Do you know what a CPCV is? What does the CPCV (Promissory Contract for Purchase and Sale) consist of?

Before signing a promissory contract of purchase and sale (CPCV), both Seller Customers and Buyer Customers must be aware of a number of crucial points to ensure that their expectations and interests are adequately protected.

Selling Customers:

1. Value and Conditions: Make sure that the amount and conditions agreed upon in the CPCV are in line with your expectations and financial needs. Make sure that all the specifications of the sale are clearly defined in the contract, including any payment dates and deadlines for the execution of the deed.

2. Condition of the Property: It is important to ensure that the property is in proper condition for sale, including obtaining all necessary legal documents and resolving any outstanding legal issues. Inquire about any additional obligations that may arise during the sale process.

Termination Clauses: Check if the CPCV includes clear clauses that regulate the termination of the contract, both by the buyer and the seller customer. This may include penalties or refunds in the event of non-compliance with established obligations.

Customer Buyers:

1. Financing: Make sure you have all the necessary information about your mortgage, including prior mortgage approval, before signing the CPCV. If there are any outstanding questions or conditions, discuss with your real estate agent before proceeding.

2. Property Inspection: Before signing the CPCV, it is essential to conduct a thorough inspection of the property to identify any potential defects or issues. This can help you avoid any unpleasant surprises in the future and negotiate potential repairs or adjustments in price.

3. Signal Value: The value of the deposit, which usually varies between 10% and 20% of the total value of the transaction (this percentage depends on what is agreed with the Selling Customer), is an important part of the CPCV. Make sure you fully understand the conditions associated with paying the down payment, including when and how it should be paid, and the consequences in the event of termination of the contract by either party.

In the search for your HOME, the journey towards buying or selling a property is full of expectations, anxieties and critical decisions.

In this complex scenario, the promissory contract of purchase and sale (CPCV) becomes a reliable guide, pointing the way to the realization of your dreams. And at Live & Colors Properties, our mission goes beyond simply brokering transactions – we're committed to making that journey as smooth and rewarding as possible.

Every step of the way, our dedicated Legal Firm is ready to offer personalized support, from the moment you start looking to the moment you sign the contract. And this is where our Legal Office stands out as a beacon of guidance and expertise.

Imagine yourself for a moment in the shoes of a potential Buyer, envisioning that place you may soon call Home. However, the usual doubts and uncertainties arise - will the funding be approved?

What if legal complications arise in the process?

This is where our Legal Office comes in, ready to clarify all the nuances of the CPCV, ensuring that  you understand every detail of the contract and are protected from unpleasant surprises.

On the other hand, if you are on the side of the Seller, with your precious assets ready to find a new owner, our Legal Office acts as a protective shield, ensuring that your interests are safeguarded at every stage of the negotiation process.

And when the moment of signing arrives, it's not just a formal act – it's the realization of a mutual commitment, with the support of our team by your side who are dedicated to ensuring that all your rights and interests are properly protected.

So, at Live & Colors Properties, we don't just sell properties – we provide security, peace of mind and confidence in every CPCV we draft. Because we understand that behind every contract there is a unique and valuable story, and it is our mission to ensure that this story has the outcome that our clients deserve.

We believe that each PROPERTY we call HOME should reflect the personality, values and colors of life of those who inhabit it.

Add Color to Your Dream!