Purchase agreement
1.Parties
- 1.1
The undersigned seller Seller's name and CPR or date of birth, Seller's address, hereby sells to the undersigned buyer Buyer's name and CPR or date of birth, Buyer's address, the property described below on the following terms.
Name as seller every owner shown in the land register. List every buyer and the ownership shares.
- 1.1
2.The property
- 2.1
The property Cadastral number and district, located at Address of the property, of the type Type of property, with a land area of Land area m² and a living area according to BBR of Living area in m² according to BBR m².
Give matrikelnummer and ejerlav. For a flat, add the ejerlejlighed number and its share of the common property (fordelingstal).
- 2.2
The property is transferred with the rights and obligations that the land register shows as burdening or benefiting the property, and of which the buyer has received a copy.
Read every easement (servitut) before you sign. Some limit building, use or letting.
- 2.3
The seller warrants that the stated areas match the registered areas. The seller does not warrant that the registered areas match the actual areas.
The seller-friendly default. Take areas from the land register, for a flat its registered area. If the area matters to the price, have it measured first.
- 2.1
3.Fixtures and fittings
- 3.1
The sale includes the fixtures and fittings on the property, including: Items included in the sale. The following are not included: Items the seller takes away.
- 3.1
4.Purchase price and payment
- 4.1
The cash purchase price is Purchase price in kroner, in figures kroner, in words Purchase price in words kroner.
- 4.2
The buyer deposits a cash amount of Cash deposit in kroner kroner in Where the deposit is paid no later than Weekdays to deposit the cash weekdays after the purchase has become binding on the buyer. The amount is released to the seller when the buyer holds a deed without registration remarks, but not before the takeover date.
Pay to a blocked account at the seller's bank or the buyer's lawyer, never to the seller. Set the deadline after the adviser reservation and withdrawal period.
- 4.3
No later than Weekdays to give the bank guarantee weekdays after the purchase has become binding on the buyer, the buyer provides a guarantee from a bank for the rest of the price. The guarantee is replaced by a cash deposit on the takeover date.
- 4.4
If the buyer does not pay on time, the buyer pays interest on the amount due from the due date until payment.
You can agree a rate in this clause.
- 4.1
5.Reservations
- 5.1
On the buyer's side, the purchase is conditional on the buyer's adviser, Buyer's adviser, approving the purchase as a whole. Objections must reach the seller in writing no later than 4 pm, Weekdays for the adviser's objections weekdays after both parties have signed the purchase agreement. If no objection arrives before the deadline, the purchase binds the buyer, except for the withdrawal right under the Act on consumer protection in the acquisition of real property. The withdrawal period runs at the same time as the objection period.
boligejer.dk quotes this wording as usual practice. Never delete it as a buyer. Name a lawyer or buyer's adviser, with firm and email. 3 to 5 weekdays is usual.
- 5.2
Optional
The purchase is further conditional on Buyer's bank approving the buyer's financing no later than Weekdays for the bank's approval weekdays after both parties have signed the purchase agreement.
Delete it only if you pay entirely from your own funds.
- 5.1
6.House inspection scheme
- 6.1
Optional
Before signing the purchase agreement, the buyer has received a condition report dated Date of the condition report, an electrical installation report dated Date of the electrical report and an offer from Change-of-ownership insurer of change-of-ownership insurance. The buyer has been informed of the legal effects under section 2 of the Act on consumer protection in the acquisition of real property.
Keep both clauses for a house sold under the scheme. The seller is then in principle not liable for the buildings' physical condition. Else delete both.
- 6.2
Optional
The seller undertakes to pay half of the premium for the offered change-of-ownership insurance if the buyer takes out this or another insurance that meets the conditions of the Act. The amount is settled in the settlement statement.
Without this written promise before the agreement, the seller loses the protection of the scheme (§ 2(3)).
- 6.1
7.Condition of the property and disclosures
- 7.1
The buyer has inspected the property. The seller states that the seller knows of no defects in the property other than the following: Defects the seller knows of.
