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Procedure when concluding contracts

1. Oral reservation

Non-binding oral reservation for a period of three days.

4. Reservation contract

The apartment is reserved for a period of 30 days from the date of signature. A reservation fee of CZK 150,000 or CZK 250,000 depending on the purchase price of the apartment must be paid.

6. Preliminary purchase contract

A contract that precisely stipulates the payment conditions and is similar to a purchase contract. The future purchaser and the future seller agree in it to the conditions under which they will conclude the purchase contract.

9. Purchase contract

The contract through which the apartment in question is transferred from the seller to the buyer. It precisely specifies the subject of the transfer and the price. 
The contracting parties conclude the purchase contract after the completion of construction work and after the occupancy permit decision has come into force.

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