An advance payment creates risk if registration or handover is postponed. Define the payment’s purpose, deadlines, registration conditions and refund grounds. Do not use “advance,” “earnest money” and “deposit” interchangeably.
Practical example
A buyer pays to release a mortgage. Transferring funds to the seller does not secure that outcome without an agreed payment route to the bank and release procedure.
What to check
Obtain a current extract and document payment. Consider staged payments or a suitable deposit arrangement. Specify what happens if registration is refused, the seller changes their mind or a deadline is breached.
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.