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Property reservation contract
Online verifiedContrato de reserva
Who needs it
A buyer who wants to reserve a property while arranging other paperwork.
When needed
Before the arras. Usually, a deposit of €5,000 to €10,000 is required, which is forfeited if the buyer withdraws.
Where to get it
Preparation is done by a licensed attorney (recommended, not an agency). Sign with legal verification; notarization is advised.
Cita previa
No.
What to bring
- •NIE (preferred)
- •Passport
- •Funds for the deposit
Common mistakes
- âš Signing without prior nota simple
- âš Not checking if the seller has the right to sell
What to say at the counter
I am interested in signing the reservation contract for this property. (Me interesa firmar el contrato de reserva para este inmueble.)
Key4Spain service
Handling this via Key4Spain ensures 0% margin for error.