In the modern world, the vast majority of transactions occur with the participation of realtors. For a professional, the client’s desire to meet with the seller will not be a surprise. The purpose of the meeting is to discuss the final terms of the transaction and familiarization with the original documents. A visit to https://findahomeincharlottesvilleva.com/ makes things perfect now.
Carefully Study the Title Documents at a Meeting
- Who and how many people own property are there children and elderly people among them,
- Whether the owner of the apartment was married at the time of its acquisition. If so, the spouse’s notarized consent to the sale of the apartment is required,
- Does the layout and area in the documents coincide with what is actually? If the data is different, then a prospect of the legalization process arises.
When buying a home, the importance of matching documents to the actual state of things increases significantly. If the documents indicate the building area that does not correspond to the actual one, the house falls under the provisions of the Civil Code and is an unauthorized building. The purchase of such a house will lead, at best, to a positive trial, and at worst to the subsequent demolition of the house.
Is the statement about the absence of prohibitions and arrests on the acquired housing relevant? Although there is no deadline set by law, the date should be as close as possible to the day of the meeting.
Do Not Give the Seller Large Advances and Deposits
To show the seriousness of intent, an advance of up to 1% of the value of the object is enough. If the seller requires a larger deposit, and his apartment is the most desirable option, leave the amount, the loss of which will be relatively painless. Transfer all significant amounts only after the conclusion of the main transaction.
When Transferring Cash, Be Sure To Require a Receipt
The receipt must be issued by the recipient of the money and signed by him, necessarily in the presence of the buyer. Be sure to take a receipt when transferring money and signing an agreement and other documents between the buyer and seller. This rule must be adhered to in any life situation when transferring funds to someone.
Make A Deal
In accordance with country law, transactions on the alienation of shares in the common ownership right to real estate, including when all participants in the shared ownership alienate their shares in one transaction, are subject to notarization. This means that if there are several owners and sellers of one real estate, the contract of sale must be signed by the parties and certified by a notary. The notary at the time of the transaction checks the absence of prohibitions and arrests. This provides a guarantee that the buyer will not be deceived by the seller.
If the owner of the property is one, the transaction is optionally also certified by a notary with all the ensuing guarantees mentioned above. The transaction certificate by a notary is always paid. The maximum cost of the certificate is about 30 thousand dollars. The buyer independently checks the absence of prohibitions of arrests and ascertains the seller’s legal capacity if he is too old or there are other reasons to believe that he does not understand the significance of his actions. In order to avoid risks, the transaction is certified by a notary.