Common use of Transfer Deed Clause in Contracts

Transfer Deed. The civil-law notary will prepare the transfer deed on the basis of the information in the sales contract. The transfer deed is the formal legal document which is necessary to effect the actual transfer of ownership agreed upon in the sales contract. The parties will first receive a draft of the transfer deed. The civil-law notary will make an appointment with you to sign the transfer deed. Before the transfer deed is signed, the civil-law notary will go through the main points of the deed with the buyer and the seller. The transfer deed is then signed by the buyer, the seller (or by someone authorized by the buyer or the seller) and the civil-law notary. The civil-law notary will ensure that the transfer deed is registered in the public registers. The buyer officially becomes the owner of the property at the time of registration in the public registers. The transfer of ownership is processed by the Cadastre, Land Registry and Mapping Agency (or ‘kadaster’ in Dutch). The civil-law notary will then send the buyer a copy of this deed: the ‘title deed’.

Transfer Deed. The civil-law notary will prepare the transfer deed on the basis of the information in the sales contract. The transfer deed is the formal legal document which is necessary to effect the actual transfer of ownership agreed upon in the sales contract. The parties will first receive a draft of the transfer deed. The civil-law notary will make an appointment with you to sign the transfer deed. Before the transfer deed is signed, the civil-law notary will go through the main points of the deed with the buyer and the seller. The transfer deed is then signed by the buyer, the seller (or by someone authorized by the buyer or the seller) and the t he civil-law notary. The civil-law notary will ensure that the transfer deed is registered in the public registers. The buyer officially becomes the owner of the property at the time of registration in the public registers. The transfer of ownership is processed by the CadastreCada stre, Land Registry and Mapping Agency (or ‘kadaster’ in Dutch). The civil-law notary will then send the buyer a copy of this deed: the ‘title deed’. The civil-law notary will keep the original deed in his records.