Selling property in Italy – Reservation offer and binding agreement
Selling property in Italy: If you inherited or own a property in Italy and are going to sell it, you might want to better understand what obligations derive from the purchase offer and when an agreement can be considered reached between the parties. What form should the proposal and its acceptance take? Is a verbal proposal valid? At what point is the Real Estate Agent’s commission due? These and other useful questions are answered in this article regarding the regulation of reservation offers in the Italian real estate market.