The Owner Financed Sales Contract is primarily used in situations where traditional bank financing is either unavailable or undesirable, providing an alternative financing method in the German market. This document type is particularly relevant for real estate transactions, business asset sales, and other significant property transfers where the seller is willing to accept periodic payments instead of a full upfront payment. The contract must comply with German Civil Code (BGB) requirements and includes detailed provisions for both the sale and financing aspects, including purchase price, payment schedule, interest rates, security arrangements, and default remedies. It's especially useful for sellers looking to generate regular income through interest payments while helping buyers who might not qualify for traditional bank financing or prefer direct seller financing terms.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification and details of the seller (owner-financier) and buyer
2. Background: Context of the sale and financing arrangement
3. Definitions: Key terms used throughout the agreement
4. Subject Matter of Sale: Detailed description of the property or goods being sold
5. Purchase Price: Total purchase price and breakdown of components
6. Financing Terms: Detailed terms of owner financing including interest rate, payment schedule, and loan duration
7. Payment Structure: Down payment, installment amounts, and payment methods
8. Security Arrangements: Liens, mortgages, or other security interests securing the financing
9. Transfer of Ownership: Terms and timing of ownership transfer
10. Representations and Warranties: Statements of fact and guarantees by both parties
11. Default and Remedies: Consequences and procedures in case of payment default or other breaches
12. Insurance and Maintenance: Requirements for property insurance and maintenance during the financing period
13. Taxes and Costs: Allocation of taxes, fees, and other transaction costs
14. General Provisions: Standard legal provisions including notices, amendments, and governing law
1. Property Inspection: Detailed terms regarding property inspection and acceptance, used for real estate or significant personal property
2. Early Repayment Terms: Provisions for early loan repayment and any associated penalties or benefits
3. Third-Party Rights: Provisions regarding existing tenants or other third-party rights, relevant for real estate
4. Escrow Arrangements: Terms for escrow services if used for payment management
5. Construction/Renovation: Terms for any agreed construction or renovation work, relevant for property development
6. Special Use Conditions: Specific conditions or restrictions on property use during the financing period
7. Death/Incapacity Provisions: Special provisions in case of death or incapacity of either party
1. Property Description Schedule: Detailed technical description of the property or goods
2. Payment Schedule: Detailed amortization table showing all payments, interest, and principal
3. Condition Report: Current condition of the property including photographs and inspection results
4. Title Documentation: Copies of relevant title documents and registration details
5. Insurance Certificates: Required insurance documentation
6. Property Plans: Technical drawings, floor plans, or property boundaries where relevant
7. Existing Encumbrances: List of any existing liens, mortgages, or other encumbrances
Find the exact document you need
Vehicle Sales And Purchase Agreement
A German law-governed agreement documenting the sale and purchase of a vehicle, including essential terms, conditions, and transfer requirements.
Download
Property Sale Contract Form
A German law-governed contract template for real property sales, requiring notarization and compliance with German Civil Code requirements.
Download
Simple Car Purchase Agreement
A German law-compliant agreement for the sale and purchase of motor vehicles, covering essential terms and transfer of ownership.
Download
Home Sale Contract Form
A notarized contract under German law for the sale and purchase of real estate property, detailing all essential terms and conditions of the transaction.
Download
Buy Sell Contract Car
A German law-compliant vehicle sale agreement for transferring car ownership, suitable for both private and commercial transactions.
Download
Basic Purchase And Sale Agreement
A German law-governed agreement establishing terms and conditions for the purchase and sale of goods or assets between parties, compliant with BGB requirements.
Download
Home For Sale By Owner Contract
A German law-compliant contract for direct property sale between private parties, requiring notarization and meeting BGB requirements.
Download
Real Estate Pre Sale Agreement
A preliminary property sale agreement under German law that establishes key terms and conditions for a future real estate transaction.
Download
Purchase And Sale Agreement For Wholesalers
A German law-governed agreement establishing terms for wholesale purchase and sale transactions between commercial entities.
Download
Private Purchase Contract
A German law-governed contract for private sale and purchase transactions, structured according to BGB requirements and incorporating essential German legal principles.
Download
Confidentiality Agreement For Sale Of Business
German law-governed confidentiality agreement for protecting sensitive information during business sale transactions.
Download
Building Purchase Contract
A notarized contract under German law for the purchase and sale of a building, including all essential terms and conditions for property transfer.
