Document background
The Conditional Deed of Sale (Compromis de Vente/Verkoopcompromis) is a fundamental document in Belgian property transactions, used when parties agree to transfer real estate subject to specific conditions being met. This document is required by Belgian law as an intermediate step between initial agreement and final notarial deed, providing legal security for both parties while allowing for necessary due diligence and condition fulfillment. It typically includes detailed property information, price agreements, suspensive conditions (such as mortgage approval or building permits), and specific regional requirements. The document must comply with Belgian Civil Code requirements and regional property regulations, making it essential for property transactions in all three Belgian regions (Brussels, Flanders, and Wallonia). Once signed, it creates binding obligations for both parties, subject only to the fulfillment of specified conditions.
