Glossary 

 

Our glossary defines frequently used mortgage terms. Click on one of the following letters of the alphabet to locate a specific term on this page.

Deposit / Accompte


On signing, the buyer deposits a sum - generally up to 10% of the purchase price - with the notary or the estate agent. The deposit is usually described as a payment on account subsequently deducted from the purchase price, or may be used as a penalty fee if the preliminary sale agreement is broken.



 

BNP Paribas International Buyers is a business line of BNP Paribas Personal Finance.
BNP Paribas Personal Finance - Credit institution – Société Anonyme incorporated under French law with a share capital of 453 225 976 euros - 542 097 902 RCS Paris -
Head office: 1 bd Haussmann, 75009 PARIS Insurance Intermediary (N° ORIAS : 07 023 128) Insurer(s): Cardif Assurances