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[ Buying
Process Home ][Exchange of contracts]
[Completion] [Power
of attorney] [Formalities] [Taxes]
The property sale process
is finalised before a Notary, with the buyer and seller signing the
Deed of Sale. The Notary is a public official. His or her duty
consists in identifying the buyer and the seller, and ensuring that
all legal requirements have been met, and that the amount due to be
paid has been settled.
If you are unable to be present in the finalising of the deeds, we
take care of it by means of a power of attorney, which means we can
carry out all necessary procedures in your name. In fact, and for our
client’s peace of mind, it is common practice at our company to have a
valid power of attorney at the beginning of all buying and/or selling
operations.
TAKING POSSESSION AND
HANDING OVER OF KEYS
Immediately after the deeds have been signed, the buyer is handed the
property keys, and can take possession of the property.
FINAL TITLE DEEDS AND PROPERTY REGISTRATION
The property registration procedure entails the payment of all the
taxes applicable to the property and the obtention of the final
register stamp for the Title Deeds, which guarantees the transfer of
the property. This procedure is an important step, and takes place
just after you have taken possession of your property.
UTILITIES
Immediately after the sale has been finalised, we take care of
ensuring all the property’s utility contracts (electricity, water,
rubbish collection, etc.) are under your name. We will also arrange
all your bills to be paid by direct debit to your account.
COLLECTING DOCUMENTS
Once the Property Register has returned the Title Deeds, we will
arrange the best time for you to collect it from our offices, together
with the rest of documents you must keep. |