When the purchase and sale of a property takes place, both parties will generally sign a so-called consignment agreement or a bilateral pre-sale contract. This is a private contract in which the owner and buyer agree to buy and sell a property, and for this a sum of money is given as a sign or a reservation of the house. This money is a guarantee of the commitment made, that is, the buyer`s willingness to acquire the property. The deposit agreement is a private agreement whereby the parties agree to a booking fee for the sale of the property and pay the agreed amount. That is part of the preliminary contracts, because what is contractually agreed is the obligation to sign a private sales contract in the future, as we mentioned in the previous point. In addition, when using the deposit contract, it is taken into account that the contract may be terminated by the termination of the contract or that the seller is legally obliged to return double the amount received. Notes: 1 If a down payment is not repaid because a credit institution is unable to meet its financial obligations, depositors are reimbursed by the Estonian Guarantee Fund. This refund covers a maximum of EUR 100,000 per depositor per credit institution. To determine the level of coverage, all deposits are added to the same credit institution. For example, if a depositor has a savings account of 90,000 euros and a current account of 20,000 euros, he receives only 100,000 euros. In some cases, deposits are greater than EUR 100,000 (if the depositor`s account, at least 6 months before the date of an insured event, has been credited in connection with the sale of a dwelling belonging to the depositor; the amounts the applicant receives for a bequest or legal function; the amounts the applicant receives as a beneficiary of a life insurance benefit or similar benefit that the applicant receives as compensation in cases where the applicant awards the death of another person in connection with official work or obligations or similar benefits; benefits or compensation for damages caused by the perpetrators. For more information, please visit the website: www.tf.ee 2 If you have a joint account with other people, the EUR 100,000 limit applies to each co-owner separately. 3 Payment of insurance benefits.

The Estonian Guarantee Fund (Tagatisfond) is responsible for the deposit guarantee system (Roosikrantsi 2, 10119 Tallinn, Estonia, tel. 372 611 0730 E-mail: tf@tf.ee, website: www.tf.ee). It will refund your deposits (up to EUR 100,000) no later than 7 working days from the date on which the incomplete deposits occurred. If you are not paid any insurance benefits within this time frame, you should contact the Estonian Guarantee Fund. For more information, see www.tf.ee. More important information In principle, all depositors and companies in the retail country are covered by the Estonian Guarantee Fund. Exceptions for certain deposits are listed on the Estonian Guarantee Fund website www.tf.ee. Your credit institution will also inform you, on request, of the coverage or othery of certain products. If the deposits are covered, the credit institution also confirms this on the accounting. Additional information: The buyer accepts that if you cancel the sale, you lose the amount paid as a down payment, but you have no other penalty.



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