The offer to buy, sell or the preliminary sales contract are 3 ways to conclude a first agreement during a real estate sale. They are also called “pre-contracts.” They all have a predetermined validity period, after which they become obsolete if one of the parties has not signed the document or deed of sale. The fees that accrue to intermediaries must be explicitly mentioned; This offer essentially binds the buyer and can therefore be called a “price offer.” It is often done orally with regard to older buildings. But for a buyer who really wants to buy the property, it is recommended to make the offer in writing (through a real estate agent), because once the “offer to buy” is accepted and signed, the seller is legally obligated and the conditions are declared on the interim sale contract. This promise to purchase has a relatively short validity period, in most cases 8 days during which the seller can accept or refuse this offer. The offer to purchase may contain suspensive clauses that may. B appear on: If the buyer and seller agree on the terms of the transaction, they sign a provisional sale contract (or withdrawal) that sets the terms of sale. It is the most used contract in real estate transactions in France when it commits to sell. Unlike an offer to sell, the interim sales contract must not be registered with the tax authorities. You will find more or less the same information you will find in a sales offer, but you will also find the buyer`s commitments. The interim sales contract is only signed when the seller receives the buyer`s deposit.
It is usually 5% of the selling price; the down payment is deducted from the full sale fee when the deed is signed by the notary. The interim sale contract is often considered the final agreement before the final agreement, with both parties set on prices and other conditions. The date the notary signs the final deed and is recorded in the document. The usual time between the two signatures is 3 months. This contract, as is the case with the offer to purchase, gives the buyer a maximum of 10 days for final withdrawal. Our advice is free and we are available to answer your questions. The three contracts are “private agreements,” i.e. documents are written and signed by both parties.
For example, a provisional sales contract is often referred to as a “private contract.” These documents are drawn up at the beginning of the legal sales procedures. The differences between them lie in the obligations of the parties and in the conditions of termination of the contract. Some of these documents will be required for the sale of real estate anyway. The seller must also commit to keeping the house or apartment in the condition presented to the buyer when signing the offer to sell. The rental is only possible with advance for the future buyer. The seller is fully bound by the offer to sell. To be valid, this document must be registered with the tax authorities within 10 days of signing. The buyer has to pay the deposit fee, and this is often the reason why this type of contract is rarely used for the benefit of the temporary free sale contract.
This is a document in which the seller agrees to sell the property to a buyer and only to that buyer for a limited period (usually 2 to 3 months). During this period, the seller cannot refuse the sale or sell it to another person.