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CONTRATO DE ARRAS PENITENCIALES En la ciudad de. a.. de. de. REUNIDOS De una parte D. /D. mayor de edad estado civil. SEGUNDO. - El precio de la compra-venta del inmueble se fija en la cantidad de realizar de la siguiente forma La cantidad letra presente documento como la m s fiel y eficaz carta de pago otorgando ambas partes expresamente a dichas cantidades el car cter de Arras Penitenciales conforme al articulo 1. con domicilio en. y D. N*I/NIF* n. Y de otra D. /D. mayor de edad estado...
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Arras penitenciales are financial guarantees or deposits made by one party to another in a contract, typically used in legal agreements or real estate transactions to ensure compliance with the terms.
Generally, the party that is obligated to fulfill a condition in a contract or agreement is required to file arras penitenciales, often the buyer in a real estate transaction.
To fill out arras penitenciales, one must provide relevant details such as the names of the parties involved, the amount of the deposit, the conditions to be fulfilled, and signatures of both parties.
The purpose of arras penitenciales is to serve as a commitment from one party to another, providing financial assurance that the terms of the agreement will be fulfilled, and to potentially compensate for damages in case of non-compliance.
Information that must be reported on arras penitenciales includes the names and identification details of the parties, the amount of the arras, the specific conditions of the agreement, and the date of the agreement.
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