Document background
The Real Estate Contract of Sale (koopovereenkomst) is a fundamental legal document used in the Netherlands for all property transactions. It serves as the primary agreement between parties for the transfer of real estate ownership and must comply with specific requirements under Dutch law. This document is typically prepared before the involvement of a notary and outlines all essential aspects of the transaction, including property details, purchase price, transfer conditions, and warranties. It is a crucial prerequisite for the eventual notarial deed of transfer and provides the framework for completion of the property transaction. The contract must address mandatory elements required by Dutch property law, including provisions about the property's condition, existing encumbrances, and the cooling-off period for residential properties. It forms the basis for all subsequent steps in the property transfer process and protects the interests of both buyer and seller.
