The right of purchase is a contract that gives its holder the power to buy a property in the future. The right of purchase (or pre-contract) does yet bring forth a transfer of property.

The right to require a later conclusion of the sales contract is not considered a real right.

If the real estate property is sold to a third party before the planned conclusion of the sales contract, this party becomes the owner ipso jure. The seller will still be indebted for damages and interests in the pre-contract part of the agreement.

The right of purchase on a later property acquisition is only valid if it is in the form of a notorial act. However, it does not need to be registered at the land register.

Other legal definitions

• Right of emption
• Right of pre-emption
• Right of redemption (repurchase option)
• Donation, Exchange, Estate distribution
• Acquisition of property by operation of law
• Land properties
• Co-ownership share
• Right of land occupancy
• Land register
• Real estate collateral
• Statutory mortgages