You should use this agreement if a) you are a potential buyer or seller of real estate, (b) define the legal rights of each party to the sale and (c) define the respective obligations of each party before the transfer of ownership. A property reserve can avoid legal disputes if you dissolve. It is especially important that you make unequal contributions to the purchase price of a property. This second type of subsidy requires the landowner to enter into a land contract with the Ministry of Water and Water Protection for a specified period of time, usually five to ten years, and may be listed on land titles.34 The Act provides for ownership agreements that are agreements between the Minister and a landowner. Property Sale Agreement is the most important document and the first document that you need to thoroughly check after being confined to your choice of your home. This is precisely the beginning of the next stage of acquiring a new home, a sales contract that requires appropriate clauses and expressly mentioned conditions, so that there is no conflict of interest in the future. Whether on a sales site for the construction of a house or an apartment by a contractor, a sales contract is a technical document that will have a number of conditions that have been signed once, cannot be countered thereafter. If you do not have a ownership agreement, it could be very difficult to establish unequal shares of the property, even if one person contributed much more than the other. In most cases, we can develop an agreement for a fixed fee. It`s an affordable way to get some rest for the future.

Escrow: Escrow is a neutral third party that is responsible for holding money during the buying process. Earnest money deposits are usually placed in trust. Escrow protects both parties until contractual risks have been taken. For example, a buyer could put his or her serious money deposit in trust until a home inspection is completed, and be sure that if he has problems with the inspection and the buyer decides not to proceed with the contract, he or she will receive the serious money deposit from the fiduciary party. Several inclusions, called clauses, are contained in a sales contract. The clauses describe the property, buyer and seller data, the negotiated and final price, and the method of payment or payment. There will also be the deadline for payment, the provision for the payment of stamp duty and for the transfer of ownership. Clauses are the most important aspect of the agreement, as they open the cause of the success and legality of the transaction.

The agreement will tell you whether the amount to be paid must be paid in full or partially in cash or whether it is agreed to pay a portion in the future, as agreed. Some of these clauses will include municipal taxes, maintenance fees and payment to the credit union if a home is purchased from a company.