Document background
This Bilateral Contract (Real Estate) is the primary document used for property transactions in the Netherlands, essential for both residential and commercial property transfers. It serves as a legally binding agreement between buyer and seller, incorporating all requirements under Dutch law, including mandatory notarial involvement. The document is structured to comply with Books 3, 5, and 7 of the Dutch Civil Code (Burgerlijk Wetboek) and includes provisions for property description, purchase price, transfer conditions, warranties, and risk allocation. It's designed to protect both parties' interests while ensuring smooth property transfer through the Dutch land registry system (Kadaster). The contract can be customized for various property types, from residential homes to commercial buildings, and includes optional provisions for specific situations such as mortgage arrangements or existing tenancies.
