When reserving an apartment, a reservation agreement valid for ten (10) days is signed with the client. Entering into the agreement is free of charge.
A notarised contract for the purchase and sale of apartment ownership under the law of obligations is entered into. The client pays 15% of the price of the apartment ownership. The amount is paid no later than two (2) days before the entry into the contract of purchase and sale under the law of obligations to the bank account of Sõpruse Kodud OÜ or to the notary’s deposit account.
After the completion of the apartment and acceptance of construction work by the client, a notarised real right contract of purchase and sale is entered into. The buyer pays 85% of the price of the apartment. An entry is made in the land register regarding the change in ownership. All notary and state fees related to the purchase and sale transaction are borne by the buyer.
The developer will complete the construction of the designed apartment by the date specified in the contract, which is applicable only to standard solutions offered by the developer. In the case of additional and alteration work, completion dates are agreed upon together with approving the price estimate of additional and alteration work.
N.B. All images are illustrative and may contain inaccuracies.