French Riviera house
Appel immo makes sellers and buyers get in contact for French Riviera
apartments, villas and houses.
Choose your preliminary agreement carefully before signing for a house on
the french riviera.
Once you have taken all the precautions and have definitely made up your
mind, the time has come to pay the first sum of money (never pay anything
before this stage!) and to sign a preliminary agreement. This can take a number
of forms. The extent to which you are committed will vary from case to case.
You must therefore be careful to read all the documents carefully.
- The "offer to buy" commits the buyer of the french riviera house, who
cannot change his mind for the period stated in the offer, unless he has
taken the precaution of including in the contract suspensive clauses and
one of these is not fulfilled. On the other hand it in no way commits the
vendor until he has signed. What's more, he can keep you waiting and never
sign, and you will not be entitled to compensation. Avoid this option which
is much too dangerous for you.
- The "commitment to sell" commits totally the vendor of house on the french
riviera. It leaves you a certain period of time, shown in the contract, during
which you can consider the offer, in return for the payment of a certain sum
(generally 5 to 10% of the purchase price).
- The "provisional sale agreement" binds the vendor and buyer definitively,
except if one of the suspensive conditions in the agreement is not fulfilled.
However, the two parties can allow for the possibility of someone going back
on their commitment, stipulating the compensation payable. It is therefore
important to read the clauses in the agreement carefully and check the description
of what you are buying. Because once you have signed the "official deed" in
the presence of a solicitor you cannot change the terms of the contract to
buy a french riviera house.
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