When do I have to pay the purchase price?

Show notes

The process of purchasing a property involves more than just signing the purchase contract and receiving loan confirmation. After these initial steps, there is a crucial waiting period for the purchase price due notice, an official confirmation issued by the notary. This notice is sent once the notary verifies that all required documents are complete and the conditions for transferring ownership are met.

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One essential requirement is the priority notice of conveyance, an entry in the land register securing your exclusive buying rights and preventing the seller from selling the property to others. Upon receiving this notice from the notary and gathering all necessary documents, you send them to the bank for the loan disbursement, allowing you to pay for the property.

Urbyo provides comprehensive support throughout this process, ensuring a smooth disbursement. If you're in the process of buying a property, consider reaching out to our financing team for full assistance.