It is signed after sufficient due diligence and before the final notarial transfer. It may predate construction and cadastral registration, which makes precise project appendices and safeguards against changes especially important.
Signed by the prospective parties to the final transaction or duly authorized representatives. Check that the seller owns the property or holds the relevant right, that the company is properly represented, and that all necessary spouses or co-owners are involved.
This is the document on which the buyer actually owes large payments and can seek performance or compensation. An unclear subject matter, a unilateral change, a weak deadline or inadequate liability for the seller may remain a problem until the end of the project.
What the document proves
What can you establish from it?
Each document answers a different question. A single document is rarely enough to prove title, completed construction work and the basis for payment at the same time.
What does it establish?
It establishes the obligations that the parties have actually assumed - the property and rights, the price, the method of payment, the term for the final contract and any additional conditions. Appendices and annexes are part of the agreement.
What does it not establish?
It does not automatically transfer ownership, is not a permit to build or occupy, and does not guarantee that the seller will remain solvent. Does not prove absence of encumbrances, actual milestone achievement or credit approval.
What to look for in the document
Which details should you compare?
Check the parties, representation and title documents; the land parcel, the right to build and the future unit; the project, areas and accessories; the price and VAT; stages and evidence; deadlines; the changes; the penalties; the encumbrances; financing; the notarial transfer; handover; warranties; and termination.
What comes before and after?
Before it come the reservation and the legal, technical and financial checks. After signing, only the agreed events and documents are monitored, and before the final transaction, an up-to-date check of ownership and encumbrances is made.
Where the document comes from
Finding and checking it
Mesto does not receive, store, interpret or track private contracts and does not calculate maturities. Educational pages help you ask questions, but they don't confirm your specific clause.
Obtain the project documentation and all appendices from the seller or developer well before signing. Keep signed versions, annexes, notices and proofs of every payment and acceptance.
When do you need a professional review?
An independent attorney should review the contract prior to signing and significant payment. An architect or engineer verifies the design and technical applications, and the lender must separately validate its own process.
Before you continue
Check these details
Use this list to prepare for a conversation with the seller or a specialist you trust.
- 01
Customize the item by right, project, object, areas and accessories.
- 02
Associate each payment with an accurate document, scope and procedure.
- 03
Add a deadline and working consequences for delay or change.
- 04
Arrange encumbrances, financing, final transaction and delivery separately.