The seller must disclose what can affect the buyer's decision. Silence on a known defect can make the seller liable. Write defects here, not only in an email.
- 7.2
Optional
Before signing the purchase agreement, the buyer has received the energy label of the property, class Energy label class and date.
Keep it when the building must have an energy label. Holiday homes and detached buildings under 60 m² need none.
- 7.3
Optional
The property is a member of Ejerforening or grundejerforening. From the takeover date the buyer takes over the seller's rights and obligations towards the association. The seller warrants that nothing is owed to the association on the takeover date.
Keep it for an ejerforening or grundejerforening. Give name and monthly contribution. Attach statutes, latest accounts, budget and general meeting minutes.
- 7.1
8.Mortgage debt
- 8.1
The property is transferred free of mortgage debt. At the seller's cost, the seller redeems and cancels all mortgage debt that the buyer does not take over, and warrants that the purchase price is sufficient for this.
If the price does not cover the seller's debt, ask for a written undertaking from the seller's bank before you sign.
- 8.1
9.Takeover and risk
- 9.1
The property is taken over on Takeover date (overtagelsesdag), from which day income and expenses relating to the property are attributed to the buyer.
- 9.2
The property remains at the seller's cost and risk until the takeover date. Until then the seller keeps the usual building and fire insurance. The property is handed over cleared and cleaned.
- 9.1
10.Settlement statement and costs
- 10.1
A settlement statement is drawn up as at the takeover date for the income and expenses of the property, including property taxes, insurance, utilities and association contributions. Until the statement is approved, the buyer may hold back 10,000 kroner of the purchase price.
10,000 kr. is the amount practice allows. Write a larger amount here if you need one.
- 10.2
Each party pays its own advisers. The buyer pays the cost of registering the deed, including registration fee, and of the buyer's own loans. The seller pays the cost of redeeming and cancelling the seller's loans.
The law does not decide who pays these costs. Agree it here.
- 10.1
11.Deed and completion
- 11.1
The sale is completed by Who settles the sale (berigtigelse), who drafts the deed on tinglysning.dk and files it for registration as soon as the purchase binds both parties and the price has been deposited or guaranteed.
Usually the buyer's adviser in a private sale. Pick a professional with liability insurance who ensures property and money change hands at the same time.
- 11.2
Optional
The buyer declares the right to acquire the property under the Act on the acquisition of real property, either because the buyer lives in Denmark or has lived here for at least 5 years, or because the buyer, as a citizen of an EU or EEA country or Switzerland, acquires the property as a year-round home, or because the buyer has obtained permission from Civilstyrelsen.
Keep it for a foreign or non-resident buyer. EU/EEA buyers of a holiday home (sommerhus) need permission from Civilstyrelsen, only for special ties to Denmark.
- 11.1
12.Withdrawal right
- 12.1
The buyer can withdraw from the purchase under chapter 2 of the Act on consumer protection in the acquisition of real property. Written notice of withdrawal must reach the seller no later than 6 weekdays after the agreement is concluded, and within the same period the buyer must pay the seller compensation of 1% of the purchase price. Saturdays and Constitution Day do not count.
The right exists only when the property is mainly for the buyer's own home. It cannot be waived to the buyer's detriment.
- 12.1
13.Annexes
- 13.1
The following annexes form part of the purchase agreement, and by signing the buyer acknowledges receipt of them: land register certificate and easements, property data report with the BBR notice, cadastral map, energy label, any condition report, electrical installation report and offer of change-of-ownership insurance, the latest property tax bill, any local plan, information from the region on soil contamination, and any association documents.
- 13.1
14.Signatures
- 14.1
Place of signature, on Date the seller signs. As seller: signature of each owner.
- 14.2
Place of signature, on Date the buyer signs. As buyer: signature of each buyer, subject to the reservations stated above.
Both deadlines usually run from the moment the buyer learns that both parties have signed. Write down that date.
- 14.1