Buy a house!

What is a CPCV?

The CPCV is a Purchase and Sale Promise Contract, it is this document that legalizes the purchase / sale of a good between those who own it and those who intend to buy it. This contract must contain the following information:

• Identification of the negotiating parties;

• Discrimination of the object of the transaction;

• Indication of the price and form of payment;

• Mention of the date for the deed signing;

• Identification of sanctions if the deal does not go through.

It is normal for the buyer to make a down payment to the seller upon signing the CPCV. If so, the amount of that deposit must be stated in the contract.