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Things to watch out for when buying real estate
Hidden defects in the sale of a building
When you buy/sell a building, defects may appear after several weeks of occupying the house. If these defects were not visible during the visits and are of sufficient seriousness, they can then be qualified as defects...
The penalty clause in the context of a real estate sale
When signing your compromise or promise of sale, you notice that a penalty clause is included. This clause usually provides for the payment of the sum of 10% of the sale price to your seller, if the sale does not succeed, through your fault....