In this phase it is very useful and recommended to have a lawyer (to make sure you are not buying a property that has hidden defects or similar problems), as well as an architect who can properly assess the situation of the house in detail.
What are the documents you will need?
- Plain note . This document provides all the details about the property, such Europe Cell Phone Number List as who the previous owners were, its classification (whether it is a residential or commercial property), if it has debts or mortgages, etc.
- The ITE (technical inspection of buildings) , which confirms that the apartment or house is in good structural condition.
- You should also check if the property has any debts in the last years , since once you become an owner you will be responsible for the debts of the last 3 years.
- The public deed .
One of the last steps in the process.
On your first visit to the notary, he will draw up the deed of the property and the agreement with the seller , and attest to it.
This part is crucial for you, as the notary will help you fully understand all the terms of the contract so that you know exactly what you are signing and agreeing with the seller.
Next, you will go to the notary for the official signing of the deed of sale , the last step before the property is totally yours.
Who will attend?
All parties involved in the transaction. We are talking about the buyer, the seller, the representative of the bank that will deliver the check with the purchase money, the real estate agent and the lawyer if there are any, in addition to the notary.
And finally, you will receive the keys to the home , but that will not be the end yet.
10. Register the property
Finally, you will have to register your new house in the Property Registry (which requires the payment of certain corresponding taxes, as we will see later).
Basically, with this process you will be identifying yourself as the new owner, which requires Cryp Email List the payment of the property transfer tax and the tax on documented legal acts to the regional government.
In addition, the ownership of the different public services will be transferred ; such as gas, water and electricity.
Taxes and costs associated with buying and selling a home
What are all the costs and taxes associated with the process of buying and selling the property?
Knowing them in detail is crucial, and you should have a clear answer to know the total amount that you will end up paying effectively (since it could be more than you anticipate).