What to do in case of utility of the Condominium

The property you want to buy may have public utility debts or even mortgages, but this will not cause any major disruption. However, in this case, it is preferable for the parties to agree on the sales contract that the seller requests proof of the exact amount of the debts and that the buyer is directly liable to the utility companies, banks, bailiffs, etc. to ensure that this portion of the purchase price is actually used to pay off debts and thus relieve the property. a visit to fixes all the matter s.

Read the contract carefully

When concluding a contract, make sure that the last installment of the purchase price is paid at the time of delivery, and in no case should the full purchase price be paid prior to the delivery of the apartment

The golden rule, but it is better to note that it is included in the contract of sale: the last installment of the purchase price should be paid and transferred only at the time of delivery. It might be a good idea for the buyer to deposit the purchase price with a lawyer, and after viewing the vacant property available for sale in all respects and having received the keys, recorded the handover report, it indicates to the lawyer that everything was okay. You can refer the last installment to the seller.

The role of the declaration of removal before a notary

It is increasingly popular to have the seller unilaterally commit to

Continue reading