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[ Buying
Process Home ][Exchange of contracts]
[Completion] [Power
of attorney] [Formalities] [Taxes]
Once the checks on the
property have been made, and after guaranteeing that the legal
situation of the property allows the sale to take place, you can sign
the so-called Preliminary Contract.
The Preliminary Contact is an important document containing
information on the buyer and the seller, the description of the
property, the price of the sale, the method of payment, the date the
contract is formalised, the date you take possession of the property,
etc.
Once both parties have signed the Private Contract and the deposit has
been paid, the contract becomes a legally binding document. The amount
to pay as deposit at this stage, and the structure of payments until
completion varies depending on the developer.
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