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Disclosure Agreement (Real Estate)

Disclosure Agreement (Real Estate) Template for Belgium

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Key Requirements PROMPT example:

Disclosure Agreement (Real Estate)

"I need a Real Estate Disclosure Agreement under Belgian law for a Grade II listed commercial property in Brussels that includes specific provisions for historical preservation requirements and ongoing restoration works planned for March 2025."

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Document background
The Real Estate Disclosure Agreement (Real Estate) is a crucial document in Belgian property transactions, required whenever a property owner intends to sell or transfer real estate. This document is essential under Belgian law to ensure transparency and protect both parties' interests in property transactions. It includes mandatory disclosures about property condition, legal status, environmental factors, and financial obligations as required by the Belgian Civil Code and regional regulations. The agreement is particularly important given Belgium's strict property disclosure requirements and the potential legal consequences of failing to disclose material information. It should be used prior to finalizing any property sale to document all relevant information about the property and protect against future disputes regarding disclosed information.
Suggested Sections

1. Parties: Identification of the seller/disclosing party and the potential buyer/receiving party

2. Background: Context of the disclosure, including property identification and purpose of disclosure

3. Definitions: Key terms used throughout the agreement, including property-specific and legal terminology

4. Property Information: Basic details about the property including address, cadastral references, and general description

5. Seller's Representations: Mandatory disclosures about the property's condition, history, and known issues

6. Property Condition Disclosures: Detailed information about structural conditions, repairs, and maintenance history

7. Legal and Administrative Status: Information about permits, certificates, and compliance with regulations

8. Environmental Disclosures: Environmental conditions, risks, and compliance matters

9. Financial Disclosures: Information about property charges, taxes, and other financial obligations

10. Confidentiality Obligations: Terms governing the use and protection of disclosed information

11. Duration and Termination: Period of validity and circumstances for termination

12. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction

Optional Sections

1. Historical Monument Status: Required when property has protected status or historical significance

2. Tenant Rights: Include when property is currently leased or has existing tenancy agreements

3. Neighborhood Development: Optional section for known future developments in the vicinity

4. Insurance History: Include when there is significant insurance claim history

5. Building Management: Required for apartments or properties in collective management

6. Agricultural Rights: Include for properties with agricultural designation or rights

7. Rights of First Refusal: Required when such rights exist for neighboring properties or authorities

Suggested Schedules

1. Property Plans and Drawings: Official plans, blueprints, and property boundaries

2. Energy Performance Certificate: Mandatory energy performance documentation

3. Property Tax Statements: Recent property tax assessments and payments

4. Environmental Reports: Soil certificates and environmental assessment reports

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

6. Technical Installations Report: Documentation of heating, electrical, and other technical systems

7. Photographic Documentation: Current photographs of property condition and features

8. Urban Planning Certificates: Relevant urban planning documentation and restrictions

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
Relevant legal definitions








































Clauses































Relevant Industries

Real Estate

Property Development

Construction

Legal Services

Environmental Services

Property Management

Urban Planning

Architecture

Banking and Finance

Insurance

Relevant Teams

Legal

Real Estate

Compliance

Risk Management

Property Management

Environmental

Due Diligence

Sales

Operations

Documentation

Relevant Roles

Real Estate Agent

Property Manager

Legal Counsel

Notary

Property Developer

Environmental Compliance Officer

Real Estate Investment Manager

Property Valuation Specialist

Construction Manager

Urban Planning Consultant

Real Estate Transaction Coordinator

Risk Management Officer

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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