Buying a real estate is a time-consuming process that requires relatively complicated legal acts. A number of necessary documents need to be procured, studied and signed.
Working with our real estate agency will speed up the process considerably and save you a lot of potential problems, nerves and money.
Standard Procedures:
1) BOOKING AGREEMENT (REAL ESTATE PROPERTY RESERVATION AGREEMENT)
If you have already selected a real estate from our offer, it can be booked first by oral agreement. During the time of the oral reservation, a written reservation agreement is prepared, which is sent to you electronically for inspection, reading, inquiries and comments. A written reservation contract provides you with reservation of selected real property until the purchase contract is signed, for us the signature of the reservation contract means that we reserve the real estate solely for you and no longer offer it to other interested parties. To prove your serious interest, you will pay the booking fee in a way that suits you.
2) CONTRACT FOR THE CONCLUSION OF A FUTURE PURCHASE CONTRACT
It’s concluded when both the seller and the buyer are interested in concluding the purchase contract, but for some reasons it is not yet possible (the most common reason is that the buyer arranges a mortgage loan). The contract for the conclusion of the future purchase contract obliges you and the seller to conclude the purchase contract. The binding text of the purchase contract itself is annexed to the contract for the conclusion of the future purchase contract.
3) FINANCING THE PURCHASE OF REAL ESTATE
If you decide to finance the immovable thing through a mortgage loan or a building savings loan, your chosen bank will, in order to secure your loan, demand the establishment of a lien in your favor, either on your purchased property or other immovable property. Our real estate agency will help you secure real estate financing by means of a mortgage loan or a building savings loan so that the handling of this loan is free of worries.
4) PURCHASE CONTRACT
Contract on the basis of which the title to the immovable property in question is transferred from the Seller to the Buyer by registration in the Land Registry.
5) AGREEMENT ON TRANSFER OF COOPERATIVE SHARE IN HOUSING COOPERATIVE
An agreement under which the ownership of a cooperative share in a housing cooperative with which the right to lease to a cooperative flat is transferred for consideration. The transfer of the cooperative share takes place at the moment of the delivery of the transfer agreement to the housing cooperative.
6) CUSTODY OF PURCHASE PRICE
Custody of the purchase price prevents unpleasant situations. The usual procedure is to deposit the purchase price in the custody of an independent third party or institution (custody, notary or bank). The depositor will pay the purchase price to the seller as agreed in the purchase contract, most commonly after the transfer of the real property in the real estate cadastre from the seller to the buyer on the basis of presentation to the custodian of the original property sheet. At the same time, 4% of the purchase price is deducted from the purchase price for the real estate acquisition tax - this amount is paid directly to the relevant tax office. In the case of the transfer of a cooperative share in a housing cooperative, the purchase price is paid to the seller after confirmation of the acquirer's membership in the housing cooperative by the housing cooperative.
7) TAKING OVER REAL ESTATE
Of course, we are also with you to take over the real estate and help you. However, the property is not insured when you take it. If you want to help with the insurance, we are also fully assisting you in this matter.
8) Real estate property rental
If you have decided to rent a purchased property, either for an investment project or only temporarily (due to the age of your children or other reasons), we are ready to provide you with a full rental service and offer your property to our actively inquiring clients.