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Real estate glossary

Preliminary sale agreement (compromis de vente)

Pre-contract by which the seller and the buyer mutually commit to complete the sale, subject to the conditions set out in the contract.

Also known as: Promesse synallagmatique de vente, Bilateral promise to sell
Category: Buying and selling
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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).

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