If you have found a property, you make a verbal offer to us. If this has been accepted, both parties sign the so-called Compromesso, a preliminary contract in which the most important contractual points about the property, the price, the period until the notary deed as well as any conditions are laid down.
It is not necessary to be on site for the preliminary contract and it can also be drawn up in your language.
An important element of the preliminary is the so-called ‘caparra confirmatoria’, a binding deposit – usually 10 percent of the purchase price – which is forfeited if the notary contract is not concluded (unless conditions set are not met). This penalty also applies to the seller.
The conclusion of the purchase process is the notary deed.
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