Earnest Money Contracts
A Deposit Contract is a private agreement between a buyer and a seller to formalize a prior commitment to acquire a property or real estate. It is also often called an advance payment.
The signing of the Deposit Contract entails a payment, as a deposit, by the buyer for the amount agreed by the parties. This formalizes a purchase commitment, which in the event of non-compliance by the seller or the buyer, would entail a penalty.
It is usually signed when a buyer is interested in a property and wants to prevent another potential buyer from getting ahead of them and acquiring the property.
Tu gestoría y trámites (Your agency and procedures) are located in the center of the city of Valencia.
Contact us, we will be happy to help you at any time.
Tu Gestoría y Trámites
Collegiate nº 2313.
C./ Murillo 33 ground floor
46001 – Valencia
Phone 682.000.666
