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Let's look at the key words you'll hear if you are about to buy or sell a property.

Offer

written document that expresses the will to sign the preliminary contract or deed of sale of the property, it must contain all the main elements of the next contract.
If the seller accepts your purchase proposal, he is obliged to accept it (otherwise it must return double the deposit receipt).


irrevocable

is the legal term in which the Civil Code calls the proposed purchase and is regulated by article 1329 of the Civil Code for the note.
In practice the buyer to the seller presents his economic proposal to purchase a fixed time duration, and seller by that date may choose whether to accept or not.


Booking Deposit

E 'a sum of money that is paid by the buyer or seller at the signing of the purchase to confirm its determination to proceed with the subsequent signing of the final contract. If the contract is respected, then the deposit shall be returned or "reversed" from the total sale price, if the party that received the other hand does not honor the contract, the other party may terminate the contract and require double the amount paid.


Preliminary contract

E 'contract under which the buyer if and seller agree to sign the final contract later. Once this contract has been accepted and signed by the parties, they are forced to take him to honor him, if not the other party (buyer or seller) may ask the court for a sentence of execution of the contract is concluded, as laid down ' Article 2932 of the Civil Code.


Sales contract

E 'is the contract whereby the ownership of property in front of the consideration of the price.


Notaries

It 's a public official (so avoid insulting or similar) where the law by the attribution of "public trust" between live acts and acts Testamental it receives.
In the case of real estate he authenticates the signature of the parties, authentication is required for the transcription of the Real Estate Registry (see article 2659 of the Civil Code).


Deed

It 's the name of the notary public that the draw at the time of the sale of a property. This gives the notary "public faith" at the time of compravenita and declares the source of the document he signed and that the facts written in his presence have occurred or who made them himself.


Equipped

E 'certificate issued by the competent municipal office (see Article 24 of the Uniform Construction), certifying that the conditions of hygiene, safety, health and energy efficiency of a building (or building) and equipment installed in it.


real estate agent or mediator

E 'shape that connects two or more parties in order to bring them to conclusion of a deal (see article 1754 of the Civil Code). Since 1989, brokers are required to register with each Chamber of Commerce to its "role" (eg real estate broker, credit broker, etc ...). Only registered brokers are entitled to a fee award as a prize for their intermediation.

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Words Introduction to the purchase or sale of a property

If you are about to buy or sell the house you've certainly come across all the statutory requirements and that tax over the years have been complicated.

Where once the focus was placed mainly on the characteristics of the property (site location, number of rooms, etc. ..), today it is very important to pay attention also to the amount of fees, compliance of facilities, urban destination the place where stands the house.

And it is precisely because of the "complexity" of the steps necessary that many people at the time to buy or sell the house, staffed by professionals (unfortunately very expensive) rather than engaging in person.

And although we all know what are the characteristics that must have the "house of our dreams", it is also true that we do not know just where to start to actually make it ours and we do not know what rights and what obligations We accrue during the real estate.

In the next post we will see what are the steps, and those who prepare such documents need be submitted, but today I would like to emphasize the need to move cautiously in this area.

need that arises from the fact that every single signature that we have made (which is for a proposed purchase or request for help from a third party) there capital requirements to the other party (which we are the sellers or the buyers ).

For example if we wanted to buy a property, the signature of the "irrevocable" (Article 1329 of the Civil Code) requires us, at least for a certain time, purchase the same, also usually the "irrevocable" is accompanied by the payment of a sum of money, the "deposit" (Arctic 1385 of the Civil Code).

This means that you change your mind after signing this document, we'll still have to pay the entire "deposit" is in fact binding acts which involve non-compliance of financial liability.

If instead we wanted to sell a property, after the signing of the "irrevocable" decide not to sell, we would be forced to compensate the buyer by paying double the "earnest money" received.

Very roughly speaking, if we want to buy a property without relying on a broker, remember to:

- give us all the documentation and control building and condominium

- check that there are no commissions to estate agents (who else should we pay)

- get the name of the building administrator and a copy of house rules (if we were buying an apartment)

- sign the proposal Purchase