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Before signing with a developer: 3 points to check in the agreement

3 points from a review of the developer's agreement

Video transcript

The developer's agreement is written by the developer's lawyer. For every payment you receive security under the Sale Law, for example a bank guarantee. A clear delivery date, and compensation if the developer is late. The rider of amendments shows what you will really get. And all of this can be changed only before signing, not after.

For the full explanation: Buying an apartment from a developer: the contract is written by the developer, and it can and should be amended. The page explains what the review covers: the security under the Sale Law, the indexation mechanism, the delivery date and compensation for delay, the specification and the inspection period, and the rider of comments on the standard-form contract.

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Not sure the deal is safe? Let's start with a conversation

In an initial conversation we will go over the property, the other party and the payment schedule, and tell you what needs to be checked before you sign.

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