The parties may agree to staged payment. Clearly specify the total price, instalments, currency arrangements and when ownership is registered. Risks differ depending on whether ownership transfers before payment or only after final settlement.
Practical example
If ownership transfers now, the seller needs protection for the unpaid balance. If registration is delayed, protecting the buyer’s payments becomes particularly important.
What to check
Prepare a schedule with dates and amounts, and define late-payment consequences, notices and repayment accounting. Separately check whether a mortgage or other security is permitted; not every agreed mechanism is legally available.
Source and consultation
Civil Code of Georgia, Articles 183, 477: https://matsne.gov.ge/ka/document/view/31702 — checked on 28.10.2026.
YURFIRMA can review transaction documents and prepare terms. The appropriate solution depends on the agreement and evidence. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.