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Latest posts

Posts Tagged ‘preliminary agreement’


The preliminary agreement concerning real estate

23-09-2009

The old rule of trade says that when both parties act with the best of intentions, they do not need any agreement. A handshake is enough. But if you plan to sell or buy the property, you should think about better protection of your own interests. Read more…

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Reservation agreement concerning real estate

15-07-2009

Together with housing boom developers started most often to compel the customers to conclude the reservation agreements in order to book a good trading offer of property. Sometimes it may turn out to be risky to sign such agreement because developers often do not have necessary permissions to start constructing a building and it is usually difficult to terminate this agreement unilaterally by a customer because of unfavourable terms and conditions.

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