Selling real estate: compromise or promise of sale ?
Publié par Administrator User, le 20 April 2018
Sell a real estate in compromise of sale or in promise of sale ? When one decides to buy or sell a property, a long process is undertaken. These exchanges between the buyer and the seller, when they result in a concrete agreement, can be supported by a promise of sale or certified by the signing of a sales agreement. What are the differences between each of these two contracts? Tradim Real Estate gives you some answers !What is a promise to sell ?In concrete terms, when a promise to sell is signed, it is the owner who makes a commitment to the buyer: he promises to sell a property at a specific price. This is known as a unilateral contract, contrary to the signing of a sales agreement, which is termed synallagmatic (in other words, each of the two parties commits each other).In other words...
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