The stages of buying a property in Italy
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The purchase proposal is the first formal act with which you express the desire to buy a property under certain conditions (price, time, payment methods).
It typically contains:
Preliminary contract (compromise)
Once the proposal has been accepted or an agreement has been reached, we move on to the preliminary sale, often called a "compromise". Here the parties formally undertake to conclude the sale under the agreed conditions.
The preliminary:
Pre-deed checks
Between the preliminary and the deed, many of the technical and legal checks on the property are concentrated. It is the phase in which all the documentation is put under stress to avoid surprises at the time of the act.
During this period, the following are checked:
Notarial deed
The notarial deed is the public deed with which the transfer of ownership is completed. The notary reads and explains the content of the deed, verifies the identity of the parties, the legitimacy to sell, the freedom from constraints of the property and the regularity of payments.
At the time of the deed: