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Wet Koop onroerende zaken; de evaluatie - WODC

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MOLENGRAAFF INSTITUTE FOR PRIVATE LAW<br />

- uncertainty with regard to the question for which party the notary holds the money on <strong>de</strong>posit<br />

(which is relevant to the interest and in the case of the bankruptcy of the constructor).<br />

5.3 Recommendation<br />

The 5% rule offers a good basis for the protection of the non-professional client. The application of the<br />

rule in practice has <strong>de</strong>monstrated various ina<strong>de</strong>quacies. The research team advises that the application of<br />

the 5% rule should be thoroughly reviewed and optimised.<br />

6 The position of the notary<br />

6.1 General findings<br />

In response to the question whether there is a reason or a necessity to have an obligatory intervention by a<br />

notary at the moment of the conclusion of the contract, it can be conclu<strong>de</strong>d that there is at least a reason<br />

to opt for this. Firstly, concerning legal impartiality and in<strong>de</strong>pen<strong>de</strong>nce. Secondly, concerning the specific<br />

legal knowledge that is required in sales agreements. And lastly, concerning the fact that the notary is in<br />

any event involved in the registration of the <strong>de</strong>livery of the property. His involvement at the moment of<br />

concluding the contract means that the investigation carried out at the moment of <strong>de</strong>livery can take place<br />

at an earlier stage. Anything that arises from this investigation can then be inclu<strong>de</strong>d in the contract. The<br />

notary can advise the parties on how to draw up their agreement, thereby preventing the need for ‘rectifications’<br />

at the moment of <strong>de</strong>livery.<br />

6.2 Practical experiences<br />

Experiences with the Amsterdam mo<strong>de</strong>l, where the notary is involved at the moment when the contract is<br />

conclu<strong>de</strong>d, are positive as is shown by the results of the questionnaires. Policy makers have also spoken in<br />

positive terms concerning the Amsterdam mo<strong>de</strong>l. Respon<strong>de</strong>nts report that the involvement of the notary<br />

at the moment of concluding the contract prevents important matters from being overlooked and incomplete<br />

and incorrect information from being inclu<strong>de</strong>d in the contract. Also mentioned are the in<strong>de</strong>pen<strong>de</strong>nt<br />

position of the notary and the use of his expertise at a stage where this is still of use, that is, at the time<br />

when the parties <strong>de</strong>termine their mutual obligations. The involvement of the notary also entails that the<br />

whole process of the conclusion of the contract takes longer. It takes more communication and more parties<br />

must be brought together.<br />

The two-way option, allowing for a choice between the cooling-off period or intervention by a notary,<br />

does not seem to meet with much approval, and does not appear to be a viable option.<br />

6.3 Findings with regard to the tariffs<br />

Based on the questionnaires and a number of requests for quotations, no unambiguous conclusions can<br />

be drawn with regard to the question whether tariffs will increase. Within Amsterdam a practice has<br />

evolved in which an increase in the tariffs will not be likely. Outsi<strong>de</strong> Amsterdam this is different. Tariffs<br />

have <strong>de</strong>creased since their release in 1999. It is unlikely that the granting of extra work for notaries will<br />

take place without an increase in the tariffs. However, in light of the <strong>de</strong>crease in tariffs over the last few<br />

years, and the extra safeguards that are granted by the notary, it is questionable whether this can be seen as<br />

a problem.<br />

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