daytona
2015-07-28 19:35:21
- #1
Hello,
can you please explain to a layperson how to best (in their own interest) draft a notarized contract or what the most important points in it are when buying an as yet unregistered partial area of a property.
One of the biggest questions today during a conversation with a bank was that they can only finance if you are registered in the land register. A so-called priority notice of conveyance is not sufficient. After a phone call with a known surveyor, he said that the final registration in the land register can take at least 5 months. However, we would like to start quite quickly.
Then there were terms like power of attorney for encumbrances for the entire area, proof of identity, etc.... I am totally confused.
Thank you
can you please explain to a layperson how to best (in their own interest) draft a notarized contract or what the most important points in it are when buying an as yet unregistered partial area of a property.
One of the biggest questions today during a conversation with a bank was that they can only finance if you are registered in the land register. A so-called priority notice of conveyance is not sufficient. After a phone call with a known surveyor, he said that the final registration in the land register can take at least 5 months. However, we would like to start quite quickly.
Then there were terms like power of attorney for encumbrances for the entire area, proof of identity, etc.... I am totally confused.
Thank you