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Down-payment; are many contracts made without any down-payments in Poland?


posts: 7

ZebbThreads: 2
Posts: 2
Joined: May 31, 10 ♂ 		 Jun 28, 10, 21:01    #1
I had a discussion with a real-estate agent who declared that many contracts are made without any down-payments in Poland and he also had the opinion that a buyer can change his mind and claim money back for almost any reason. In my opinion he should only be able to get his money back for reasons that are mentioned in the contract. Could someone please tell how is the common procedure? This refers to "second hand" sales of apartments.
David_18Threads: 111
Posts: 1,212
Joined: Jan 4, 07 ♂ 		 Jun 28, 10, 21:05    #2
Ever heard of Consumer protection? or Product recall?
plk123Threads: 30
Posts: 6,412
Joined: Aug 29, 07  Pictures: 2 ♂ 		 Jun 28, 10, 21:45    #3
Zebb:
a buyer can change his mind and claim money back for almost any reason. In my opinion he should only be able to get his money back for reasons that are mentioned in the contract. Could someone please tell how is the common procedure?

yup, SOP unfortunately. good luck
terriThreads: 1
Posts: 385
Joined: May 3, 09 ♀ 		 Jun 28, 10, 22:19    #4
Never put any money down as a down-payment, unless you can aford to lose it.
inkrakow  Jun 29, 10, 02:04    #5
Zebb:
many contracts are made without any down-payments in Poland and he also had the opinion that a buyer can change his mind and claim money back for almost any reason.


This hasn't been my experience in the real estate business at all - you should double check with someone who knows what they're talking about. There is usually a deposit paid by the buyer, which is kept by the seller if the buyer pulls out, and returned twice over if the seller pulls out. The conditions under which there is no penalty are usually clearly stated in the notarial deed.
ZebbThreads: 2
Posts: 2
Joined: May 31, 10 ♂ 		 Jun 29, 10, 10:43    #6
David_18:
Ever heard of Consumer protection? or Product recall?


I do not think consumer protection laws could work between private persons!
ZebbThreads: 2
Posts: 2
Joined: May 31, 10 ♂ 		 Jun 29, 10, 10:58    #7
plk123:
yup, SOP unfortunately.


SOP, for those who donīt know = STANDARD OPERATION PROCEDURE

My Good, how could you enter into a contract if one part are free to leave it by his own choice without any consequences! Is it really the fact?


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