Property sale agreement — why it goes through a notary

What is this contract?

With a property sale agreement, the seller and buyer agree on transferring ownership of an immovable — a flat, a house, a plot of land or commercial premises — and on its price. The transaction concerns property entered in the land register, so the agreement alone is not enough to transfer ownership.

What has to be agreed

• Purchase price and deposit terms
• Date of the transaction
• Suspensive conditions
• Terms of the transfer of ownership
• Terms on breach of obligations and remedies

How it works at the notary

1. Book an appointment with a notary — both parties or their authorised representatives attend the transaction.
2. The notary identifies the parties and checks the right of representation.
3. The notary explains the meaning and legal consequences of the transaction and authenticates the contract.
4. The notary submits the application for the land register entry by which ownership passes to the buyer.

Frequently asked questions