Conclusion of a transaction and a housing purchase agreement in Italy
After the bargaining ends, the process of concluding a transaction begins. The buyer must send a written notice to the seller, in which he will report his consent to the conditions put forward when buying this real estate. The owner in response cancels all negotiations with other potential buyers. As a confirmation of the seriousness of his intentions, the buyer needs to transfer the deposit to the account specified by the seller. The amount can be some percentage of the entire value of the transaction, or be fixed-in Italy it is, in most cases, about 8 thousand euros.
The next moment is the conclusion of a preliminary agreement on the purchase and sale of a real estate object in the presence of a notary. He, in turn, prepares for this document an extract from the register of real estate Italy. A preliminary agreement is a confirmation of the purity of the transaction, in the legal plan, since all information about the purchased housing is checked before the conclusion of the contract, and includes detailed data on the purchased real estate.