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Sale deed of a property

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									                                       Sale deed of a property


 Once all the conditions for the completion of the sale are met, a deed must be done. This act must be
done through a notary to take the form of a deed.

Signing of the deed

     Payment of the balance

     Notification of the act

     Time to Think

     Contents

     Annex to the deed of sale

     Property transfer fees

     Where to go?

     References



Signing of the deed

The deed of sale must be signed by the buyer, the seller and the notary. For the sale to be enforceable
against third parties, the notary must ensure publicity by publishing the property deed in the land
register office located in mortgages on which the well.

Key collection is made at the signing of the deed of sale, unless the buyer and the seller agree otherwise.

The notary who drafted the act keeps an original called "minute" and deliver to the purchaser a copy
constituting his title should be retained.

Payment of the balance

The balance of the purchase price and the cost of a notarial deed must be paid at the signing of the deed
of sale. If the notary of the buyer and the seller have collaborated in the drafting of the act, they must all
sign the deed of sale. Fees payable for the completion of the deed of sale is then shared between the
two notaries.

Notification of the act

Once signed, the bill of sale must be sent to the buyer by registered letter with acknowledgment of
receipt or by any other means (fold bailiff or delivered by hand when the deed of sale is concluded
through a real estate agent or a notary).

Time to Think

When a deed is not preceded by a preliminary contract, the purchaser has a cooling off period of 7 days
to return his engagement. This period starts from:

 the day after the first presentation of the letter notifying the deed

or hand delivery of the deed. The buyer should bear the handwritten note that evidence of his
knowledge of the faculty of thinking and that of his departure date.

If the last day of the reflection period is a Saturday, Sunday, public holiday or bank holiday, the period is
extended until the first following working day.

A purchaser who returns his engagement must notify the seller before the expiry of 7 days, by
registered letter with acknowledgment of receipt.

Warning: during the reflection period, no amount may be claimed from the purchaser.

Contents

The deed of sale shall at least include:

Vital seller and prospective purchaser,

Originally the property (date of previous bill of sale, name of previous owner, deed ...)

  address of the property,

 detailed description of the accommodation, its equipment and its annexes. The mention of the size of
the dwelling is mandatory in respect of units in a condominium, since the size of the housing is at least
equal to 8m ²

 the amount of fees due to mandated professional responsible for the sale and who is responsible for
paying,

 the sale price and terms of payment (must include whether the price will be paid with or without a
mortgage)

 mortgages, charges and encumbrances private



     the deadline for the signing of the final deed of sale.
Annex to the deed of sale

Any sale must be accompanied by the technical file diagnostics estate.



Property transfer fees

The costs incurred by the notary to establish the deed shall be borne by the buyer, unless the seller and
the buyer decides otherwise. These costs are:

 duties and taxes paid to the Treasury collected by a notary (registration, land registration tax or value
added tax according to the nature of the operation),

 remuneration of the notary (drafting of the deed of sale ...) and appropriate fee free (consultations,
expertise ...)

expenses incurred on behalf of the parties (cadastre extract ...).

								
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