Once the legal status of the property has been checked, the lawyer will inform you of the legal status of the property and if everything is correct, the private deposit contract will be prepared immediately. In the signature of the deposit contract, the buyer and the seller agree the price of the property, the expenses of the purchase, deadline to sign the final purchase and also other conditions of the purchase may be added. It is very important that this contract is clear for both parties because this is the basis of the final purchase. Usually, when you sign the deposit contract, you are going to pay the sellers up to 10% of the purchase price.