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Deed Of Absolute Sale Property
"I need a Deed of Absolute Sale Property for transferring a commercial warehouse property in Amsterdam to a corporate buyer, with specific provisions for existing tenant agreements and environmental compliance requirements, scheduled for completion by March 2025."
1. Parties: Identification of the Seller(s) and Buyer(s) with full legal names, addresses, and identification details as required by Dutch law
2. Background: Brief context of the transaction and confirmation of Seller's ownership rights
3. Definitions: Key terms used throughout the deed including Property, Transfer Date, and Purchase Price
4. Property Details: Complete legal description of the property including cadastral details, address, and registered encumbrances
5. Sale and Purchase Agreement: Reference to the underlying sale agreement and its key terms
6. Purchase Price: Statement of the agreed purchase price and confirmation of payment or payment arrangements
7. Transfer of Ownership: Legal transfer declaration and warranties of unencumbered title
8. Seller's Warranties: Standard warranties regarding property ownership, absence of undisclosed encumbrances, and environmental status
9. Transfer of Rights and Obligations: Assignment of related rights, permits, and obligations to the Buyer
10. Risk Transfer: Specification of when risk and insurance obligations transfer to the Buyer
11. Delivery and Acceptance: Terms of physical property handover and acceptance
12. Registration: Provisions regarding Land Registry registration and authorization for the notary
13. Costs and Taxes: Allocation of transfer costs, taxes, and notary fees
14. Governing Law: Confirmation of Dutch law application and jurisdiction
1. Mortgage Release: Required when existing mortgages need to be discharged as part of the transfer
2. Easements and Special Conditions: Include when there are specific easements, rights of way, or special conditions that need to be maintained or created
3. Rental Situation: Required when the property is subject to existing rental agreements
4. Environmental Provisions: Include when there are specific environmental issues or soil pollution concerns
5. Monument Status: Required for properties with protected monument status
6. VvE (Owners Association) Provisions: Include for apartments or properties part of an owners association
7. Agricultural Provisions: Required for agricultural land or properties with agricultural designations
8. Planning and Zoning: Include when specific urban planning or zoning restrictions affect the property
1. Property Description Schedule: Detailed technical description of the property including boundaries, measurements, and fixtures
2. Land Registry Extract: Recent extract from the Land Registry showing current registration status
3. Transfer History: Previous transfer deeds and relevant historical documents
4. Environmental Reports: Soil quality reports and environmental investigations if applicable
5. Building Inspection Report: Technical inspection reports of the property's condition
6. Permits and Certificates: Copies of relevant building permits and energy performance certificates
7. Payment Confirmation: Proof of purchase price payment and transfer tax payment
8. Power of Attorney: If applicable, powers of attorney for parties represented by others
Authors
Real Estate
Construction
Banking & Finance
Legal Services
Property Development
Agriculture
Retail
Hospitality
Industrial
Commercial Property
Residential Property
Public Sector
Legal
Real Estate
Property Management
Facilities
Compliance
Risk Management
Corporate Services
Operations
Finance
Investment
Asset Management
Acquisitions
Real Estate Lawyer
Notary
Property Manager
Real Estate Agent
Legal Counsel
Corporate Lawyer
Property Developer
Facilities Manager
Asset Manager
Investment Manager
Real Estate Portfolio Manager
Acquisition Manager
Property Surveyor
Compliance Officer
Real Estate Transaction Manager
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