdiction.
Suggested Sections

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

2. Background: Context of the transaction, brief description of the subject matter, and intention to enter into a pre-sale agreement

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Purchase Price', 'Completion Date', etc.

4. Subject Matter of Sale: Detailed description of the item/property being sold, including specifications, condition, and any relevant identifiers

5. Purchase Price: The agreed price, payment schedule, deposit requirements, and payment methods

6. Payment Terms: Detailed breakdown of payment installments, deadlines, and consequences of late payment

7. Conditions Precedent: Conditions that must be fulfilled before the sale becomes binding

8. Completion: Process and requirements for completing the sale, including timing and delivery requirements

9. Seller's Warranties: Warranties regarding ownership, condition, and authority to sell

10. Buyer's Warranties: Warranties regarding capacity to purchase and financial ability

11. Risk and Insurance: Allocation of risk and insurance requirements during the pre-sale period

12. Termination: Circumstances under which either party may terminate and consequences

13. Governing Law and Jurisdiction: Confirmation of Austrian law application and jurisdiction for disputes

14. Notices: How formal communications between parties should be made and delivered

15. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

Optional Sections

1. Construction Timeline: For real estate pre-sales, detailing construction milestones and completion dates

2. Specifications and Plans: For off-plan purchases or custom orders, detailed technical specifications

3. Mortgage Contingency: When buyer's purchase is contingent on obtaining financing

4. Property Management: For real estate pre-sales involving ongoing management arrangements

5. Escrow Arrangements: When using an escrow agent to hold deposits or documents

6. Due Diligence: When specific due diligence periods or requirements are needed

7. Assignment Rights: If transfer of rights under the agreement is to be permitted

8. Force Majeure: Extended force majeure provisions for long-term pre-sale arrangements

Suggested Schedules

1. Property Description: Detailed technical description of the property or item being sold

2. Payment Schedule: Detailed breakdown of payment installments and due dates

3. Specifications: Technical specifications, plans, or drawings

4. Form of Transfer Deed: Template for the final transfer document

5. Due Diligence Documents: List of required due diligence documents

6. Warranty Terms: Detailed warranty conditions and procedures

7. Construction Schedule: Detailed timeline for construction phases if applicable

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

Relevant legal definitions
































Clauses



































Relevant Industries

Real Estate

Construction

Manufacturing

Automotive

Luxury Goods

Technology

Industrial Equipment

Retail

Energy

Infrastructure

Relevant Teams

Legal

Sales

Procurement

Business Development

Finance

Compliance

Real Estate

Commercial

Project Management

Risk Management

Relevant Roles

Legal Counsel

Contract Manager

Sales Director

Procurement Manager

Real Estate Developer

Project Manager

Business Development Manager

Commercial Director

Finance Manager

Compliance Officer

Property Manager

Sales Manager

General Counsel

Transaction Manager

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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