Who monitors the security deposit in the purchase agreement?


Questioner

Once a purchase agreement has been drawn up, the estate agent will forward it to the notary. The deposit or bank guarantee of 10% of the purchase price must be paid to the notary within a specified date. My question is, who should monitor or check the deposit, the real estate agent or the notary?

Lawyer

The notary, because he must receive the security deposit.

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