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As Is Purchase Agreement For Home
I need an As Is Purchase Agreement For Home for a 1930s property in Amsterdam that requires significant renovation, with transfer planned for March 2025, including specific clauses about known structural issues and asbestos presence.
1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and marital status
2. Background: Context of the sale, including property history and statement of 'as is' nature of the sale
3. Definitions: Key terms used throughout the agreement, including technical and legal terminology
4. Property Description: Detailed description of the property, including cadastral details, address, and included fixtures
5. Purchase Price: Agreed purchase price, payment terms, and deposit arrangements
6. As Is Provisions: Explicit provisions regarding the 'as is' nature of the sale, including known defects and limitation of seller's liability
7. Transfer of Ownership: Conditions and process for legal transfer, including notary details and timing
8. Seller's Warranties and Representations: Limited warranties given by seller, explicitly stating what is not warranted due to 'as is' nature
9. Buyer's Acknowledgments: Buyer's confirmation of property inspection and acceptance of condition
10. Closing Conditions: Requirements to be met before closing, including funding and documentation
11. Costs and Taxes: Allocation of transaction costs, transfer tax, and other expenses
12. Default and Remedies: Consequences of breach by either party and available remedies
13. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction
14. Signatures: Execution block for all parties
1. Mortgage Contingency: Used when buyer's purchase is contingent on obtaining mortgage financing
2. Environmental Provisions: Required when specific environmental issues are known or suspected
3. Tenant Rights: Included when property is currently leased or has existing tenants
4. Renovation Restrictions: Required for properties in historic districts or with special planning restrictions
5. Ground Lease Provisions: Needed when property is subject to ground lease (erfpacht)
6. Owners Association Provisions: Required for apartments or properties part of an owners association (VvE)
7. Demolition Clause: Included when property may be subject to future demolition plans
8. Pre-emptive Rights: Required when municipality or others have pre-emptive rights
1. Property Inspection Report: Detailed report of property condition and known defects
2. List of Included Items: Inventory of fixtures and fittings included in the sale
3. Energy Performance Certificate: Mandatory energy label documentation
4. Cadastral Maps: Official property maps and boundaries
5. Land Registry Excerpts: Recent excerpts from land registry showing ownership and encumbrances
6. Photographs: Documentation of property condition at time of agreement
7. Disclosure Statement: Seller's disclosure of known issues and defects
8. VvE Documents: If applicable, owners association documents including maintenance plans and financial statements
Authors
Real Estate
Legal Services
Financial Services
Property Development
Construction
Insurance
Property Management
Urban Planning
Professional Services
Housing
Legal
Real Estate
Compliance
Risk Management
Property Management
Residential Sales
Transaction Support
Document Management
Client Services
Advisory Services
Real Estate Agent
Property Lawyer
Notary
Property Manager
Mortgage Advisor
Real Estate Transaction Coordinator
Property Surveyor
Legal Counsel
Compliance Officer
Risk Manager
Property Inspector
Real Estate Portfolio Manager
Housing Director
Title Examiner
Real Estate Administrator
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