Download
Buy Sale Contract
A German law-governed contract (Kaufvertrag) documenting the sale and transfer of goods or property between parties, outlining terms, conditions, and obligations under the German Civil Code.
Download
Purchase And Resale Agreement
German law-governed agreement setting terms for the sale of products intended for resale, typically between manufacturers/distributors and resellers.
Download
Contract For The Sale Of Used Car
A German law-governed contract for transferring ownership of a used vehicle, addressing key legal requirements and transfer conditions.
Download
Non Compete Asset Purchase Agreement
A German law-governed agreement combining asset purchase provisions with non-compete obligations, ensuring compliant transfer of business assets while protecting buyer interests through enforceable competition restrictions.
Download
House Sale Contract Form
A German law-compliant contract template for residential property sales, requiring notarization and including all essential elements for property transfer under German legislation.
Download
Agreement Of Purchase And Sale Form
A German law-governed agreement documenting the terms and conditions for the transfer of property or assets from seller to buyer, ensuring compliance with BGB requirements.
Download
Purchase Agreement For Buying A Business
A German law-governed agreement documenting the sale and purchase of a business, including all essential terms, conditions, and regulatory requirements for the transfer of ownership.
Download
Sale Purchase Agreement Draft
A German law-governed agreement documenting the sale and purchase of goods, assets, or property between parties, outlining key terms and conditions.
Download
Real Property Purchase Agreement
A German law-governed agreement for the sale and purchase of real property, requiring notarial authentication and land registry registration.
Download
Asset Purchase Agreement Goodwill
German law-governed agreement for transferring business goodwill and associated assets, including provisions for valuation, warranties, and transition arrangements.
Download
Simple Land Purchase Contract
A notarized contract under German law for the purchase and sale of real estate property, including essential terms and conditions for property transfer.
Download
Purchase Contract Form
A standardized purchase agreement template compliant with German law, used to document and formalize sale transactions between parties.
Download
Condominium Purchase Agreement
A German law-governed agreement for the purchase and sale of a condominium unit, requiring notarization and compliance with the German Civil Code and Condominium Act.
Download
Horse Purchase And Sale Agreement
A German law-governed agreement for the sale and purchase of a horse, detailing terms, conditions, and warranties for the transaction.
Download
Receivables Sale Agreement
A German law-governed agreement for the sale and transfer of receivables, structured to comply with German Civil Code requirements for valid assignment of claims.
Download
Oil Purchase Agreement
German law-governed agreement for oil sale and purchase, covering commercial terms and regulatory compliance requirements.
Download
Real Estate Contract To Sell
A notarized contract under German law for the sale and transfer of real estate property ownership, complying with German Civil Code requirements.
Download
Bulk Sales Agreement
German law-governed agreement for bulk sale and purchase of goods, incorporating BGB and HGB requirements for commercial transactions.
Download
Land Transfer Agreement Letter
A German law-governed document formalizing the transfer of land ownership between parties, requiring notarization and Land Registry registration.
Download
Commercial Property Purchase Contract
A German law-governed agreement for the purchase and sale of commercial real estate property, requiring notarization and compliance with German property regulations.
Download
International Purchase Contract
German law-governed contract template for international sale of goods, incorporating CISG and German Civil Code provisions.
Download
Contract Of Sale Of Motor Vehicle
A German law-compliant contract facilitating the sale and ownership transfer of motor vehicles, incorporating essential sale terms and regulatory requirements.
Download
Land Purchase And Sale Agreement
A German law-governed agreement for the purchase and sale of land property, requiring notarization and land register registration.
Download
As Is Sales Agreement
A German law-governed agreement for the sale of assets in their current condition ('as is'), incorporating specific requirements under German law regarding liability limitations and disclosures.
Download
Offer Purchase Contract
A legally binding offer to sell assets or property, structured under German law (BGB), which upon acceptance forms a complete purchase contract.
Download
Asset Purchase Agreement Term Sheet
A German law term sheet outlining key terms and conditions for a proposed asset purchase transaction, serving as the basis for definitive documentation.
Download
Owner Financed Sales Contract
A German law-governed contract combining sale and seller financing terms for property or asset purchase, structured under BGB requirements.
Download
Installment Purchase Contract
A German law contract governing the purchase of goods through scheduled installment payments, detailing payment terms and ownership transfer conditions.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)