Brazil Property LawyerA proposed purchase agreement is more than a statement of price. It decides what must happen, when money changes hands and what each party can do if something goes wrong.
Five questions for the draft agreement
- What exactly is being sold? The address, registry description, parking spaces, included items and any rights sold separately should be clear.
- Who is bound? Confirm the seller’s identity and authority, and identify any required signatures or consents.
- What must happen before payment? Tie payment stages to documents and events that can be checked. Do not assume a deposit is automatically refundable if the review finds a problem; the agreed terms and circumstances matter.
- Who resolves an issue? State the documents, clearances or corrections required, who pays, and what happens if a deadline is missed.
- How will completion work? Coordinate the final payment, legally appropriate transfer instrument, taxes, fees, possession and presentation for registration.
Practical rule: If a material fact is still unknown, resolve it before committing or address it expressly in the agreement with a workable condition and consequence.
Different properties require different terms
An existing apartment, a plot of land and an off-plan unit raise different questions. A standard template may omit the very condition that matters most to a buyer. Contract review should follow the document investigation, rather than treat it as a separate formality.
Further reading
What should a legal review check? · When do you become the owner?