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Land Contract
"I need an Austrian Land Contract for purchasing a commercial property in Vienna's 3rd district, with provisions for existing tenant agreements and a planned handover date of March 15, 2025."
1. Parties (Vertragsparteien): Detailed identification of seller and buyer including full names, addresses, and birth dates/registration numbers
2. Background (Pr盲ambel): Context of the sale and current ownership status of the property
3. Definitions (Definitionen): Key terms used throughout the agreement
4. Property Description (Kaufobjekt): Detailed description of the property including land register details, property address, and cadastral number
5. Purchase Price (Kaufpreis): Agreed purchase price, payment terms, and payment schedule
6. Transfer of Ownership (Eigentums眉bertragung): Terms and conditions for the transfer of title and registration in the land register
7. Handover and Transfer of Risk (脺bergabe und Gefahren眉bergang): Specifics about when and how the property will be handed over and when risk transfers
8. Warranties (Gew盲hrleistungen): Seller's warranties regarding property condition, encumbrances, and title
9. Taxes and Costs (Steuern und Kosten): Allocation of transfer taxes, registration fees, and other transaction costs
10. Registration Authorization (Grundbuchserm盲chtigung): Authorization for land register registration and required declarations
11. Governing Law and Jurisdiction (Rechtswahl und Gerichtsstand): Confirmation of Austrian law application and competent court
12. Final Provisions (Schlussbestimmungen): Standard closing provisions including severability and amendments
1. Mortgage Release (Pfandrechtsl枚schung): Required when existing mortgages need to be cleared, including process and timing
2. Tenant Provisions (Mietverh盲ltnisse): Required when property is subject to existing tenancies
3. Development Obligations (Bauverplichtungen): Used when the contract includes obligations for future development of the land
4. Agricultural Land Provisions (Grundverkehrsrechtliche Bestimmungen): Required for agricultural land transfers requiring special permissions
5. Foreign Buyer Provisions (Ausl盲ndergrundverkehr): Required when the buyer is not an Austrian citizen/resident
6. Easements and Rights (Dienstbarkeiten und Rechte): Required when specific easements or rights need to be created or preserved
7. Environmental Provisions (Umweltrechtliche Bestimmungen): Required when environmental issues or contamination need to be addressed
1. Land Register Extract (Grundbuchauszug): Current official extract from the land register showing ownership and encumbrances
2. Cadastral Map (Katasterplan): Official map showing the property boundaries and location
3. Property Documentation (Objektunterlagen): Building permits, plans, and technical documentation if buildings are included
4. Energy Certificate (Energieausweis): Mandatory energy performance certificate for buildings
5. Payment Schedule (Zahlungsplan): Detailed schedule of payment installments if applicable
6. Property Handover Protocol (脺bergabeprotokoll): Template for documenting the condition at handover
7. Due Diligence Documents (Due Diligence Unterlagen): Relevant property inspection reports and technical assessments
Authors
Real Estate
Construction
Agriculture
Commercial Property
Residential Property
Banking & Finance
Legal Services
Property Development
Urban Planning
Tourism & Hospitality
Legal
Real Estate
Property Management
Compliance
Finance
Operations
Business Development
Asset Management
Investment
Risk Management
Real Estate Lawyer
Property Manager
Real Estate Developer
Investment Manager
Legal Counsel
Compliance Officer
Real Estate Agent
Property Surveyor
Land Registry Officer
Notary Public
Commercial Director
Facilities Manager
Asset Manager
Development Director
Agricultural Land Manager
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