Paying for land in instalments: what it actually means

What it is

Paying in instalments is a written agreement in which the price is settled in several
payments, over a defined period, after your situation has been studied. You take
possession of the file, the sale is secured by the notary, and you pay according to a
signed schedule.

What it is not

• It is not a loan. No lender, no interest rate, no finance company.
  It is a payment period granted by the seller.
• It is not automatic. The term and the amounts depend on your file:
  your activity, how regular your income is, the deposit available, a guarantor where
  relevant. That study is free and without obligation.
• It is not a spoken promise. Everything is set in writing and signed
  before any reservation: the price, the term, the amount of each instalment, and what
  happens if you fall behind.

How it goes, in order

• You choose a parcel and receive its complete file.
• You give us the details of your situation. We study them and propose an arrangement.
• If you agree, the terms are put in writing and signed.
• You pay according to the schedule. Every payment gets a numbered receipt.
• The notarised deed and the support through to the transfer of the title follow the agreed plan.

The safety rules

• Payments are made only into an account in the company’s name (or an
  MTN MoMo / Orange Money merchant number in the company’s name), never
  into a personal account.
• You keep all your receipts.
• Nothing is reserved until the terms are signed.