The preliminary contract (also called compromise) is a real contract that obliges both parties to the conclusion of the final contract.
The preliminary must indicate the main elements of the sale such as the price and the house to be purchased, the address and a precise description (floors, rooms etc.) with the updated data of the Land Registry and the date of the final contract. It is also appropriate to define all the mutual obligations to be fulfilled before the delivery of the property. In case of sale of properties in the course of construction, special rules for the drafting of the preliminary contract are provided by law.
In the case of:
👉🏻 substantial price advances;
👉🏻 long time between preliminary and definitive;
👉🏻 bankrupt salesman.
In order to guarantee the maximum protection to the future buyer it is very appropriate that the preliminary contract is stipulated by the notary, by means of notarized private writing or public deed, so that it is transcribed into the Real Estate Registers. In other cases, the appropriateness of the transcription can be assessed with the assistance of the notary.
Immobiliare Domi
📍 Villa Guardia – via Varesina, 76
📞 031.563418
💻 www.immobiliaredomi.it
