What are confirmatory deposits?
In Spain, confirmatory deposit contracts (arras confirmatoria) are legal agreements commonly used in real estate and commercial transactions.
Contrato de arras: everything you need to know about deposit agreements in Spain
In Spain, the "contrato de arras", known in English as a deposit contract or deposit agreement, is a fundamental document and, in most cases, an essential requirement to seal an agreement for the purchase of a property in Spain.