Are you planning to buy a property? Look out for the following list of areas you should definitely check before you buy.
Are you planning to buy a property? Look out for the following list of areas you should definitely check before you buy.
If you omit some, you could be out of pocket, or worse, you could lose large sums of money. It is therefore always advisable to have the purchase contract and subsequently the escrow agreement drawn up by a professional who will also check the following points.
So what to remember?
Tip: Don’t know how to check that the seller is not insolvent? Read our other articles. We advise you on how to search the insolvency register, what can be found there and what to do if the counterparty is indeed insolvent.
Please note that the real estate acquisition tax has been abolished and the effective date in this respect is 31 March 2020. For more information, see the article Abolition of real estate acquisition tax.
We provide comprehensive legal services related to the purchase or sale of real estate, including reservation agreements and escrow services. We can also assist with land registry and tax matters. We can handle everything within 48 hours, even when purchasing from a developer.
In the contract then:
We will check all these points and will be happy to help you with everything.
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Are you about to take out a mortgage? Then you must not miss our series of articles on Mortgage – Frequently Asked Questions and Answers.
We provide comprehensive legal services related to the purchase or sale of real estate, including reservation agreements and escrow services. We can also assist with land registry and tax matters. We can handle everything within 48 hours, even when purchasing from a developer.