Sales contract.

About 4 weeks later, when the procedures of due diligence have been fulfilled and it has been proved that everything is by the book, the sales contract will be signed. At the moment of signing normally the buyer is asked to pay 25% to 35% of the sales price minus the already payed reservation fee.

Signing the sales contract is a very important step in the whole purchase process: As soon as negotiations with the seller’s lawyers about his/her rights and interests are completed, specific terms and conditions of the purchase procedure should be determined.