Reservation documents
Short, presented as informal, and frequently binding. Review before signing.
Real estate
Property purchase in Spain: contracts and safeguards
Most buyers focus on the notary deed. The commercially decisive documents are signed weeks earlier, often without legal review.
Who this is for
- Buyers about to sign a reservation
- Buyers negotiating a deposit contract
- Off-plan purchasers
Arras contracts
The type of arras determines the penalty regime for both parties.
Conditions precedent
Financing, licences and clear title should be conditions, not hopes.
Get legal guidance on your case.
A confidential consultation with a Spanish-qualified, English-speaking lawyer — in person in Madrid or by video.
Frequently asked questions
- The agency says the reservation is standard. Should I sign?
- Standard for the agency is not neutral for you. A one-page review is inexpensive relative to the deposit at risk.