Deposit in Purchase Agreements Tilburg

In the purchase of a house in Tilburg, the deposit serves as a down payment to guarantee the purchase agreement (art. 7:28 CC). In Tilburg's vibrant housing market, where popular neighborhoods such as the Spoorzone and Oud-Zuid sell quickly, this is standardly 10% of the purchase price. The amount must be deposited with a notary in Tilburg within 14 days after signing, such as at notary offices on Heuvelstraat or in the city center. Purpose: financial coverage in case of dissolution due to financing problems – common among starters in Tilburg due to rising prices – or hidden defects in older properties from the textile history. If the buyer fails to perform, the deposit accrues to the seller, provided there is no default on the buyer's side. The notarial deposit arrangement, mandatory via Tilburg notaries affiliated with the Royal Notarial Professional Organization (KNB), optimally protects both parties. In case of suspensive conditions, such as financing reservation or building survey, you get the amount back in full. Specific to Tilburg: pay attention to local rules regarding energy labels in monumental houses on Krullevaarstraat. Advice: always check the suspensive conditions, have an appraisal carried out by a certified appraiser from the region and consult the Juridisch Loket in Tilburg or the district court at the Oost-Brabant District Court in case of disputes.