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Buy a new property off plan

Whether an apartment or a house "in town", the acquisition by selling the state future completion (Off Plan), also called the plan sale proceeds in the same way: You sign first a reservation contract, later you sign the final contract. One the other as to obey strict rules.

THE CONTRACT OF RESERVATION

This contract is not mandated by law, but in practice, the proposed purchaser of a future dwelling. It should contain the following information :

The property description: The living area and the number of main parts, service parts, clearances and outbuildings and the area of the garden.

A technical note Summary: Stating the situation Accommodation in the building or the whole program, a detailed list of amenities, different construction materials, their nature and quality.

termination clauses and precedent : Obtaining the loans, the completion of the sale of your property before.

The sale price, estimated or adjustable ; If the price is estimated, it can be changed between the reservation and sale of up to 5%. If it is revisable, it can evolve according to the index BT01 building.

The amount of the deposit : 5% if the sale is signed within a year, 2% if it occurs within 2 years. This money is paid into a special account in a bank or a notary.

The reflection period : Once signed, the booking is shipped to the purchaser by registered mail with return receipt. It has seven days to accept or refuse, always by registered letter with return receipt requested, addressed to both the seller and the custodian of funds. The deposit will be returned.

DEFINITIVE AGREEMENT FOR SALE

You will be asked one month prior to signature and you must sign before a notary. The deed of sale must contain:

- detailed description of the accommodation (the plan, the number and surface parts, items of personal equipment, the nature and quality of materials)
- the price, its possible revision and timing of payments
- designation of the bank which guarantees the completion or refund of amounts paid in the event of failure of the proponent
-
delivery time - penalties for late payment (1% per month ).

Appended to the contract, you will find documents following:

- plans, sections and elevations with dimensions useful indication of the surfaces of each piece and release;
- the plan side of the room and sold a record of items of equipment unique to housing
- the planning permission;
- the state registration of mortgages;
- the condominium rules;
- certificate of professional liability insurance sponsor;
- certificate of insurance compensation work .

The day has arrived and will be delivered to your home. At a meeting with the developer, you make a statement places. In those minutes, you should note all the defects of conformity and any defects affecting housing cracks, faulty gaskets, ill-fitting frame, double-glazed striped traces of moisture, shine enamel in the tub ... Some defects may also exist in common: malfunction of the elevator, stair railings loose, unable to maneuver in the parking ...
Sign
all these defects in the minutes and know that you still have a month to notify the seller that you are experiencing problems yourself at home in your new home. All the remarks must be stated in writing and by registered mail. Otherwise, it will be assumed that you have accepted the accommodation quel.Tant such as reservations are not withdrawn, the balance of the price (5%) is recorded.

Delay Delivery: Due to weather, force majeure or a strike, the proponent may lag behind in program delivery. These incidents beyond its control, can be attributed to him. Apart from these causes, you must deliver the dwelling in the time allowed in the reservation contract. If so, (over 15 days), he must pay the penalty delay mentioned in the contract.

(sources Paruvendu.fr)