The deposit for an apartment

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Suppose apartment for sale.You - the owner of it.And the buyer has already found, and finally discussed the price and conditions to all fit.Or vice versa - you will find those same apartments that suit you entirely, and you do not want to lose them.And in the first and in the second case we need a deposit for an apartment.It will be the guarantor of the transaction, to some extent, having secured both the seller and the buyer.Deposit when buying an apartment (partial repayment of the cost and need to be discussed by both parties) is left in most cases and has already become quite familiar.

The final settlement occurs at the signing of documents on the transfer of ownership.To avoid misunderstandings and disputes will only allow the contract deposit for an apartment or a preliminary.It should conclude in writing, with notary certification.Undesirable is usually released as they both run a great risk.Formalization of the document shall prevail.Make a deposit for an apartment you can both agencies who have already prepared forms and are ready to provide their services at any time, and independently, with the help of a lawyer.

Buy, as well as selling without deposit - disregard for basic security.Do not give money to the seller (buyer) on hand in person if:

- no title document;
- no one party, make out a deal;
- is not all owners of apartments;
- not legalized redevelopment (if held);
- no owners, registered in the apartment sold;
- the apartment is rented.

Seller and buyer sign a contract and deposit, then the buyer transfers money to the seller.After finalizing all the documents relating to the sale of the apartment, and then the parties will be produced a final settlement.

case where one party changes his mind (do not give the goods the seller or the buyer himself will reject it), what will be the fate of the deposit?You have to give it?

And here exposed reefs.The same insurance.The deposit for an apartment (or simply an advance) is not only part of the amount, but also the provision of obligations.In case of failure of any one of the parties (or from the sale or the purchase) shall enter into force the legal consequences.If the culprit is the failure to perform the contract side, gave a deposit for an apartment, the deposit shall not return.If the culprit is the party that has received it returns twice the size of the amount left (unless otherwise stipulated in the contract).

design of the deposit is to be used only in the contracts where negotiated obligations and responsibilities, and on the one hand, and the other.Otherwise, they, of course, will be at a disadvantage.

fact - the buyer, making a rather big amount already from the apartment will not give a reason (insurance seller), but if and change his mind, the non-pecuniary damage is already on hand.Yes, and the seller is unlikely to take the risk to go back on their word: in this case, it will lose the amount paid and will make the same amount out of pocket.

very important to understand what kind of contract you sign, because it can be not only bilateral but also trilateral, where a third party acts as agent.

real estate company, selects for its clients apartments and bringing buyers and sellers interested in selling directly (at least of the seller), because they live on the interest received from the transactions.

you may be offered a tripartite agreement of the deposit, according to which the buyer was agreement on the purchase of apartments, so it makes a certain amount in payment.But this money has already received a realtor, not the seller.Disrupt the deal in this case not only to cover the losses of the seller, but also a realtor.