The BEST Guide to POLAND
Unanswered  |  Archives 
 
 
User: Guest

Home / Real Estate  % width posts: 6

Down-payment; are many contracts made without any down-payments in Poland?


Zebb 2 | 1
28 Jun 2010 #1
I had a discussion with a real-estate agent who declared that many contracts are made without any down-payments in Poland and he also had the opinion that a buyer can change his mind and claim money back for almost any reason. In my opinion he should only be able to get his money back for reasons that are mentioned in the contract. Could someone please tell how is the common procedure? This refers to "second hand" sales of apartments.
David_18 68 | 982
28 Jun 2010 #2
Ever heard of Consumer protection? or Product recall?
plk123 8 | 4,149
28 Jun 2010 #3
a buyer can change his mind and claim money back for almost any reason. In my opinion he should only be able to get his money back for reasons that are mentioned in the contract. Could someone please tell how is the common procedure?

yup, SOP unfortunately. good luck
terri 1 | 1,665
28 Jun 2010 #4
Never put any money down as a down-payment, unless you can aford to lose it.
inkrakow
29 Jun 2010 #5
many contracts are made without any down-payments in Poland and he also had the opinion that a buyer can change his mind and claim money back for almost any reason.

This hasn't been my experience in the real estate business at all - you should double check with someone who knows what they're talking about. There is usually a deposit paid by the buyer, which is kept by the seller if the buyer pulls out, and returned twice over if the seller pulls out. The conditions under which there is no penalty are usually clearly stated in the notarial deed.
OP Zebb 2 | 1
29 Jun 2010 #6
Ever heard of Consumer protection? or Product recall?

I do not think consumer protection laws could work between private persons!

yup, SOP unfortunately.

SOP, for those who don't know = STANDARD OPERATION PROCEDURE

My Good, how could you enter into a contract if one part are free to leave it by his own choice without any consequences! Is it really the fact?

Well, the answer is that my agent told me that this is the common procedure. He also told me that the guy who bought was very trustworthy, he was a notary!!! Everyone told me the same, don't worry you could not have a better customer!

When it came to settlement he pulled out and later I got the information that he bought from some one else in the area!


Home / Real Estate / Down-payment; are many contracts made without any down-payments in Poland?
BoldItalic [quote]
 
To post as Guest, enter a temporary username or login and post as a member.