Dictionary:

Partial reservation = purchase of this NFT
The property = Tossa del Mar #001
Final price = €1,390,500
The reservant = holder of this NFT
The platform = bitcoinluxury.es
Filter = Compliance/AML/KYC process
The seller = owner of the property

1. The reservant is aware that after the partial reservation, they must undergo a filter with our specialized collaborator.

2. The reservant, through this partial reservation, has the right to continue with the process for the sale of the property.

3. The reservant is aware that they must apply for the NIE at the Spanish embassy in their country of origin and provide the necessary documents to pass the filter of our specialized collaborator.

4. In the case of a positive filter result, the process can continue. In the case of a negative result, the reservant has the right to recover the bitcoins allocated for the partial reservation.

5. The reservant is aware that it will be necessary to open a bank account in Spain for the payment of state taxes. After signing the sales contract before a notary, they have one month to pay the ITP (Transfer Tax) mandatory for the buyer of each sale in Spain. To open this account, they need to provide necessary documents such as (declaration of income origin, NIE, source of funds, activity) in English, translated by an official translator before submitting it to the Spanish bank.

6. The reservant, with the partial reservation, includes: accommodation and chauffeur (maximum 2 weeks), official sworn translation costs from English to Spanish, notary fees, BTC to EUR conversion costs, Golden Visa processing after the process.

7. The reservant does not include with the partial reservation: the final price and tax expenses such as ITP (between 4% and 10% of the final price to be paid in EUR from the reservant's Spanish bank account).

8. The reservant is aware that there are 3 steps:
8.1. Partial reservation, the filter with our specialized collaborator, NIE application at the Spanish embassy in the country of origin.
8.2. Binding earnest money contract where they will have to pay 10% of the final price, deducted from the final price on the day of signing before a notary. (This can be done in person in Spain as long as it takes less than 2 weeks to come; in case of further delay, it is advisable to do it remotely). For the benefit of the reservant, once signed the earnest money contract, if the seller withdraws, the reservant will receive as compensation the return of 10% of the final price plus an additional 10%.
8.3. Signing before a notary paying the remaining 90%, and one month for the payment of state fees through the Spanish bank account.

9. Once the process is complete, the reservant can sell this NFT for any price as a symbol, as the rest of the clauses will expire 3 months after the first reception after its creation.

10. The platform and its owner are exempt from responsibility without prejudice to errors or omissions excluded. The platform is not responsible for the misuse of this NFT. The platform only engages in the sale of NFTs, and all additional services are executed by freelance collaborators or companies.