Oliver Hundt May 15, 2017 at 10:48 am

As a general rule: the buyer, as the real estate transfer tax paid notary and land registry costs. But Caution: Should the buyer be temporarily insolvent, the seller for the cost must be straight. This new buildings already development costs incurred, usually pays the seller, later bills must be paid by the buyer. Payment date: Of course the seller would know when the money goes to them. And whether payments are to be arranged or the business is better handled via an account of the notary, is also important. Brokers are tricky questions of money with help and advice. In this context, the real estate portal PlanetHome refers to a further stumbling block: buyers should ensure that before the date of the transfer, the new owner in the land registry is bookmarked, the old charges are dropped and the municipality waived their right of first refusal related to that.

The selling arrangements are negotiated, the contract must be worked out. The notary concerned this usually of the change of ownership then with his signature testified. The notary declared the Treaty parties and accepts change requests. Both parties to the contract agree, he can be signed. Entry in the land register: the entry in the land register is carried out after the signing of the contract. The notary care of that also. It is important for the seller that he only gets the money if the buyer as the new owner in the land registry is registered. It can take some time.

The land registry will send the current amended land registry excerpts, the notary forwards the money to the account of the seller. Moving-in date: The day of the check is important for both sides, because this day is the beneficial owner of the property buyer. That is, benefits, burdens and risks are transferred to the buyer. The previous owner to this appointment not moved out, the buyer may claim compensation. Oliver Hundt

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