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A Deed of Sale (Kaufvertrag) is a legally binding document that transfers ownership of property from a seller to a buyer in Austria. It details the exact terms of the sale, including the purchase price, property description, and any specific conditions agreed upon by both parties.

Under Austrian Civil Code (ABGB), this deed must be notarized to be valid for real estate transactions. The document protects both parties by clearly stating their rights and obligations, serves as proof of ownership for land registry records (Grundbuch), and typically includes provisions about payment terms, property handover dates, and any warranties the seller provides.

Use a Deed of Sale anytime you're buying or selling significant property in Austria, especially real estate. This document becomes essential during major transactions like purchasing a house, commercial building, or substantial business assets. Austrian law requires it for property transfers to be legally valid and recorded in the land registry.

The deed becomes particularly important when dealing with complex sales involving multiple conditions, specific payment arrangements, or property warranties. Having it properly drafted and notarized protects both parties from future disputes, ensures clear transfer of ownership rights, and creates a solid legal foundation for the transaction. For real estate deals, it's a mandatory step before registration in the Grundbuch.

• Simple Property Sale Deed: Basic version used for straightforward real estate transactions with standard terms and conditions
• Commercial Property Deed: Enhanced version with detailed warranties, representations, and business-specific clauses
• Conditional Sale Deed: Includes specific conditions that must be met before ownership transfers
• Installment Sale Deed: Structures the transfer of property rights based on scheduled payments over time
• Business Asset Sale Deed: Specialized version for selling company assets, including detailed inventory and valuation clauses

• Property Sellers: Individuals or companies transferring ownership rights, responsible for accurate property disclosures and warranties
• Property Buyers: Private persons or businesses acquiring the property, must fulfill payment obligations and meet contract terms
• Notaries: Essential for validating the Deed of Sale, ensuring legal compliance, and managing the authentication process
• Real Estate Agents: Often facilitate the transaction and help coordinate deed preparation
• Legal Counsel: Attorneys who review or draft the deed, ensuring their clients' interests are protected
• Land Registry Officials: Process and record the deed in the Grundbuch after completion

• Property Details: Gather complete legal description, land registry number (Grundbuchnummer), and exact property boundaries
• Party Information: Collect full legal names, addresses, and identification documents of all buyers and sellers
• Purchase Terms: Document the agreed price, payment schedule, and any specific conditions or warranties
• Property Status: Obtain current land registry extract (Grundbuchauszug) showing existing liens or encumbrances
• Handover Details: Specify the exact date of possession transfer and any interim arrangements
• Special Conditions: Note any agreed modifications to standard terms or specific requirements

• Party Identification: Full legal names and addresses of seller and buyer with their capacity to contract
• Property Description: Precise legal description matching land registry records, including all fixtures and boundaries
• Purchase Price: Exact amount, currency, and payment terms including any installment arrangements
• Transfer Declaration: Clear statement of ownership transfer (Aufsandungserklärung) for land registry purposes
• Warranties: Seller's declarations about property condition and absence of hidden defects
• Handover Terms: Specific date and conditions for property possession transfer
• Notarization Block: Space for official notary authentication as required by Austrian law

A Deed of Sale often gets confused with a Sale Agreement, but they serve different purposes in Austrian property transactions. The key distinctions lie in their legal weight and timing in the transaction process.

• Legal Status: A Deed of Sale is a formal, notarized document that actually transfers property ownership, while a Sale Agreement is a preliminary contract outlining the terms of a future sale
• Timing: Sale Agreements typically come first, documenting the parties' intentions and conditions, while the Deed follows later as the formal transfer document
• Registration Requirements: Deeds of Sale must be notarized and registered in the land registry (Grundbuch); Sale Agreements don't require these formalities
• Enforceability: A Deed of Sale immediately transfers ownership rights, whereas a Sale Agreement creates obligations but doesn't transfer title