Apartment Sale Agreement Sample

(11) The buyer may use the dwelling or part of it or have it used only for residential purposes, and the buyer thus undertakes with the seller as follows.- (15) If, before the completion of the transfer of the building, the building, including the dwelling, is notified by the Government under the Land Transfers Act or any other law currently in force for the acquisition or requirement: The buyer is not entitled to terminate this contract and, in case of acquisition of the building, including the aforementioned dwelling, the buyer is entitled to a proportional part of the compensation if it is granted by the government or another authority. If the dwelling in question is requisitioned by the government or another authority, the buyer is entitled to the compensation granted by the claims authority for the dwelling. (3) The seller has ownership of the apartment on or before .. Day of …………, 2000. .