Five steps: When is a house definitely sold

Step 1: Accepted offer - Is your house truly sold?

When the seller has chosen the winning offer, the buyer will receive confirmation by phone and email. It's important to know that this is not yet binding. The selling party can still sell the property to someone else until the provisional purchase agreement is signed. So, be aware that the sale is not final yet!

Step 2: Provisional purchase agreement - When is the sale final?

When both the buyer and seller have signed the provisional purchase agreement, all details of the purchase are documented in writing. It's a provisional purchase agreement because it includes a statutory cooling-off period of three days before both parties are fully committed.

Step 3: Three-day cooling-off period - Know where you stand

After signing the provisional purchase agreement, a statutory cooling-off period of three days begins for both the buyer and seller. This is a legal right. If you have doubts about the purchase or sale of the property, you can withdraw from the deal without giving a reason.

Step 4: Dissolution conditions - Important considerations

Provisional purchase agreements include various dissolution conditions. These can include common conditions like financing (mortgage) financing. Additionally, the discovery of unexpected defects in the property can be a reason for dissolution. No fine will be charged if you decide to dissolve the purchase after the three-day cooling-off period.

Step 5: Deed of delivery, transfer, or passing at the notary - The final sale

Good news! This is the day when the property is definitely sold. The notary will conduct an inspection to verify if everything is still in the same condition, such as checking the availability of full titles, conducting the transfer of the property, and checking mortgage deeds.

After the inspection, the signing takes place at the notary's office. The transfer of the property is formalized during the deed of delivery. The notary verifies that all parties fulfill their obligations, and also prepares the mortgage deed (only applicable for a mortgage loan). Once everything is signed, the final transfer of the property takes place, and the keys are handed over.