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Real Estate Purchase Agreement
"I need a Real Estate Purchase Agreement for acquiring a commercial warehouse property in Amsterdam, with specific provisions for environmental compliance and existing tenant rights, planned for completion by March 2025."
1. Parties: Identification of the seller and buyer with full legal names, addresses, and relevant registration numbers for legal entities
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 cadastral details, address, and registered particulars
5. Purchase Price: Specification of the purchase price, payment terms, and deposit requirements
6. Transfer of Ownership: Terms regarding the transfer deed, notary selection, and completion date
7. State of the Property: Description of the property's condition, including known defects and warranties
8. Use of the Property: Current use, permitted use, and any restrictions or limitations
9. Transfer of Rights: Assignment of associated rights, permits, and guarantees
10. Risks and Insurance: Allocation of risks and insurance requirements before and after transfer
11. Notarial Matters: Requirements for notarial execution and registration
12. Representations and Warranties: Statements and guarantees by both parties
13. Default and Remedies: Consequences of breach and available remedies
14. Governing Law: Confirmation of Dutch law application and jurisdiction
15. Execution: Signature requirements and date
1. Mortgage Arrangements: Include when buyer requires mortgage financing, specifying conditions and deadlines
2. Rental Situations: Include when property is currently rented or will be rented post-sale
3. Environmental Provisions: Include when there are specific environmental concerns or investigations needed
4. Registration Rights: Include when preliminary registration of the agreement is required
5. Building Inspection: Include when a building inspection is a condition of the purchase
6. Renovation/Construction: Include when property requires or is undergoing renovation/construction
7. Agricultural Provisions: Include for rural properties with agricultural designations
8. Monument Status: Include when property is a listed monument or in a protected area
9. Ground Lease: Include when property is subject to ground lease (erfpacht)
1. Property Details: Detailed description of the property including floor plans and cadastral maps
2. List of Inclusions: Inventory of items included in the sale
3. List of Exclusions: Inventory of items explicitly excluded from the sale
4. Disclosed Defects: List of known defects or maintenance issues
5. Environmental Reports: Any environmental surveys or soil investigation reports
6. Building Permits: Copies of relevant building permits and certificates
7. Energy Performance Certificate: Current energy performance certificate (energielabel)
8. Property Charges: Overview of property-related charges and taxes
9. Deed History: Historical information about previous transfers and rights
Authors
Real Estate
Banking & Finance
Construction
Legal Services
Property Development
Hospitality
Retail
Manufacturing
Agriculture
Healthcare
Education
Legal
Real Estate
Facilities
Corporate Development
Risk & Compliance
Finance
Operations
Investment
Property Management
Business Development
Real Estate Lawyer
Property Manager
Real Estate Agent
Notary
Corporate Counsel
Legal Counsel
Facilities Manager
Asset Manager
Investment Manager
Property Developer
Transaction Manager
Compliance Officer
Risk Manager
Business Development Manager
Corporate Real Estate Manager
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