Federal Act
on the Acquisition of Immovable Property
in Switzerland by Foreign Non-Residents
(ANRA)

¹ Trans­ac­tions in­volving an ac­quis­i­tion for which the ac­quirer re­quires au­thor­isa­tion are in­val­id in the ab­sence of leg­ally en­force­able au­thor­isa­tion.

² They be­come null and void if:

a.

the ac­quirer ex­ecutes the trans­ac­tion without ap­ply­ing for au­thor­isa­tion or be­fore au­thor­isa­tion be­comes leg­ally en­force­able;

b.

the au­thor­isa­tion au­thor­ity has re­fused or re­voked au­thor­isa­tion in a leg­ally en­force­able de­cision;

c.

the land re­gis­trar or com­mer­cial re­gis­trar re­fuses to re­gister the trans­ac­tion ir­re­spect­ive of wheth­er the au­thor­isa­tion au­thor­ity has pre­vi­ously re­fused au­thor­isa­tion;

d.

the auc­tion au­thor­ity res­cinds its ac­cept­ance of the bid ir­re­spect­ive of wheth­er the au­thor­isa­tion au­thor­ity has pre­vi­ously re­fused au­thor­isa­tion.

³ Trans­ac­tions that are in­val­id or null and void must be re­cog­nised as such ex of­fi­cio.

⁴ The in­valid­ity or nullity of a trans­ac­tion has the fol­low­ing con­sequences:

a.

the prom­ise of a con­sid­er­a­tion may not be en­forced;

b.

the re­im­burse­ment of a con­sid­er­a­tion may be de­man­ded with­in one year of the plaintiff be­com­ing aware of his right to re­im­burse­ment or with­in one year of the com­ple­tion of crim­in­al pro­ceed­ings, but at the latest with­in ten years of con­sid­er­a­tion be­ing provided;

c.

leg­al ac­tion is taken ex of­fi­cio for re­store the ori­gin­al leg­al po­s­i­tion (resti­tu­tio in in­te­g­rum).