Real estate, the legal side
Purchase agreement
The contract that sets price, deposit and conditions before the deed.
What it is
The purchase agreement records what was agreed while financing or other steps are completed. It defines what happens if either party does not perform.
Who needs it
Buyers and sellers who have agreed on a price.
Documents the firm usually asks for
The firm normally prepares the promise of sale contract, provided that we are informed of the general details of the people to participate in the transaction. Likewise, we request any verbal agreement that has been expressed so that everything is in writing.
How the firm works
We always offer our advice or recommend consulting with experts, as this stage is the backbone of the negotiation. We take care of advising our clients on market price, legal limitations, among others.
