The acquisition of real estate follows a very specific framework, with deadlines and procedures to be respected. Here are the steps:
> Agreement on the good and the price
> The sales agreement: it is written when the two parties agree on a sale price, determined with the assistance of the agency supervising the negotiations.
This compromise commits the parties to sell / buy under well-specified conditions and only if all conditions are met.
> The SRU period: Once the compromise has been signed by both parties, it is sent by registered mail to all buyers who benefit from a 10-day withdrawal period, called the SRU period, which begins the day after receipt of the registered letter. Once this period has passed, the documents in the file are sent to the notary.
(10% security deposit)
> Conditions precedent of loan: When the buyers have recourse to a loan in order to finance the acquisition, the compromise includes a suspensive clause for obtaining a loan.
This clause allows the buyer to benefit from protection in the event that he does not obtain financing from the banks.
The buyer has between 45 - 60 days from the signing of the compromise to take the necessary steps to obtain financing.
Most often, you began to consult credit institutions when you visited accommodation, before the signing of the compromise. The bank or banks were able to establish loan simulations for you.
In the event of a refusal of a loan, all sums that you have previously paid must be fully reimbursed to you.
> Signature of the authentic deed: The signature with the notary takes place approximately 3 months after the signing of the compromise, it is at this time that the purchaser is given his title deed as well as the keys to the property.
Following your acquisition, the Olivier agency continues to support you through its services, in particular with the syndic of co-ownership as well as for rental management.