Retire Overseas Conference Orlando 27th / 30th of August

Conference Live and Invest Overseas – 
Orlando 27th / 30th of August 2017

This year ARP will participate to the annual conference of Live and Invest Overseas in Orlando, Florida. More info.

Habitable country house with land and olive grove, Molise.

Country house of 190 sqm, surrounded by 1 hectare of olive grove. Poggio Sannita, Molise, Italy.

Country house of 190 sqm, surrounded by 1 hectare of olive grove. Poggio Sannita. 70.000 €. View Property.

Restored 200 year old stone 132 sqm villa close to Palmoli, Italy.

Restored 200 year old stone 132 sqm villa surrounded by one hectare of land close to Palmoli, Abruzzo.

Beautiful restored old stone villa with one hectare of land, four bedrooms and four bathrooms. 185.000 €. View Property.

Beautiful villa with sea view. Montenero di Bisaccia. Molise.

Beautiful villa with breath-taking view of the Adriatic sea, Majella mountain and rolling hills. Molise, Italy.

Beautiful villa. 370 sqm of habitable space surrounded by 1.500 sqm garden. 350.000 €. View Property.

Life in Abruzzo. Events and Traditions.

This blog promotes life style in Abruzzo and Molise regions. Events, festivals, traditions and many others interesting, funny and useful tips about Abruzzo and Molise.

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Caparra confirmatoria and Caparra penitenziale. What the difference?

Posted by on in Taxes in Italy
Deposit to buy a house in Italy

DOWNPAYMENTS

Do you know what caparra means? Caparra means a deposit, a down payment.
But, did you know that there are two different kinds of Caparra?
Caparra confirmatoria and Caparra penitenziale, it is important to know that there are substantial differences amongst the two.

Caparra confirmatoria and Caparra penitenziale.
What the difference?


CAPARRA CONFIRMATORIA
- In case of default in completing on the agreed terms, the purchaser will automatically lose the whole of the deposit paid.
- Conversely, if the vendor is to blame, he will be under a binding legal duty to pay to the buyer twice over, the sum originally received as a deposit.
- In addition further sums may be payable, if it is proved that the damages actually exceed the amount of the deposit.

CAPARRA PENITENZIALE
- Subject to the actual wording of the contract, it will enable either or both parties to the contract to withdraw from the transaction.
- By allowing the vendor to keep the deposit paid, in the case of the buyer withdrawing.
- Or compelling the vendor to return the deposit received, where the vendor wishes to terminate the contract.

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