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Form For Real Estate Purchase Agreement
"I need a Form For Real Estate Purchase Agreement for a residential property purchase in Amsterdam, with a cooling-off period and financing condition, to be completed by March 2025."
1. Parties: Identification of the seller(s) and buyer(s) with full legal names, addresses, and other relevant details
2. Background: Context of the transaction 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 address, land registry details, size, and cadastral information
5. Purchase Price: Specification of the purchase price, payment terms, and deposit arrangements
6. Transfer of Ownership: Details about the transfer deed (leveringsakte), timing, and notary arrangements
7. State of the Property: Description of the property's condition, including known defects and maintenance state
8. Use of the Property: Current and permitted use of the property, zoning details, and any restrictions
9. Transfer and Costs: Division of costs related to the transfer, including transfer tax, notary fees, and registration costs
10. Representations and Warranties: Seller's declarations regarding property ownership, encumbrances, and other material facts
11. Risk Transfer: Timing and conditions of risk transfer from seller to buyer
12. Default and Remedies: Consequences of breach by either party and available remedies
13. Completion: Requirements and conditions for completion of the sale
14. Governing Law: Confirmation of Dutch law application and jurisdiction
15. Execution: Signature blocks and execution requirements
1. Financing Condition: Used when the purchase is subject to the buyer obtaining mortgage financing
2. Building Inspection: Include when the buyer reserves the right to have a building inspection performed
3. Occupancy Status: Required when the property is currently leased or when existing occupancy agreements need to be addressed
4. Environmental Clause: Include when there are known or suspected environmental issues
5. Renovation/Construction: Used when specific renovations or construction work is agreed as part of the purchase
6. Parking: Include when separate parking rights or permits are involved
7. Association of Owners: Required for apartments or properties with shared facilities
8. Ground Lease: Include when the property is subject to ground lease (erfpacht)
1. Property Details Schedule: Detailed description of the property including exact measurements and boundaries
2. Inventory List: List of included and excluded items/fixtures
3. Land Registry Extract: Recent extract from the Land Registry (Kadaster)
4. Energy Performance Certificate: Current energy label and performance details
5. List of Defects: Known defects and maintenance issues
6. Photographs: Current photographs of the property and any relevant defects or features
7. Previous Surveys: Any existing survey reports or property inspections
8. Building Plans: Relevant building plans and permits
Authors
Real Estate
Construction
Banking & Finance
Legal Services
Property Development
Urban Planning
Architecture
Insurance
Property Management
Facilities Management
Public Sector
Residential Housing
Commercial Property
Legal
Real Estate
Facilities Management
Property Management
Compliance
Risk Management
Corporate Services
Operations
Finance
Investment
Business Development
Administrative Support
Real Estate Agent
Property Lawyer
Notary
Legal Counsel
Property Manager
Facilities Manager
Real Estate Developer
Property Surveyor
Mortgage Advisor
Real Estate Investment Manager
Property Portfolio Manager
Compliance Officer
Risk Manager
Real Estate Transaction Manager
Corporate Real Estate Manager
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