Definitive Agreement En Francais

[16] If the buyer and seller agree on the terms of the transaction, they sign a provisional sales contract (or indenture) that sets out the terms of the sale. This is the most used contract in real estate transactions in France if you commit to selling. Unlike an offer to sell, the provisional sales contract does not have to be registered with the tax authorities. You will find more or less the same information that you would find in a sales offer, but you will also find the obligations of the buyer. The provisional sales contract is only signed when the seller receives the buyer`s guarantee. This is usually 5% of the selling price; The deposit is deducted from the total cost of the sale when signing the deed with the notary. The provisional sales contract is often considered the final agreement before the final act, since both parties are set at price and other conditions. The date of signature of the final deed with the notary is fixed and fixed in the document. The usual period between the two signatures is 3 months. This contract, as is the case for the offer to sell, gives the buyer a maximum of 10 days to withdraw legally. Our advice is free and we are at your disposal to answer all your questions….