Document background
The Deed of Purchase (Kaufvertrag/Contrat de vente) is a fundamental legal instrument in Swiss property law, used to formalize and execute the transfer of real estate ownership. This document is mandatory for any real estate transaction in Switzerland and must be notarized to be legally valid. It serves multiple purposes: documenting the agreement between parties, satisfying legal requirements for property transfer, enabling land registry registration, and establishing the basis for property taxation. The deed must comply with strict formal requirements under Swiss law, including detailed property description, precise payment terms, and specific warranties. It's particularly important to note that unlike some other jurisdictions, Swiss law requires authentic form (notarization) for the deed to be legally binding, making it a crucial document in the Swiss real estate transaction process.
