The seller and buyer may impose a sales contract under certain conditions that must be fulfilled before the sale of the property. Here are some of the most common contingencies: Emergency: An eventuality is a condition that must be met for the purchase to take place. If the eventuality is not fulfilled, the buyer has the option to terminate the contract and not continue the purchase. Some examples of common contractual quotas are: in some states and municipalities, significant tax reductions are planned when they are classified as houses. As such, the intention of the farm is outlined in the sale agreement. A property is not qualified for the classification of the farm, unless it is inhabited by its owner or by a qualified relative. A property may also be eligible for farm classification when used for farms, but separated by a road. Neighbouring land, mainly used for gardening or storing the owner`s vehicles in a garage, could be considered, for example.B. If all parties agree to the terms of the sale agreement, this acceptance must be notified. At this point, the offer becomes a legally binding contract. The terms of the contract can then be grouped into a purchase and sale agreement (SDP) which will be received after the agreement of both parties.
Conclusion: The conclusion is the final step in a real estate transaction between the buyer and the seller. All contracts are concluded, money is exchanged, documents are signed and exchanged and title is transferred to the buyer. After the execution of the sale contract by the parties and after payment of the entire purchase price, the parties continue to carry out an activity of transfer or authorization of transport or transport. A deed of transfer is the main proof that transfers ownership of the client`s land (now centrifuged) to the buyer (agent). Buyers should decide whether they want to act together as common tenants or tenants and include this information in the sales contract. Common tenants have the right to survive; When one tenant dies, the property immediately passes to the other without being an estate. The guarantee benefits are known to offer the greatest protection to the buyer compared to other sales contracts, as they offer three guarantees to the buyer: a seisin federation, a confederation against charges and a confederation of silent enjoyment.