Illustrative scenario, not a real case nor a promise of results.
The buyer asked to sign arras "this week, or the flat is gone"
Situation
A client abroad is buying a flat in Madrid. The agency pushes for a deposit contract within days, provides no registry extract and the draft assigns all charges and costs to the buyer.
The risk of doing nothing
Signing arras under pressure without a registry check can mean inheriting debts, accepting unbalanced penalties or losing the deposit if the transaction collapses for reasons not covered by the contract.
What we would need
- The draft arras contract and the listing details
- Land registry extract and information on charges
- The buyer’s timeline, financing and conditions
What the firm would do
- Review the arras draft and rebalance the risky clauses before signature
- Check the registry situation: ownership, mortgages and debts
- Negotiate conditions that protect the deposit if the sale fails
Quoted separately
- Notary, registry and taxes for the purchase
- Sworn translations if required by the notary