Discover the most important points of signing a real estate contract

The contract of sale is very important in the process of acquiring or renting a property, so we tell you the most important aspects, which you should read and consider carefully before making any transaction.

Necessary Documents.

It is important that you first check what documents are required or requested to formalize this process. Once you have them, you can start the process more calmly.

Also, if you are applying for a loan, make sure you have obtained prior authorization before signing any compliance commitments. This approval process usually takes 2-4 weeks. Don’t make any unintended decisions as they could hurt you in the purchase/sale process as well as the financial process in the medium term.

When signing the sales contract, verify that the details of the property match the content of the contract, from the total number of meters to the number and quantity of the contract.

Another important piece of information is the name of the person involved, his identity must coincide with the official identification, any change and/or error will prevent the sale.

Also, the sale price, form of payment, and time of payment of the property. Each payment must be agreed in writing, and the property will be liquidated by settlement, transfer, check, cash, and time of delivery.

Last but not least, the delivery of the property and conditions of the property. If possible, make a checklist to detail each item and its description. The condition that the buyer accepts the sale of the property.

Consider the situation from above, as it may prevent you from facing many problems.

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