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Reservation Contract

Normally a €6,000 deposit is placed at your solicitor or our clients account at The House of Christianzens, which is 100% refundable if there are any legal problems found with the search on the property.

The contract contains details of:-

  • Property Address
  • Property Price
  • Signing date of the Private Purchase Contract
  • Amount paid for the Reservation Contract
  • Any conditions relating to finance
  • Signatures of the purchaser and vendor

Once your solicitor has examined the relevant documentation and allows you to proceed with the purchase a Private Purchase Contract is drawn up which will include details of:-

  • Completion date
  • Exact details of the property and its boundaries as in the Government Registration or Referencia Catastal.
  • Agreed terms and conditions between the purchaser and vendor.
  • A full 10% deposit is paid (less the 6000 euros already lodged)

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