10. For the purposes of Article 126a(2), point (a), of the CRR, the cash deposit made for a legally …

For the purposes of Article 126a(2), point (a), of the CRR, the cash deposit made for a legally binding pre-sale contract should be considered as substantial where the following ratio is equal to or higher than 10%:

Where:

• - CD: is the cash deposit paid by the purchaser which is subject to forfeiture if the pre-sale contract is terminated;
• - SP: is the sale price as indicated in the pre-sale contract.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.