GlossaryFinal_inspection

What means Final inspection?

The last inspection usually takes place no more than 24 hours before the appointment by the notary. With such a final inspection you can check whether the business premises are indeed empty and / whether the purchased items (such as floors, etc.) are still present. You can also check whether all contract conditions have been met.

It is also important to check that all functions are working during this inspection. You can then report any defects. If these are not resolved before the transfer, the notary will withhold the money from the seller. If there is a major defect or breach of the purchase contract, the transfer may be delayed.