Purchase Details

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#006699" TEXT="#080000" background="065fd5a3.jpg"> <div> <FONT SIZE="5" COLOR="#000000" FACE="Arial" ><B>La Petite Berthe    </B></FONT><B>    </B><B> |     </B><A HREF="index.htm" TARGET="_top" TITLE="La Petite Berthe "><U><B>home</B></U></A></div> <div> <A HREF="id17.htm" TARGET="_top" TITLE="Details Of New Building"><U>Details Of New Building</U></A>   |   <A HREF="id18.htm" TARGET="_top" TITLE="Pictures Of Land Barn"><U>Pictures Of Land & Barn</U></A>   |   <A HREF="id24.htm" TARGET="_top" TITLE="Building Specification"><U>Building Specification</U></A>   |   <B>Purchase Details</B>   |   <A HREF="id19.htm" TARGET="_top" TITLE="Links"><U>Links</U></A>   |   <A HREF="id22.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFCC66" TEXT="#080000" background="066d2b03.jpg"> <bR> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>Purchase Details</I></div> <bR> <div> <B>The purchase of the property, off plan, will be a two stage contract process. The preliminary contract is </B></div> <div> <B>called a " contrat de reservation ". This is to secure the commitment of the buyer and you will be required </B></div> <div> <B>to pay a 5% deposit to the Notaire. This deposit is held by them until the final handover of the building. You will </B></div> <div> <B>have a seven day cooling off period, in which time you may change your mind and have the deposit returned. </B></div> <div> <B>After this period you will be asked to sign the main contract, which is called " vente en l'etat futur d'achevement  </B></div> <div> <B>( VEFA ) ". This contract includes all the details of the build, including plans, materials to be used, technical </B></div> <div> <B>specifications, completion dates etc and is required under French laws.</B></div> <bR> <div> <B>    The purchaser will be provided with the standard guarantees - "garantie d'achevement", which guarantees completion </B></div> <div> <B>    of the building works if the builder becomes bankrupt, or otherwise fails to complete the building on time, or to the </B></div> <div> <B>    agreed price. Also an "assurance d'ecennale", which is a ten year guarantee for the building. My architect and myself will</B></div> <div> <B>    also supervise the construction, to ensure quality and delivery on time.</B></div> <bR> <div> <B>    All payments will be made to the Notaire and you would be required, by the terms of the contract, to make stage payments,</B></div> <div> <B>    as follows :-</B></div> <bR> <div> <B>    Deposit 5%</B></div> <bR> <div> <B>    Completion of Foundations 15%</B></div> <bR> <div> <B>    Completion of Superstructure 25%</B></div> <bR> <div> <B>    Final Completion 40%</B></div> <bR> <div> <B>    Handover 15%</B></div> <bR> <bR> <bR> <bR> </td> </tr></table></body>