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Assignment Contract (Real Estate) Template for Denmark

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Key Requirements PROMPT example:

Assignment Contract (Real Estate)

I need a Danish Assignment Contract (Real Estate) for transferring a commercial office building in Copenhagen with multiple existing tenants, ensuring all lease agreements are properly assigned and including specific provisions for service contract transfers.

Document background
The Assignment Contract (Real Estate) is a fundamental legal document used in Danish property transactions to transfer ownership rights of real estate from one party to another. This document type is essential when selling or purchasing property in Denmark and must comply with Danish property law, including the Registration of Property Act (Tinglysningsloven) and related regulations. The contract is typically used in both residential and commercial property transactions and includes crucial details such as property description, purchase price, payment terms, completion requirements, and specific Danish legal compliance matters. The Assignment Contract (Real Estate) serves as the primary agreement documenting the transfer of property rights and obligations, incorporating necessary provisions for property registration, tax considerations, and other regulatory requirements specific to Danish real estate transactions.
Suggested Sections

1. Parties: Identification and details of the assignor and assignee, including full legal names, addresses, and registration numbers if applicable

2. Background: Context of the assignment, including brief property history and reason for assignment

3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Purchase Price, etc.

4. Property Description: Detailed description of the property being assigned, including address, land registry details, and cadastral number

5. Assignment: Core terms of the assignment, including what rights and obligations are being transferred

6. Purchase Price: The agreed purchase price and payment structure, including any deposits or installments

7. Payment Terms: Details of how and when payments are to be made, including bank account details and payment schedule

8. Completion: Requirements and process for completion of the assignment, including timing and documentation

9. Representations and Warranties: Statements and guarantees made by both parties regarding the property and their capacity to enter into the agreement

10. Property Condition: Current state of the property and any known defects or issues

11. Handover: Process and conditions for physical handover of the property

12. Costs and Taxes: Allocation of transaction costs, registration fees, and taxes between parties

13. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes

14. Signatures: Execution blocks for all parties and witnesses if required

Optional Sections

1. Existing Tenancies: Details of any existing tenants and lease agreements, used when the property is currently leased

2. Mortgage Arrangements: Terms regarding existing mortgages and their handling, included when there are existing mortgages on the property

3. Environmental Matters: Specific provisions regarding environmental conditions or obligations, included for properties with known environmental issues

4. Planning and Development: Details of any ongoing or planned development, included when relevant planning permissions or restrictions exist

5. Service Contracts: Information about ongoing service contracts that will be transferred, included when such contracts exist

6. Insurance: Specific insurance requirements and existing policies, included when special insurance arrangements are needed

7. VAT Election: Provisions regarding VAT status and election, included when the property is subject to VAT

8. Property Management: Arrangements for property management during transition, included for commercial properties with management needs

Suggested Schedules

1. Property Details: Detailed technical description of the property, including boundaries, fixtures, and fittings

2. Title Documents: Copies of relevant title documents and land registry information

3. Property Plans: Floor plans, site plans, and other relevant property drawings

4. Existing Leases: Copies of all current lease agreements and related documents

5. Property Condition Report: Technical survey or condition report of the property

6. Service Contracts Schedule: List and copies of all service contracts to be transferred

7. Environmental Reports: Any environmental surveys or reports relating to the property

8. Planning Permissions: Copies of relevant planning permissions and certificates

9. Property Insurance Details: Current insurance policies and certificates

10. Payment Schedule: Detailed breakdown of payment structure and timings

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































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Relevant Industries

Residential Real Estate

Commercial Real Estate

Industrial Real Estate

Retail Real Estate

Office Real Estate

Agricultural Real Estate

Mixed-Use Real Estate

Property Development

Real Estate Investment

Property Management

Relevant Teams

Legal

Real Estate

Compliance

Finance

Tax

Property Management

Investment

Operations

Risk Management

Corporate Development

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Property Developer

Investment Manager

Legal Counsel

Compliance Officer

Tax Advisor

Property Surveyor

Real Estate Investment Analyst

Asset Manager

Transaction Manager

Portfolio Manager

Real Estate Director

Property Acquisition Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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