What to Check in a Property Purchase Contract

This is exactly what the contract's deadline and rejection provisions are for — without them, you could be left having paid for a property whose ownership hasn't actually transferred, with no clear remedy. See what a land registry entry actually is for why the timing matters so much.

The land registry (katastr nemovitostí) extract for the property is public and shows registered liens, mortgages and easements — always request a current one, not one the seller supplies, since it can be outdated by the time you sign.

Generally not on its own — if it isn't written into the contract, it's very difficult to enforce after signing. Anything you've been promised as part of the sale needs to be listed explicitly.

Typically a notary, bank, or licensed escrow agent, not the seller directly — the contract should name who, and set out exactly what triggers releasing the funds (usually confirmation of the land registry entry).

There's no single standard figure — it depends on the deal size and local practice, but the point is that some penalty clause exists at all, since without one a delay by either side has little practical consequence.

Yes — the seller's agent represents the seller's interests, not yours. Having your own review before signing is how the points above actually get checked, rather than assumed. See how buying property works in the Czech Republic for where this review fits into the wider purchase process.