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Bodeybob Wj 445503688Deposit Agreement (Advance payment)
Batumi «22 «09» 2023
On the one hand, Citizen of Georgia Teona Dumbadze, Personal number
860001118359 (hereinafter referred to as the owner, seller guarantor and recipient of
the advance payment) and the second one is an, Citizen of Israel Michael Ben Lulu
Passport number N'32203309; personal number N‘0-3819292-8 (hereinafter referred to
as the advance and "Buyer") and also Ajaratreveli LLC (I/C 445 503 688) represented by
its director Giorgi Bolkvadze, personal number N61008012812, living in Georgia, City of
Batumi, Leonidze Street N72, Apartment N13, we act within the framework of which
authority we agreed on the following:
Citizen of Israel Michael Ben Lulu passport number: 'N32203309; personal number
N0-3819292-8 (hereinafter referred to as the advance and "Buyer") Citizen of Georgia
‘Teona Dumbadze’s, Personal number N'60001118359 (hereinafter referred to as the
owner, seller guarantor and recipient of the advance payment) It will be transfers
advance to the bank account number the amount of 1000 (one thousand ) to US dollars,
which is a part of the total cost for the purchase of the apartment. The said payment
amount will be credited to the seller's from the buyer's bank account to any personal
bank account opened in the name of the seller in Georgia Bank Of TBC (Account number:
GE50TB7334245 164300003; Receiving bank: JSC TBC Bank, Receiving bank SWIFT CODE:
T8CBGEZ2), after which the contract will automatically enter into force. If the money is not
transferred from the Buyer bank account to the bank account of the seller's from the
moment of signing the agreement until September 27 (twenty seven) 2023 year, then the
said agreement will not enter into force and is considered invalid. The total cost of the
residential hotel /apartment is 75,000 (seventy-five thousand) US dollars, and on the day
of the purchase and settlement of the real estate, 74,000 (seventy four thousand) US
dollars will be transferred to the seller. , hotel/apartment N27.09, area 31.10 (Thirty-
one whole one-tenths) sq.m. Cadastral code: 05.24.05,129.01.07.2709.
The parties also agree that if the Citizen of Israel Michael Ben Lulu changes his mind
about the purchase of the real estate provided for in the contract, in this case he will not
be refunded the amount paid. Also, the citizen of Georgia, Teona Dumbadze, undertakes
that in the event of her voluntary refusal to sell or the violation of the terms stipulated in
the contract for any other reason, he will hand over to Itzahak Peled the double amount
of the stolen property, which in total amounts to 2000 (two thousand) US dollars, Of
which 1,000 (one thousand) dollars is the liquidated damages paid by the buyer, and
1,000 (one thousand) dollars is the liquidated damages for breach of contract by the
owner) and otherwise, Michael Ben Lulu has the right to appeal to the court with the
right to seize the immovable or movable property owned by Teona Dumbadze.
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Sodgegbol W/3 4455086588N
The parties also agree with the document that the deadline for the purchase of a
residential apartment will be determined no later than October 06 (six) 2023 year.
Violation of these deadlines by either party will be considered as non-performance of the
contract and in this case the condition of loss of a fine or double the amount of
compensation will be enforced.
Also, Ajartreveli Ltd, in turn, undertakes to ensure the completion of the transaction,
taking into account all legal procedures in accordance with the current legislation of
Georgia.
‘The grounds for termination of the contract may be:
1) Existence of seizure, tax lien or mortgage on the dwelling;
2) Real estate litigation;
3) Enforcement document;
4) Voluntary renunciation by the owner;
5) Non-compliance with the terms of the contract by the seller;
6) Non-compliance with the terms of the contract by the buyer.
The agreement is made in Georgian and English languages, in three identical copies
with equal legal force and delivered to each party.
Amendments to the contract may be made only with the written consent of the parties;
The agreement is signed by "Ajaratrevel” LLC;
Relationships not regulated by this Agreement shalll be settled in accordance with
applicable law;
Receipt of the amount is confirmed by a subsequent signature.
Recipient and guarantor of mony: Buyer:
‘Teona Dumbadze Michael Ben Lulu
Personal Number: N60001118359 Personal Number N:0-3819292-8
Passport Number NIN32203309
Signature: 7. oped, Signature:
LLC AJARATRAVEL
I/C 445 503 688
Giorgi Bokivadze
Signature:
8tngo Jokgbe bsagho> door 2630
00 Bor, 2. arpatoeeodNI36I58 Spo gee
(oe 995574 01 0000 eg Sr
EMAIL INFO@IREA CE inlay eleeretth aelntinge
Bodggbol iy 445503688