## Registration of Promises in the Land Register
Sale-purchase promises can now be registered in the land register, with pre-partitioning — meaning a separate land register is opened for each residential unit. This provision comes into force 3 months after the law's publication, offering buyers additional legal security through the enforceability of their rights against third parties.
## Reservation
A reservation mechanism is introduced with clear conditions:
- Maximum reservation duration: **60 days**
- Payment of **maximum 5% of the price** — an amount that can be recovered if the promise is not signed due to the developer's fault
## Sale-Purchase Promise: No Percentage Limit
For the promise, there is no maximum percentage limit established by law, although initially the introduction of such a limitation was discussed. The advance payment can even be 100% of the project price, but the developer can only spend it under certain conditions and for specific execution phases.
## Developer's Dedicated Account
The developer is obligated to open a bank account dedicated to the project's construction. The amounts from this account can be used under conditions and percentages established by law:
- **25%** for the structural framework
- **20%** for installations
For the remaining stages and works, the law does not provide clear allocation rules — an aspect that will inevitably generate discussions in practice.
## Sanctions: Limited Effectiveness
Using money from the dedicated account for other purposes or without respecting the conditions is sanctioned with a fine of **1% of the turnover** recorded in the previous year by the developer. For companies established exclusively for the respective project — a frequent model in the market — this sanction has a negligible practical effect.
## Practical Perspectives
The need for regulation in this field was real and recognized. However, the law leaves uncovered a series of essential aspects that will generate discussions and blockages in practical application. Reservation contracts, sale-purchase promises, and clauses regarding the dedicated account will require careful drafting, adapted to the new legislative framework, to effectively protect the interests of both parties.