Reviewing a Private Purchase Contract

Build a clear description of the transaction

Read the contract alongside the title documents, current registry information and any plans or inventory attached. Check names, identification details, ownership shares and representation. Ensure the description covers every element included in the price. A parking space may have a separate registry identity; furniture may require an inventory. Highlight inconsistencies for resolution rather than assuming a general phrase will include everything seen during the viewing.

Make every payment traceable

Prepare a table showing the total price, money already delivered, future payments, payees and payment dates. Separate purchase amounts from professional fees and tax estimates. If part of the funds will discharge the seller’s mortgage or meet another agreed obligation, request a documented payment and cancellation arrangement. Check who bears each cost under the contract and obtain advice where the proposed allocation raises a question under applicable law.

Turn unresolved matters into explicit terms

Identify the documents still outstanding and the factual assurances the buyer is relying on. Ask for practical commitments about delivery, charges, tenants, works and certificates, with a person responsible and a date. Clarify what evidence is acceptable and what remedy is available if the promise is not met. The Civil Code contains general contractual rules, but the application to a disputed clause needs assessment of the complete agreement and circumstances.

• Ensure relevant plans and specifications are actually attached.
• Record which language versions are signed and how differences are handled.

Review the final signing version

Use a single final version and compare it with the last agreed draft before signing. Check inserted dates, handwritten changes, schedules and bank details. Keep a signed copy containing all annexes for every party. For remote signing, agree how identity and authority are verified. If a clause is unclear, request a plain-language explanation of what you must do, what the seller must do and the consequences of failure.