You have found your dream house. For most individuals, buying a home is the biggest financial decision in their lives. A decision that most people make only a few times in their lives. Meijer Notarissen will assist you with professional advice.
Purchase of a home
The purchase contract is the most important aspect when buying a house. It is a legal document that requires special knowledge. It contains the agreements that you have made with the seller. From whom you buy the house, what you have to pay and when the house is transferred. Or what state the property is in and what is possibly wrong with it. What else is in it depends on the property in question and on your agreements with the seller. For example, agreements about resolutive conditions or a deposit.
This contract therefore forms the basis for the transfer of the property. If you forget to put something in the contract or if it is not in good condition, this can have major consequences. Because once signed, remains signed. It is best to have your purchase contract drawn up by the notary. Of course, in consultation with the seller and the broker.
Rights and obligations
Meijer Notarissen also advises you on what you should do if the seller defaults and vice versa. It is important that you agree in the purchase contract what your rights and obligations are in that case. For example, the seller has to pay a fine if the transfer does not take place on the planned date due to his fault. The same applies to what you must do to claim that fine.
When the notary draws up the purchase contract, he can immediately register it with the Land Registry. The seller can then no longer sell the house to someone else. You are also protected against, for example, seizure of the home. If that happens, the house cannot simply be transferred to you. This is more common than you think. The seller only has a small payment delay and it can go wrong. The transfer must take place within six months after registration. Otherwise this protection expires.
Financial spider in the web
Meijer Notarissen also monitors the financial side of the transfer. Our notaries, for example, ensure that the bank and the seller get their money. Naturally, this is done immediately. The purchase price is therefore only paid if it is certain that you will become the owner of the property. The notary is independent and impartial and therefore looks at your interests and those of the seller. He also does all kinds of investigations. To your background and that of the seller. If something is not right and could cause problems, he immediately applies the brake. And he usually ensures that the problems are solved immediately.