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What is a preliminary sales agreement?

13 juni 2023
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Who is eligible for a compromise?

Een verkoopovereenkomst wordt door zowel de verkoper als de koper ondertekend. Het compromis is dus een belangrijk document voor beide partijen, aangezien hierin de details van de verkoop besproken worden. Dat betekent dat niet alleen de koper zich aan bepaalde beloften moet houden, zoals het betalen van de afgesproken prijs. De verkoper moet namelijk ook leveren wat hij belooft in het compromis. Bovendien staat hier de staat van het pand beschreven, zodat precies duidelijk is wat er verkocht wordt.

Drafting a sales agreement

In principle, either party may draft the preliminary sales agreement. You can easily find a sample private sales agreement online. However, it is advisable to have it drafted by an expert, as it is a complex document with significant implications. Are you buying or selling a home through a real estate agent? If so, they can draft the document for you. It is advisable to draw up the sales agreement as soon as possible, once you have agreed to the sale. There is then a maximum of four months between the drafting of the preliminary agreement and the signing of the notarial deed.

What should be included in the preliminary agreement?

A sales agreement must include the following key provisions:

  • Information about the seller

  • Informatie over de koper, inclusief financiële informatie

  • A detailed description of the property

  • Any defects in the property

  • Any easements

  • Other expenses, debts, or liens

  • Agreed price

What documents must be included in a preliminary sales agreement?

Several attachments are required when drafting a preliminary sales agreement:

  • Cadastral register

  • Soil certificate

  • Urban Planning Extract

  • Post-intervention file

  • Energy Performance Certificate

  • Certificate of Electrical Inspection

  • If applicable, the certificate of conformity for the fuel oil tank