The assessment also makes it possible to estimate the value declared in the documents used for registration, in order to determine the value indicated in the instruments to determine whether it is increased or not. It is therefore the responsibility of the buyer to request the valuation of the land with the valuation form duly completed by the seller. The Landesamt uses these documents to raise the stamp duty payable. Buyers should be aware that payment of country instalments is a legitimate requirement of landowners, and the seller should clarify all pendulum slices on the land before closing the transaction. And a seller should provide a security certificate for the country before it is transferred to the buyer. The buyer is required to pay stamp duty, a tax levied on land transactions for registration and transfer purposes. It is essential to know that the registration of the transfer with the Land Office can only be carried out when the stamp duty has been clarified with a receipt of proof of stamp duty. This sales contract is drawn up when a seller and a buyer agree on the terms of the offer. It is the seller`s lawyer who designs the agreement and is at the disposal of the buyer`s lawyer for consultation and authorization.
It is important that the buyer fully understands the terms of the contract. The buyer`s lawyer must clearly clarify all the clauses of the sales contract and their effects. A sales contract represents the conditions of the sale of a property by the seller to the buyer. Checking the property size before executing the transaction is very important. Ask a registered professional surveyor to make a topographic measurement of the country and confirm the size and shape indicated on the title. The surveyor will also identify land boundaries and mark stones. And he`s going to give you an investigation report on that. The seller`s lawyer arranges transmission documents executed by both parties. These documents are drawn up only after the agreement given by the Land Commissioner for the transfer.
As soon as the interested buyer is satisfied with the search results presented by his land registry lawyer, he meets with the owner for price interviews. You must meet with the actual owner of the property if they are nearby or a person in charge of the sale of the property. Any person who is not the owner must have the power of attorney that authorizes him to carry out such a transaction on his behalf. It is important to keep in mind that your rights as a buyer of real estate are only protected by the application of the right legal procedures.. . . .