The path to realizing the dream of home ownership or acquiring commercial real estate generally begins with the purchase of land. The property purchase contract is a notarized contract that records the individual agreements between the buyer and seller. It requires public certification to be valid. In addition to the public certification of the purchase contract, which, among other things, serves as protection against haste and ensures the clarity of the contract, the acquisition of real estate requires entry in the land registry, which ultimately completes the transfer of ownership.
With our professional expertise and many years of practical experience, we can support you in drafting the contract and in the further processing involved in acquiring ownership. We are also on hand to help with advice and assistance on financing issues.
Questions about the property purchase agreement
Preliminary contracts and contracts for the establishment of a right of first refusal, purchase or repurchase on a property.
In contrast to the limited right of first refusal contract, in which the purchase price for the event of a right of first refusal is already agreed as a fixed component of the contract, the unlimited right of first refusal contract (without determining the purchase price) does not require any public notarization to be valid. In these cases, simple written form is sufficient.
Usually, the parties agree on a specific date in the property purchase contract for the buyer to take over the property.
In the canton of Lucerne, the notary is instructed to also record the date agreed by the parties for the transfer of benefits and risks in the property purchase contract.
Usually, the parties agree that the transfer of benefits and risks should take place on the
In most cases, the parties agree that the majority of the purchase price is to be paid with the value date of the date of transfer of use and damage.