Purposes

In a real property market with few regulations , purchasers don't feel enough guaranteed and they are afraid to loose all their savings. This situation can be an obstacle for the transactions and interchanges that are necessary to adapt homes to personal needs, holding the market back.

Characteristics

The guarantee:

• Ensures repayment of deposit (maximum insurable € 100.000,00) in case the final contract is not completed according  to the agreed terms for a fact due to the seller.
• Provides also protection of purchaser ‘s interests (doubling of deposit, further damages etc.);

All that above in order to enable the purchaser to succeed  equally and in a short time his objective: the purchase of the house..

How the guarantee works

In case the drawing – up of the notary’s deed is not done within the agreed terms for a cause due to the seller , the purchaser will be able to bring a default action against the seller for arrears . The reimbursement will be done by the insurance company within 30 days from the purchaser request that must be submitted within 60 days from the date fixed for the notary’s deed.
If necessary , the term of the guarantee can be extended : parties have just to ask for it.

At the moment of the payment of the compensation , the failed purchaser can delegate the Company to act also on his behalf : to take only one legal action without anticipation of expenses that will be shared out at the end in proportion to the sums respectively got back

Release of guarantees.

Nessi Real Estate, before presenting the proposal of purchase to the seller for the acceptance , forwards the name and fiscal code of the same seller to the Society managing the guarantee service  and it will be informed if  the guarantee can be granted or not. (consider that a negative reply means a situation that must be considered with careful caution ).
 
After acceptance of the proposal , the agency forward further details (personal data and C.F.of the purchasers, amount , deposit  etc..) and request the issue of the  del "Certificato di Assicurazione" ( Insurance Certificate ) to give to the purchaser .
An essential  characteristic of this service is its speed: all the communications are sent by e-mail or fax. In case it is not possible  by e-mail , the Original Certificate will be send by priority -mail .