Compromise of sale: Can you give up your purchase at any time?

By fashionlifeshopping 04/07/2022 1259 Views

How to give up the purchase outside the withdrawal period?

If a buyer wishes to disengage after the signing of a sales compromise, he may be forced by the seller to pay the amount of the possible penal clause provided for in the contract.However, the seller can also choose to seek the forced sale of housing in court.

The buyer is definitively engaged when the withdrawal period has passed.

Compromis de vente : pouvez-vous renoncer à votre achat à tout moment ?

However, he may wish from the start to predict a lapse of the sale in the presence of a specific event, such as a refusal of building permit for an enlargement.This can be provided in the compromise in the form of a precedent condition.This condition, to be valid, must not depend on the only will of the buyer.For example, we could not put the buyer's resignation as a suspensive condition, because he could then voluntarily choose to end the sale.

In general, the parties to the sales compromise can always agree to end their commitments and cancel the sale, but that can only be done with the seller's agreement.

How many days of withdrawal for a real estate purchase