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What is Pre-Contract for Real Estate Deposit Agreement about?

This document is a preparatory contract for the sale of a lot in a condominium. In the contract, the seller commits to selling and the buyer to purchasing Lot (number) of Block (number) once the subdivision is completed within a maximum period of 30 months. As part of the advance payment, the buyer delivers an amount as a deposit for withdrawal that will be applied to the total price. The contract also establishes the terms for the resolution of disputes and the...

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