Everything about the security deposit when purchasing VEFA
What is the security deposit when purchasing VEFA?
The security deposit is a payment representing a certain percentage of the total price of the purchase.This is a formality that seals the signing of the apartment reservation contract in VEFA, but you should know that contrary to what one might think, it is not compulsory to pay it.However, use wants it to be almost systematic when buying a property developer.If it is not legally compulsory, its amount is framed by law.It will be fixed according to the price of the apartment you are targeting and the provisional delivery times:
If the deadline is more than 2 years, then you will not have to pay a security deposit to the promoter.
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