FOLLOW DIRECTLY ON LINE FROM YOUR SMARTPHONE
THE SALE OR RENT OF YOUR ESTATE. ENTER IMMEDIATELY AND FIND OUT THE BEST SERVICE ON THE MARKET
COFIM, WE ACHIEVE THE BEST FROM YOUR ESTATE
TO BE SOLD OR RENTED ENTER IMMEDIATELY AND FIND OUT THE BEST SERVICE ON THE MARKET
WHAT IS THE DOWN PAYMENT?
The down payment is the legal tool provided for by the Civil Code which penalizes the party which does not fulfill the commitments taken with the preliminary purchase agreement.
Therefore if the buyer, after having deposited the down payment, withdraws the purchase by stipulating the deed, loses the amount in deposit and the seller can hold back what received, remaining owner of the property.
If, on the contrary, after having cashed in the down payment the seller does not want or cannot complete the sale stipulating the deed, he is bound to give back to the buyer a double amount than what received.
