What is a direct sale?
A direct sale is the simplest and fastest way to sell. It is possible when the buyer and the seller agree on an immediate sale date.
How does a direct sale work?
During a direct sale, all the steps are taken on the same day. Once the draft deed has been drawn up and completed, both parties go to the notary to conclude the sale. During the appointment, the notary signs the deed, transfers the funds and hands over the keys. The transfer of ownership and the registration in the land register also take place on this day. Thus, the buyer immediately becomes the new owner of the property.
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Additional definitions
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SaleGeneralForward sale
A forward sale is a form of sale that takes effect at the end of the term defined between the seller, the buyer and the notary. It allows the different parties to have more time to organize a move or to end a lease for example.
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Kevin Golub
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