The Deed Of Sale Without Land Title is a crucial document in Swiss property law, used specifically for transferring ownership of valuable movable assets such as vehicles, equipment, artwork, or other significant personal property. This document type is essential when parties need to formally document the transfer of ownership while ensuring compliance with Swiss legal requirements. It includes detailed information about the property being sold, the parties involved, purchase price, payment terms, and various warranties and representations. The deed is particularly important in Switzerland where formal documentation of ownership transfer is required for certain categories of movable property. It helps protect both parties' interests by clearly establishing the terms of sale and transfer of ownership, while providing evidence of the transaction for legal and tax purposes. The document must comply with requirements under the Swiss Civil Code and Code of Obligations, making it a legally robust instrument for property transfers.
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1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and any registration numbers for legal entities
2. Background: Context of the sale, including current ownership status and purpose of the transfer
3. Definitions: Key terms used throughout the deed, ensuring clarity and preventing misinterpretation
4. Property Description: Detailed description of the property being sold, including all relevant identifying characteristics
5. Purchase Price: The agreed purchase price, payment terms, and method of payment
6. Transfer of Ownership: Terms and timing of the transfer of ownership and possession
7. Seller's Warranties: Warranties regarding ownership, right to sell, and condition of the property
8. Buyer's Acknowledgments: Buyer's confirmation of property inspection and acceptance of condition
9. Taxes and Costs: Allocation of transfer taxes, notary fees, and other transaction costs
10. Governing Law: Confirmation of Swiss law application and jurisdiction
11. Execution: Formal execution block including date and signature requirements
1. Encumbrances: Details of any existing liens or encumbrances, used when the property has known claims or restrictions
2. Conditions Precedent: Any conditions that must be met before the sale becomes effective, used for complex transactions
3. Insurance: Transfer of insurance obligations, used for valuable items requiring continued coverage
4. Intellectual Property: Additional provisions for sales involving items with associated intellectual property rights
5. Export/Import Requirements: Special provisions for international sales requiring customs clearance
6. Maintenance Records: For sales of machinery or equipment with maintenance history
7. Third Party Consents: When the sale requires approval from other parties
1. Property Details: Comprehensive technical description, photographs, and specifications of the property
2. Proof of Ownership: Documents evidencing seller's current ownership
3. Condition Report: Detailed assessment of the property's current condition
4. Payment Schedule: If payment is to be made in installments
5. Existing Contracts: Copies of relevant contracts affecting the property
6. Maintenance Records: Historical maintenance and repair documentation
7. Regulatory Certificates: Any required certificates or permits related to the property
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