The reservation contract of a new-build home
It is the first paper you sign and the one most often signed unread. This is what it must say.
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A short contract that holds the home
The reservation holds a specific home for a period, in return for an amount that is normally deducted from the final price. It is not yet the sale.
It is not the same as arras. With penitential arras, if the buyer backs out they lose what they paid, and if the seller backs out they return double (article 1454 of the Civil Code). Check which of the two you are signing.
What has to appear in writing
If any is missing, ask before paying.
- The exact home, with floor, letter and garage space if any
- The total price and the amount of the reservation
- How long the reservation is valid
- When the money is refunded and how fast
- Which documents you will receive before the sale contract
- Which account it is paid into, and in whose name
The rest of the purchase
What comes after the reservation.
Receive the new-build programmes available
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What people usually ask
Can I reserve without seeing documents?
You should not. Ask first for the licence, the plans and the nota simple.
Is the reservation refunded if I change my mind?
It depends on the contract. It is the first thing to read.
Do you sell new build?
Publishing the reservation contract model on your website lets buyers arrive with their doubts already resolved.
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