STEP 4 OF 5
04 · Deposit contract (arras)
With the review completed, buyer and seller sign the deposit contract (arras), which sets the price, signing date, and penalties.
-
Arras penitenciales
The usual: if the buyer withdraws, they lose the deposit; if the seller withdraws, they return double.
-
Amount
Usually 10% of the price, discounting the reservation already paid.
-
Signing date
Agree on a realistic period for the mortgage and fund preparation.
-
Clauses
Include the condition in which the property is delivered and the inventory.
