Are there amounts to be paid, and to whom? Can these amounts be repaid?
The purchase and sale of immovable property (also known as real estate or real property) is a complex process. Banks will only agree to a mortgage once a person has become the actual owner of the house or flat. However, the seller will be willing to transfer title to the property concerned only if s/he is certain of getting his/her money. Furthermore, the purchase price of the property must be transferred from one bank to another without complications.
The notary or junior notary is the hub of the entire process. S/He guides the seller and buyer and ensures that all agreements are formally recorded. This involves the following documents:
Are there any consumer protection measures (cooling-off period, right of withdrawal)?
The buyer (for a residential property and the buyer is a private party) will have the right to cancel this contract of sale during a period of three days after a copy of this contract of sale has been supplied to the buyer.
This sale and purchase can be terminated if the financial conditions are not fulfilled, and this is laid down in the contract.
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Tel.: +31 - 70 - 330 71 11
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