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Property Sale Contract
I need a Property Sale Contract under Danish law for the purchase of a commercial warehouse in Copenhagen, including specific provisions for existing tenant agreements and environmental compliance requirements, with the transaction planned to complete by March 2025.
1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and registration numbers for any corporate entities
2. Background: Brief context of the transaction and property overview
3. Definitions: Definitions of key terms used throughout the contract
4. Property Description: Detailed description of the property including address, land registry details, cadastral number, and total area
5. Purchase Price: Specified purchase price, payment terms, and deposit requirements
6. Payment Terms: Detailed structure of payments including deposit, timing, and method of payment
7. Transfer of Ownership: Terms and conditions for the transfer of title and registration in the land registry
8. Closing Date and Handover: Specified date for closing the transaction and transferring possession
9. Seller's Warranties: Warranties regarding property condition, encumbrances, and legal status
10. Property Condition: Current condition of the property and any known defects
11. Due Diligence: Buyer's right to inspect and investigate the property
12. Costs and Taxes: Allocation of transaction costs, registration fees, and property taxes
13. Default and Remedies: Consequences of breach and available remedies for both parties
14. Governing Law: Specification of Danish law as governing law and jurisdiction
15. Signatures: Execution block for all parties
1. Tenant Rights: Required when the property is currently leased, detailing existing tenancy agreements and transfer of landlord obligations
2. Mortgage Arrangements: Include when there are specific arrangements regarding existing or new mortgages
3. Renovation Requirements: Include when specific renovations are agreed to be completed before or after closing
4. Environmental Conditions: Required when there are known environmental issues or investigations
5. Planning Permissions: Include when there are pending or required planning permissions
6. Property Management: Required for properties with shared facilities or management arrangements
7. Furniture and Fixtures: Include when specific movable items are included in the sale
8. Development Rights: Required when there are specific development possibilities or restrictions
1. Property Documentation: Land registry extract, cadastral maps, and property drawings
2. Technical Due Diligence: Building inspection reports, energy performance certificate, and technical assessments
3. Financial Information: Property tax assessments, utility bills, and maintenance costs
4. Environmental Reports: Soil contamination reports and environmental assessments
5. Planning Documents: Zoning certificates, building permits, and local development plans
6. Insurance Documentation: Current insurance policies and claims history
7. Maintenance Records: History of repairs, improvements, and maintenance schedule
8. Photographs: Current photographs documenting the property's condition
9. Tenant Documentation: Existing lease agreements and tenant correspondence if applicable
Authors
Real Estate
Construction
Financial Services
Legal Services
Property Development
Insurance
Banking
Property Management
Urban Development
Residential Housing
Commercial Property
Legal
Real Estate
Property Management
Transactions
Compliance
Contract Administration
Property Development
Investment
Finance
Risk Management
Operations
Real Estate Lawyer
Property Lawyer
Real Estate Agent
Property Manager
Legal Counsel
Conveyancing Lawyer
Property Developer
Real Estate Investment Manager
Property Transaction Manager
Contract Manager
Legal Director
Real Estate Director
Property Surveyor
Mortgage Advisor
Compliance Officer
Real Estate Paralegal
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