Signing an agreement for real estate transaction

After you’ve chosen a property we’ll arrange a primary check-up of a property certificate at a public notary to find out whether the property has or not any restrictions or encumbrances. Our clients are free to select multiple properties. In this case our team provides documents from the notary office to verify the legal ownership of each property and if the property is the subject to any restrictions and encumbrances. After a positive result the next step is to reserve your chosen property. Notary draws up a preliminary agreement for paying in a deposit that is usually 10% of the purchase price. Paying in a deposit is necessary to confirm your intention to buy the exact property. By this advance payment, you confirm your intentions to purchase the property, and then the property is off the sale list. In case of your refusal from purchasing the amount of the deposit will not be refunded. In case of seller’s refusal from selling the amount of the deposit will be returned to the buyer at the double rate.