When am I a buyer?
A purchase isn’t final until agreement is reached on the price, the acceptance and possible dissolving terms and conditions. The law demands a so called written agreement. In other words: a purchase deed has to made, (in Amsterdam) mostly by a notary. The purchase deed has to include all things both parties agreed on orally. Furthermore a number of other agreements will be noted. For example the penalty clause. Such additional agreements only apply once the purchase deed is signed by both parties and the three days consideration time are over. Dissolving terms and conditions are very important. This is also a subject that both parties have to agree on during negotiations. A buyer has to handle this with care and has to act appropriately (according to the situation).