Performance of the contract
Implementation of a certain number of public rights applicable to the sale
1 - What rights must generally be implemented for a real estate sale? Right of first refusal? Preferential right? Compulsory administrative document or authorisation? Etc.
There are compulsory administrative documents that the notary advises the party to collect in administrative authorities
Who fulfils the formalities for the implementation of these rights?
There is notary
2 - How and at what point does the buyer become the owner of the property?
The buyer becomes owner of property when in consequence of a signed contract and payment arrives the title of property in his favour
3 - At what point is the payment made? By the buyer? To the seller?
Payment is made in the escrow account of the notary
4 - How must I make the payment?
Payment is made in the bank
5 - How can I guarantee that the mortgages taken on the property against the seller will disappear?
If it is there is a fraude
6 - What taxes are usually payable on a real estate sale? Are the rates available on an official website?
There is a tax of 15% of the amount of the difference of the price that the property was bought and the price sold
Yes there are rates in an official website
7 - How and by whom are the taxes calculated?
Taxes are calculated by a sector in the local office of registration of immovable property
8 -When and where is the tax payment due?
The tax is payed in the office of registration of immovable property while presenting the contract in this office
9 - At what point can the new owner take possession of the property (handing over of keys) ?
The new owner can take the possession of the property usually after signing the contract and making the payment
10 - What is the procedure for publication of the sale agreement?
There is no publication of sale agreement