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Your lake Garda property market
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Your lake Garda property market
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Commitment deposit

Caparra Confirmatoria

The deposit with a commitment to buy usually amounts to anything from 10 % to 30 % of the sales price. You will lose your deposit if you withdraw from the sale after having concluded a preliminary contract. If the vendor reneges, he must pay you double the amount of the deposit. The aggrieved party also has the option to insist on the execution of the contract or can claim for damages.

See also penitential deposit