The Home Offer Letter is a crucial initial document in Austrian residential property transactions, typically used when a potential buyer wishes to formalize their interest in purchasing a specific property. This document serves as the first formal step in the property acquisition process under Austrian law, preceding the final purchase agreement (Kaufvertrag). The letter must comply with Austrian legal requirements, particularly the ABGB and relevant real estate regulations, while clearly stating the proposed purchase terms, conditions, and contingencies. A Home Offer Letter typically includes detailed property identification, purchase price, payment terms, closing timeline, and any specific conditions or contingencies. It's designed to protect both buyer and seller interests while initiating formal negotiations, and when accepted, forms the basis for the subsequent legal documentation.
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1. Buyer Information: Full legal name, contact details, and current address of the potential buyer making the offer
2. Property Identification: Complete legal description and address of the property being offered to purchase
3. Purchase Price: Clear statement of the offered purchase price in EUR, both in numbers and written form
4. Payment Terms: Proposed payment structure, including deposit amount and timing of payments
5. Offer Validity Period: Specific timeframe during which the offer remains valid and binding
6. Proposed Closing Date: Intended date for completion of the purchase transaction
7. Contingencies: Standard conditions that must be met for the offer to proceed, such as financing and property inspection
8. Signature Block: Space for dated signature of the buyer and acceptance signature block for the seller
1. Furniture and Fixtures: List of any movable items intended to be included in the purchase, used when offering to purchase specific items with the property
2. Renovation Conditions: Specific conditions regarding current renovation works or required repairs, included when relevant to the property state
3. Rental Situation: Details about existing tenants and rental contracts, included for properties with current tenants
4. Foreign Buyer Declaration: Special declarations required for non-EU buyers, included when the buyer is not an EU citizen
5. Property Usage Intent: Declaration of intended use of the property, included when required by local regulations or relevant to the offer
1. Proof of Funds: Documentation demonstrating buyer's ability to finance the purchase
2. Property Floor Plan: Current floor plan of the property as referenced in the offer
3. Land Register Extract: Recent Grundbuchauszug showing current ownership and encumbrances
4. Property Photographs: Recent photographs of the property referenced in the offer
5. Inspection Reports: Any existing property inspection reports or surveys referenced in the offer
6. Financing Pre-Approval: If applicable, preliminary approval from a financial institution for the purchase
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