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Real estate law

The contents of a good purchase proposal

The notary is well aware of the importance of a good proposal. He sees to the protection of the interests of both the purchaser and the vendor. He will take care to include in the proposal all the elements required for the sale, including:

• prerequisites for the sale

• the precise description of the property and a list of the other property included in the sale

• the obligations of the purchaser and the vendor

• the sale price and method of payment

• the amount of deposit to be kept in trust

• the conditions of sale and warranty

• the documents that must be provided

• dates and deadlines for

• a building inspection

• the signature of a deed of hypothec

• the execution of the deed of sale

• occupation

• costs assumed by each party.