Follow the free online training on Tuesday April 22nd at 19:30
An anti-speculation clause is a clause in a purchase agreement by which the seller limits the buyer's ability to resell the house quickly for a profit.
What is an anti-speculation clause?
This clause is intended to prevent speculation and houses from being bought as investments and resold quickly. If you buy a house with an anti-speculation clause, as a buyer, the terms of this clause bind you. You may wait to resell the house quickly for a profit. If you do this anyway, you violate the clause, and the seller can recover a penalty from you.
Conditions of an anti-speculation clause
It is, therefore, essential to be well aware of the terms of the anti-speculation clause before you buy a house. For example, consider two years for an anti-speculation clause. So after two years, you can sell the home without penalty. Usually, there are other conditions if the home is sold within this period anyway.
When does an anti-speculation clause occur?
We often see anti-speculation clauses on homes sold by social housing corporations. These are former rental properties that are now offered for sale in the owner-occupied sector. Anti-speculation clauses are also sometimes found in newly built homes.
Walter advisor
Buying a home?
Book your free orientation call with a Walter advisor. We will take you through the process of buying your next home.
Book a call — it's freeContinue reading
The first contractual milestone when you buy a home is signing the preliminary purchase agreement. If it is not signed, there is no legal agreement. Informal verbal contracts between sellers and buyers, therefore, do not hold legally.
Continue reading →
An interest-only mortgage is an attractive option for people looking to finance their homes. Find out what an interest-only mortgage is, its pros and cons, and the best options available.
Continue reading →
The list of items is a comprehensive list of items in and around the house, indicating whether, after the sale, anything will remain in the house, go with the sellers, or can be taken over by you.
Continue reading →
What are you looking for?
We helped 136,884 home buyers
Join 136,884 buyers
Walter Living is registered in The Netherlands with the address Walter Tech, B.V. Singel 542, 1017AZ, Amsterdam. Our Chamber of Commerce number is 73708585 and our tax ID is NL859636033B01.
Service
Would you rather contact us via WhatsApp? Send an app to +31 85 080 6860