Property purchase
Private sale
Real estate transaction negotiated directly between buyer and seller, without public auction.
Full definition
A private sale is the most common method of property sale in Belgium. The buyer and seller freely negotiate the price and conditions, often through a real estate agent. The process follows classic steps: purchase offer, sales agreement, then notarial deed. Unlike a public sale, the buyer can include conditions precedent and has a period of 4 months between the agreement and the deed. Private sales offer more flexibility and confidentiality but require good knowledge of the local market to negotiate a fair price.
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Real estate transaction negotiated directly between buyer and seller, without public auction.