Purchase contract informs about the rights and obligations of the buyer and seller

Purchase contract – A purchase contract defines which right a buyer acquires from a seller at which purchase price. Important details concerning the purchase of real estate are stated in the purchase contract. The signing of a real estate purchase contract is carried out in the presence of a notary.

Purchase contract at a glance: Important details of a property

  • Definition of what thing, or what right, a buyer acquires from a lessor at what purchase price
  • When buying real estate important details are mentioned in the purchase contract
  • Signing of a real estate purchase contract takes place in the presence of a notary public

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