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Real Estate Offer Agreement
"I need a Real Estate Offer Agreement for a foreign corporate buyer looking to purchase a commercial property in Zurich for EUR 5 million, with specific clauses addressing Lex Koller compliance and environmental due diligence requirements."
1. Parties: Identification of the potential buyer (offeror) and property owner (offeree), including full legal names, addresses, and any corporate details
2. Background: Context of the offer, including brief property description and purpose of the agreement
3. Definitions: Key terms used throughout the agreement, including property-specific terminology
4. Property Description: Detailed description of the real estate, including address, land registry details, and property specifications
5. Purchase Price: Proposed purchase price, payment terms, and deposit requirements
6. Offer Terms: Duration of the offer, acceptance mechanism, and any conditions for validity
7. Due Diligence: Buyer's rights to inspect the property and review relevant documentation
8. Closing Conditions: Prerequisites for completing the transaction, including regulatory approvals
9. Representations and Warranties: Standard declarations about property ownership, condition, and legal status
10. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction
1. Financing Conditions: Include when the offer is subject to obtaining mortgage or other financing
2. Property Development Plans: Include when the buyer has specific development or renovation plans requiring approval
3. Lex Koller Compliance: Include for foreign buyers requiring special permits under Swiss law
4. Existing Tenancies: Include when the property has current tenants and associated agreements
5. Environmental Conditions: Include when environmental assessments or remediation may be required
6. Property Management: Include for properties requiring specific management arrangements during the offer period
7. Commission Agreement: Include when real estate agents are involved in the transaction
1. Property Details Schedule: Comprehensive description of the property, including exact measurements, boundaries, and included fixtures
2. Land Registry Extract: Official extract from the Swiss land registry showing ownership and encumbrances
3. Property Plans: Official floor plans, site plans, and any relevant architectural drawings
4. Due Diligence Checklist: List of documents and inspections required for due diligence
5. Payment Schedule: Detailed breakdown of payment terms, including deposit and installment schedules
6. Property Photographs: Recent photographs documenting the current state of the property
7. Required Permits: Copies or list of required permits and approvals for the transaction
Authors
Real Estate
Banking & Finance
Legal Services
Property Development
Construction
Investment Management
Property Management
Professional Services
Insurance
Legal
Real Estate
Compliance
Finance
Investment
Risk Management
Property Management
Business Development
Operations
Corporate Development
Real Estate Director
Property Manager
Legal Counsel
Compliance Officer
Investment Manager
Real Estate Agent
Property Developer
Acquisition Manager
Portfolio Manager
Finance Director
Real Estate Analyst
Transaction Manager
Risk Manager
Asset Manager
Chief Investment Officer
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