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Forward Purchase Agreement in Spanish

Publicado el 11/1/2023

A forward purchase agreement in Spanish, also known as “contrato de compra anticipada,” is a legal contract that is commonly used in real estate transactions. This agreement allows buyers to purchase a property before it is completed or even before construction has started.

In a forward purchase agreement, the buyer agrees to purchase the property at a specified price on a future date. This type of agreement is beneficial for both parties involved, as it allows the seller to secure a buyer before the property is completed, and it gives the buyer the opportunity to secure a property at a lower price before it is made available to the public.

The key component of a forward purchase agreement is the price, which is agreed upon by both parties at the time of the contract. This price is typically lower than the market value of the property when it becomes available for sale. By securing the property at a lower price, the buyer is essentially making an investment that will likely yield a return in the future when the property appreciates in value.

The forward purchase agreement is also beneficial for the seller, as it provides a degree of certainty in terms of cash flow. With the agreement in place, the seller can use the funds to finance the construction of the property and can rely on the buyer to follow through with the purchase once the property is completed.

In order for a forward purchase agreement to be legally binding, it must be approved by a notary public and registered with the appropriate government authorities. The agreement should also specify the terms and conditions of the sale, including the payment schedule, delivery date, and any contingencies that may apply.

In conclusion, a forward purchase agreement in Spanish is a valuable tool for both buyers and sellers in the real estate industry. It allows buyers to secure a property at a lower price before it becomes available to the public, and it provides sellers with the certainty of a future sale. As with any legal agreement, it is important to consult with a qualified attorney before entering into a forward purchase agreement to ensure that all the terms and conditions are clearly defined and legally binding.

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