The Purchase contract is certified by a Public Notary which includes the area of the Municipal Court in which it has its official headquarters, and in which both buyer and seller go with the Agency.
The difference between registered and non-registered properties is that You are allowed to put the registered ones on the loan or mortgage, while You are not allowed to do that with the non-registered ones. Accordingly, only the registered...
A purchase price payment is performed by money transfer from a Buyer’s to a Seller’s account in accordance with Foreign Exchange Operations Act. The choice of a bank is a matter of agreement between Buyer and Seller. The whole transfer process with...
First of all, an object containing a property should be photographed and mapped and there should be a legally-binding building license and Certificate of Occupancy on the investor’s name who built the object. A verified original Purchase contract is...
Capital gain represents a difference between bought and sold real-estate value and in accordance with law it is 15%. From 6 October 2012, based on the Amendment to Corporate Income Tax Law, all those who continuously had property in their possession...
One must be clarified as a Seller in order to appear in the real-estate purchase case.
A Seller proves his/her ownership according to legally valid documentation, which has to be original, verified by the competence court and containing the Republic...
Once the contract is concluded, a Seller is required to accept the entire purchase price according to the ways and deadlines arranged with a Buyer.
Prior to contract conclusion and the main Purchase contract verification, a Seller is required to...
A Buyer is obliged to pay the whole purchase price in the way and according to the deadlines agreed upon with a Seller.
It is usual for a Buyer to pay 10% of the agreed price as a deposit during the conclusion of a contract. The rest shall be paid...
