EN
A reservation agreement can precede a development agreement or other agreements specified in art. 2 par. 1 pkt. 2, 3, 5, art. 3 or 4 u.o.p.n.DFG. Through the reservation agreement the developer obliges himself to respect the priority of the reserving party to acquire a specified premises or house. However, the reserving party may not seek the conclusion of the contract leading to the acquisition of the reserved object. An optional element of the agreement is a reservation fee paid by the reserving party. The fee amount must not exceed 1% of the reserved object price. In case of the breach of the reservation agreement the developer shall be liable for damage arising from it. The reservation expires upon the leaps of the term specified in the reservation agreement.