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Key Money in Property Purchase in Delft: Avoiding Hidden Costs

Learn to avoid hidden key money in property purchases in Delft. Legal requirements, steps for reclamation, and a practical example from Delft.

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In the purchase of a property in Delft, key money is often disguised as 'transfer costs', but this is legally contestable. The law on the sale of movable and immovable property (BW Book 3 and 7) requires that all ancillary costs, including key money, be explicitly stated in the purchase agreement. In Delft, where the housing market is tight due to the proximity of TU Delft and historic buildings, this is more common with older properties featuring original locks.

Reasons for reclamation: If the seller promised to install new locks but failed to do so, or if the amount exceeds the market price (€75 average for standard keys). In Delft, prices are sometimes higher due to specialization in antique fittings. Procedure: Send a registered letter with a demand for repayment within 14 days after transfer. In case of refusal: initiate proceedings at the District Court of The Hague (for Delft) via summons.

Example: A buyer in Delft demanded €180 back after old tenant keys were reused without a new set, despite promises in the Funda advertisement. The judge ruled in favor of the buyer, referring to misleading information and breach of the purchase agreement. Tip: Engage a Delft notary to check the deed for hidden clauses, especially for monumental properties in the city center. This way, you avoid unnecessary expenses in your property transaction in Delft.