To get a good home, it is sometimes better to occupy your own piece of land. Indeed, by being the owner of land, one has the possibility of building his small house without any worry. This is even a huge benefit in the long run. It is therefore essential to know how to buy land for a small house.
Opt for purchase offers
You can find a lot of land for a small house on specialist sites. There are other offers to explore such as oral buying. It is also called a promise to buy or offer a price. It is not obligatory to commit to it, even less for the seller. Its interest is to speed up the sales process and to convince other potential buyers who are less determined.
Then there is the written offer to purchase which this time commits you as a buyer. If the seller accepts it in writing, it can be said that “the deal is done”. So the seller will even be able to get damages if you can finally experience it. The buyer therefore has no interest in being sure of himself without having checked (and accepted) all the constraints. Otherwise, it’s best not to engage.
Choose promises to sell
In the unilateral promise of sale, it is the seller who is engaged. He can no longer abandon the sale or offer it to another buyer.
There is also the promise of sale also designated by the terms of compromise of sales or promise of synallagmatic sales. The two parties involved in said promise are the buyer and the seller. They are both engaged. Therefore, even in the event of the death of one or the other party, the obligation rests with the heirs.
The transfer of ownership and payment will take place with the notary when signing the Sales Law. This will be written on the basis of this promise. This must therefore contain the elements of the agreement between the buyer and the seller:
- the civil status of the buyer and seller,
- the origin of the property,
- the description of the land sold, its equipment and annexes,
- the sale price and payment terms,
- the amount at the time of signing.
It should be noted that the purpose of signing before the Notary is to authenticate the transaction to avoid subsequent conflicts. This is what justifies the interest in his role.
The role of the notary in the purchase of land for a small house
First, be aware that the Notary:
- lift the mortgage (if there is one) and purge the preemptive rights;
- also calculates costs and charges due to administration and payments;
- guarantees terrestrial advertising to inform third parties of transfers of possession;
- takes the mortgage (if there is one) for the buyer’s creditor;
- is the guarantor of the parties for all legal and fiscal obligations.
After signing the Sales Law, the notary will carry out all the necessary formalities to authenticate the law. He is obliged to keep the original of the sales law for a period of 100 years.
Ultimately, when it comes to buying land for a small house, there are two main options. Either you choose an offer to purchase, or you choose a promise to purchase. In the case of the promise, the presence of a notary will be essential.
