Purchase

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Real estate purchase highlights

Whether you wish to make a rental investment or acquire a building for residential use to establish your principal or secondary residence, the purchase of a property can generally take place in several successive stages.

First of all, we propose properties in line with your precise search criteria in order to envisage qualitative visits and to finalise the process. In this case, a preliminary contract of sale will specify the terms and conditions by indicating a certain number of information: the contact details of the seller and the buyer, the address of the property, the origin of the property, a detailed description of the property which may include a plan, the existence of a mortgage or easement, the amount of our fees for the sale and who is responsible for paying them, the sale price and the terms of payment (with or without the help of a loan), the period of validity of the preliminary sales agreement and the deadline for signing the final deed of sale, information on the conditions for exercising the right of withdrawal, any suspensive clauses or the date of availability of the property.

Once signed, the deed will be registered by the notary with the tax authorities within 10 days and your 10-day withdrawal period will start. You will then no longer be able to withdraw without any possible counterpart if the suspensive conditions are not fulfilled.

Please note: withdrawing from the sale after the withdrawal period or without reference to the suspensive clauses can be costly.

Indeed, the preliminary contract of sale very often provides for the payment to the seller of a down payment, also known as an escrow, which may represent 10% of the price of the property. This sum will then be used to settle the sale once the transaction is finalised. However, if you withdraw from the sale after the withdrawal period, the seller will keep the retention fee as compensation.

However, if the project continues, the deed of sale will be signed. It is at this final stage that you will become the owner of the property. The deed of sale takes the form of an authenticated deed drawn up by a notary (or notaries). Once the deed of sale is signed, the keys will be handed over to you in return for the payment of the agreed sum for the property and the notary fees. The notary will then carry out a number of formalities, including registering the deed of sale with the Land Registry. Once this has been done, the notary will receive a copy of the deed of sale back, sealed by the tax authorities. This document will constitute your title deed, which will be kept for 100 years by your notary office before being entrusted to the departmental archives.

Do you have any questions? We estimate your property, contact us, value opinion offered, 30 days marketing report, report after each visit.

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