Wholesale Real Estate Contracts

Wholesale Real Estate Contracts Template for Denmark

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Key Requirements PROMPT example:

I need a Wholesale Real Estate Contract under Danish law for the purchase of a portfolio of 5 commercial warehouses in Copenhagen, with completion planned for March 2025, including provisions for existing tenant agreements and environmental compliance.

Document background

Wholesale Real Estate Contracts under Danish law are sophisticated commercial agreements used for bulk property transactions or significant commercial real estate deals. These contracts are essential when professional parties engage in large-scale real estate transactions, typically involving multiple properties or substantial commercial assets. The document incorporates specific requirements of Danish property law, including compliance with the Tinglysningsloven (Registration of Property Act) and other relevant legislation. Wholesale Real Estate Contracts are particularly important for investment companies, property developers, and commercial real estate portfolios, providing a comprehensive framework for complex property transactions while ensuring compliance with Danish regulatory requirements and commercial practice. The agreement includes detailed provisions for property transfer, due diligence, warranties, and risk allocation, making it suitable for professional parties engaged in significant real estate transactions in Denmark.

Suggested Sections

1. Parties: Identification of buyer and seller with full legal names, company registration numbers (CVR), and addresses

2. Background: Context of the transaction, including property overview and transaction purpose

3. Definitions: Key terms used throughout the agreement, including property-specific terminology

4. Property Description: Detailed description of the property, including cadastral number, address, and registered area

5. Purchase Price: Specification of purchase price, payment terms, and deposit requirements

6. Due Diligence: Buyer's investigation rights and seller's disclosure obligations

7. Conditions Precedent: Conditions that must be fulfilled before closing, including financing and regulatory approvals

8. Closing: Closing process, including timing, documentation, and registration requirements

9. Representations and Warranties: Seller's statements about the property's condition, title, and compliance with laws

10. Risk and Insurance: Transfer of risk and insurance obligations

11. Taxes and Costs: Allocation of transaction costs, property taxes, and registration fees

12. Default and Remedies: Consequences of breach and available remedies

13. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction

14. Signatures: Execution blocks for all parties

Optional Sections

1. Environmental Matters: Specific provisions regarding environmental conditions and liabilities, used when environmental risks are identified

2. Existing Leases: Terms regarding existing tenant relationships, used when property is leased

3. Development Rights: Provisions regarding unused development potential, used when relevant to the transaction

4. Property Management: Interim management provisions, used for properties with ongoing operations

5. VAT Election: Specific VAT provisions, used when applicable to the transaction

6. Financing Cooperation: Provisions regarding cooperation with lenders, used when buyer requires financing

7. Post-Closing Obligations: Specific obligations after closing, used when needed for transition or development

Suggested Schedules

1. Property Description Schedule: Detailed technical description of the property, including maps and plans

2. Title Documents: List of title documents and encumbrances

3. Due Diligence Reports: Summary or full reports from technical, environmental, and legal due diligence

4. Existing Leases Schedule: Details of all existing lease agreements

5. Property Inventory: List of included fixtures, fittings, and equipment

6. Environmental Reports: Environmental investigations and permits

7. Building Permits: Relevant building permits and certificates

8. Property Management Agreements: Existing service contracts and management agreements

9. Closing Checklist: List of required closing documents and actions

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Commercial Property

Property Development

Investment Management

Construction

Property Management

Banking & Finance

Professional Services

Urban Development

Facilities Management

Relevant Teams

Legal

Real Estate

Investment

Acquisitions

Development

Finance

Compliance

Risk Management

Property Management

Asset Management

Transaction Management

Relevant Roles

Real Estate Investment Manager

Property Development Director

Commercial Real Estate Broker

Legal Counsel

Real Estate Portfolio Manager

Acquisition Manager

Property Manager

Investment Director

Real Estate Analyst

Compliance Officer

Finance Director

Risk Manager

Transaction Manager

Asset Manager

Development Manager

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Let's create your Wholesale Real Estate Contracts

Authors

Alex Denne

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