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The Registered Agreement For Sale is a crucial document in German real estate transactions, required whenever real property ownership is transferred. This document type is mandated by German law and must be executed before a notary public, who ensures compliance with all legal requirements and explains the content to all parties. It's used for both residential and commercial property transactions, containing detailed information about the property, parties involved, purchase price, payment terms, and conditions for transfer. The agreement must meet specific requirements under the German Civil Code (BGB), Land Registration Code (GBO), and Notarisation Act (BeurkG). It serves as the basis for the subsequent registration of the property transfer in the German land register (Grundbuch) and typically includes provisions addressing tax obligations, warranties, and property handover procedures.

1. Parties: Identification and details of the seller and purchaser, including full legal names, addresses, and registration details if companies

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

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

4. Property Description: Detailed description of the property including land registry details, boundaries, and included fixtures and fittings

5. Purchase Price: Statement of the purchase price, payment terms, and method of payment

6. Transfer of Ownership: Terms and conditions for the transfer of property ownership and registration in the land register (Grundbuch)

7. Representations and Warranties: Seller's declarations regarding the property's condition, encumbrances, and legal status

8. Closing Conditions: Prerequisites for completion of the sale, including necessary approvals and registrations

9. Costs and Taxes: Allocation of transaction costs, including notary fees, registration costs, and real estate transfer tax

10. Handover: Terms for the physical handover of the property and transfer of possession

11. Governing Law: Confirmation of German law as governing law and jurisdiction

12. Notarization: Acknowledgment of notarization requirement and process