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How to avoid falling into a trap when entering into a preliminary apartment purchase agreement
Quite often, developers offer investors wishing to purchase housing to enter into a preliminary agreement, during which the investor gradually pays the cost of the future apartment. After that, subject to the payment of the apartment price and the commissioning of the residential building, the main agreement, i.e. the apartment sale and purchase agreement, is concluded with the investor and, accordingly, the investor’s ownership of the apartment is registered.
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