Emetic
2018-02-17 10:55:40
- #1
Hello dear ones,
time and again you read that before buying a property you should request a current land register excerpt to find out whether the seller is actually the owner or whether easements, land charges, etc. are registered.
On the other hand, the contract must be notarized. For the preparation of the purchase contract, the notary already has the current land register excerpt, and as a neutral party, he is also obliged to inform both parties about rights and obligations as well as possible legal consequences.
At the latest on the day of the notarization appointment, you learn everything important about the land register entry.
Should you still obtain a land register excerpt yourself, or can you save money and time and rely on the notary?
In our specific case, it is a plot of land in a new development area that is currently being developed. We are buying it directly from the municipality.
How sensible would it be to commission a separate lawyer to review the contract in this case?
time and again you read that before buying a property you should request a current land register excerpt to find out whether the seller is actually the owner or whether easements, land charges, etc. are registered.
On the other hand, the contract must be notarized. For the preparation of the purchase contract, the notary already has the current land register excerpt, and as a neutral party, he is also obliged to inform both parties about rights and obligations as well as possible legal consequences.
At the latest on the day of the notarization appointment, you learn everything important about the land register entry.
Should you still obtain a land register excerpt yourself, or can you save money and time and rely on the notary?
In our specific case, it is a plot of land in a new development area that is currently being developed. We are buying it directly from the municipality.
How sensible would it be to commission a separate lawyer to review the contract in this case?