Offer to buy a property
1.Buyer and owner
- 1.1
I, the undersigned Buyer's full name, born Buyer's date of birth, residing at Buyer's address (hereinafter "the buyer"),
List every buyer.
- 1.2
make to Owner's full name, residing at Owner's address, or the agent's address (hereinafter "the owner"), this offer to buy the property described below on the following terms.
Copy the owner's name from the title sheet (list vlastnictví). List every co-owner.
- 1.1
2.Property
- 2.1
The subject of the offer is Property as described in the cadastre, registered in the cadastre of real estate kept by the Cadastral Office for Cadastral office on title sheet no. Title sheet number (list vlastnictví) for the cadastral area of Cadastral area (katastrální území), at the address Street address of the property (hereinafter "the property").
Copy it from a current extract on the free Nahlížení do KN. For a flat, add the unit, building, parcel and share in common parts. For a house, each parcel.
- 2.2
Optional
The offer also covers the following accessories and fittings: Items included in the price.
Keep it when a cellar, a parking space or furniture is part of the deal. A parking space can be a separate unit with its own entry in the cadastre.
- 2.1
3.Purchase price and payment
- 3.1
I offer a purchase price of CZK Offered price in CZK (in words: Offered price in Czech words Czech crowns).
If the figures and the words differ, a dispute follows. State in the contract whether the agent's commission is included.
- 3.2
The purchase price will be paid into escrow with Escrow holder and released to the owner only after the buyer is registered in the cadastre as owner of the property and the property is not encumbered by rights other than those the buyer has accepted.
Release against the new cadastre entry is the normal Czech practice. A lawyer's escrow must sit on a separate account marked 'advokátní úschova'.
- 3.1
4.Financing
- 4.1
Optional
I will pay the purchase price from own funds of CZK Own funds in CZK and from a mortgage loan of no more than CZK Maximum mortgage loan in CZK.
Delete both financing clauses only if you pay entirely from your own funds.
- 4.2
Optional
The offer is made subject to approval of this loan. The contract the parties sign will contain a matching condition and will allow a mortgage over the property in favour of the lending bank.
The bank will need the owner's cooperation, because its mortgage is usually filed with the cadastre together with the transfer.
- 4.1
5.Further conditions
- 5.1
The offer assumes that on the day the application for entry is filed the property will be free of mortgages, enforcement, leases and other encumbrances, except: Encumbrances you accept. If the property is mortgaged, the secured debt will be repaid from the purchase price and the mortgage deleted.
A lease does not end on a sale. The buyer takes over the landlord's position.
- 5.2
Before the contract is signed, the owner will give me the energy performance certificate and, for a unit, a confirmation from the person responsible for managing the building of any debts under § 1186 of the Civil Code.
Unpaid contributions to the owners' association can pass to the buyer. The confirmation protects you.
- 5.3
Optional
Other conditions
For example a technical inspection by a surveyor of your choice before signing.
- 5.1
6.Next steps
- 6.1
If the offer is accepted, I expect the parties to sign a purchase contract, or a contract to conclude a future purchase contract, no later than Date by which the contract is signed, drafted by Who drafts the contract.
This states an expectation, not a duty. A signed promise to sign later can itself bind as a future contract, which needs no written form (NS 33 Cdo 340/2024).
- 6.2
I propose handover of the property on Proposed handover date, but not before the buyer's ownership is registered in the cadastre.
- 6.1
7.Form of the contract
- 7.1
I state my will that the purchase contract be made in writing with the signatures of both parties on the same document. Acceptance of this offer therefore creates no purchase contract, no contract to conclude a future purchase contract and no other obligation to make a contract or to transfer the property.
Under OZ § 1758 the parties are then presumed not bound until they sign the written contract. OZ § 561(2) also requires one document for real estate.
- 7.2
I pay no sum of money with this offer.
- 7.1
8.Validity of the offer
- 8.1
This offer is valid until Last day of validity of the offer. If the owner does not state agreement in writing by that date, the offer lapses.
A few days to two weeks is common.
- 8.2
A reply from the owner with an addition, a reservation or another change is a new offer, not agreement to this offer.
- 8.1
9.Signatures
- 9.1
At Place of signature on Date of signature. Signature of the buyer: ....................
- 9.2
Owner's statement: I agree to the terms above and am ready to sign a purchase contract on them. Dated Date of the owner's statement. Signature of the owner: ....................
Each co-owner signs. This statement records agreed terms. It does not oblige the owner to sell.
- 9.1