Purchase Agreement Land - Contamination

  • Erstellt am 2022-05-25 08:22:45

gregman22

2022-05-25 08:22:45
  • #1
Dear community,

I am currently in the process of notarizing the contract for the purchase of my plot of land.
Key data: approx. 1000m2, old building, building plan available

Previously, a man lived there as a nomad. He let the plot become overgrown and at the same time tried to live independently. For this reason, he installed 6 oil tanks (1-2 in the basement, the rest distributed throughout the house). According to the realtor, all oil tanks were professionally cut open and the contents cleaned. This means that "only" additional costs for the disposal of the tanks will arise.

So far, no anomalies have appeared anywhere.
Nevertheless, I would like to make sure that I am protected against unforeseeable problems. Therefore, my idea was to negotiate a clause for rescission with the seller in the purchase contract. This should include a case of soil contamination discovered afterwards.
What do you think about this? Is it common and realistic?

Finally, another independent question:
Along the plot there is an old above-ground power line. See picture. This once supplied my old house (no longer necessary today) and still supplies a house on the other side of the street until today. Since I no longer need this line, I would like to have the line removed up to the next support (see front left).
Do you have any experience with this and what costs can be expected? Does this run through the power supplier or the building authority?

Thank you very much!
 

Neubau2022

2022-05-25 08:43:31
  • #2
First question. Were/are there more interested parties for the property? If yes, renegotiation to the disadvantage of the seller is rather unrealistic. How much time do you have left? Couldn’t you simply carry out a building ground survey? Preferably a more detailed one. I think it would cost 2-3 thousand euros and you would have your security.
 

WilderSueden

2022-05-25 08:51:36
  • #3
Are we still talking about the plot of land in the Munich suburbs for 1.5 million that is actually almost impossible to get? I wouldn't negotiate for long. On the one hand, the plot could otherwise be gone, on the other hand, the financial risk is rather manageable compared to the total budget.
 

gregman22

2022-05-25 09:01:05
  • #4
Yes, we are talking exactly about this property. I have prevailed over 4 other concrete interested buyers. We have already received the approval. Nevertheless, I want to protect myself against such an unpredictable property characteristic, as it could of course reduce the value. We will probably not have time for a detailed appraisal. I just feel uncomfortable signing the purchase contract unconditionally. It is only about this one point for me. I was able to exclude all other risks with the architect and co.
 

gregman22

2022-05-25 09:02:20
  • #5


You speak of a manageable risk. How do you arrive at that statement? Do you have any experience in case of contamination?
 

WilderSueden

2022-05-25 09:36:10
  • #6
I don't have concrete experience, but I once researched because naturally occurring arsenic is more common in our area. It simply arises from natural decay processes and is actually completely harmless as long as you don't eat tons of soil. Unfortunately, the soil then no longer counts as excavation but has to be disposed of. I have about 30k in mind. However, I can't tell you if that is really enough; we ultimately decided against the basement (among other reasons) and keep all the excavation on the property.
 

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