Laynne
2018-12-04 21:05:41
- #1
We have ultimately decided against a two-family house for various reasons and now have a terraced house that fits us perfectly. However, the purchase contract makes me a bit suspicious because it is quite short with only four pages. Our financial advisor said it was unusual, but it could be signed as is. When we asked the notary, we were told that their purchase contracts are now always kept that short because many buyers did not understand numerous things, and they now formulate them more simply.
In general, it states:
- Seller
- Buyer
- Property/house
- The house is purchased in its current condition
- Seller assures no hidden defects are known
- No encumbrances in the land register
- Purchase price
- My partner and I will be the owners
- And a few things about entry in the land register, etc.
How exactly should we understand the following paragraph:
"Auf den Zugang des Vorverkaufsrechtverzichtes der Stadt XY wurde aus Zeitgründen verzichtet, auf mögliche Gefahren wurde hingewiesen."
The notary said the sentence has to be included in case the city ever plans to build a highway or something similar there. But that would not be an option for us anyway because it is a purely residential area ([Reihenhaussiedlung]). Is something like this common? Also, that one simply waives it? What happens if the city is indeed interested? Is there any deadline the city has to meet? Unfortunately, I can't find anything about this online...
In general, it states:
- Seller
- Buyer
- Property/house
- The house is purchased in its current condition
- Seller assures no hidden defects are known
- No encumbrances in the land register
- Purchase price
- My partner and I will be the owners
- And a few things about entry in the land register, etc.
How exactly should we understand the following paragraph:
"Auf den Zugang des Vorverkaufsrechtverzichtes der Stadt XY wurde aus Zeitgründen verzichtet, auf mögliche Gefahren wurde hingewiesen."
The notary said the sentence has to be included in case the city ever plans to build a highway or something similar there. But that would not be an option for us anyway because it is a purely residential area ([Reihenhaussiedlung]). Is something like this common? Also, that one simply waives it? What happens if the city is indeed interested? Is there any deadline the city has to meet? Unfortunately, I can't find anything about this online...