Documents buying and selling Real Estate

Guide to Documents for a Real Estate Purchase and Sale

Real estate purchases and sales involve a number of legal documents that must be prepared and signed by the parties involved.

These documents play a crucial role in defining the terms of the transaction and protecting the interests of buyers and sellers.

Main Documents:

1. Deed of Purchase and Sale: This document, drawn up by the notary public, officially transfers ownership of the property from the current owner to the buyer.

Contains details of the property, sale price, terms and conditions of the transaction.

2. Notarial Deed of Sale: this is the document that is drawn up and signed before the notary once the parties have agreed on the terms of the sale and purchase.

This deed confirms that the sale was made in accordance with the law and that both parties are aware of their rights and obligations.

3. Certificate of Ownership: This document officially certifies who is the registered owner of the property. It is required to prove that the seller has the right to transfer the property.

4. Certificate of Agility and Town Planning Compliance: These documents confirm that the property complies with town planning regulations and can be used as a residence.

5. Mortgage Deed: In the event that the buyer uses a mortgage to purchase the property, a mortgage deed must be signed with the bank or financial institution providing the financing.

Conclusions:

Proper preparation and signing of the necessary documents is critical to a successful real estate purchase and sale. It is advisable to obtain professional legal and notarial advice to ensure that all documents are complete and correct.
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Document Sheet for a Purchase and Sale:

– Deed of Sale
– Notarial Deed of Sale
– Certificate of Ownership
– Certificate of Occupancy and Urban Conformity
– Mortgage Deed