Looking for Selling a house in Italy - Find the Best Buyer


Posted December 3, 2019 by Ainsleyaiken

Selling a house in Italy is a complex task that has some legal clauses which require serious attention. The Italian legal process might expose you to some potential risks.

 
Selling a house in Italy is a complex task that has some legal clauses which require serious attention. The Italian legal process might expose you to some potential risks, so it is always advisable to take help from a legal advisor who will make you aware of all the risks that are involved.

There are main three stages of selling an Italian property:

• Exposing/Displaying the property in the market.
• Negotiation, confirmation, and signatures on the legal contract.
• Completion of the sale.

The property that you want to sell can be explored directly to the market or by the help of a real estate agent.

Procedure for selling property in Italy

When the selection of your property by a potential buyer is done, it is mandatory for him to sign the first legally binding document that is termed as a “Reservation offer”. After the signatures, the property is not more available for sale and should be signed by both buyer and vendor. After that, the buyer will do all the necessary investigations or researches related to the property with the help of his legal advisor. All these planning searches, carrying out surveys are done in order to gain assurance about the property and eliminates the chance of getting ditched by the vendor.

The next stage is the negotiation and the signing of the preliminary contract. The seller has to ensure that all the statements provided by him are absolutely correct to the best of his/her knowledge; no false statements are there and all the inquiries raised by the buyer are all correct. After all this process, a deposit is paid by the buyer. After the completion of the process, the seller is required to submit a certificate of habitability, which is in respect of the relevant health and safety. This certificate is mandatory and the procedure will not proceed further without the transactions and the certificate. It should be noted that the subject matter of the sale is a villa or land with some farming rights. All the legal documentation work should be done very carefully in order to avoid any disappointment.

The third and final stage is the completion of the sale that takes place in the offices of a local notary. Italian Notaries are the legal officials that are entrusted by the system to transfer the legal title of Italian property. Before the completion, the vendor should produce all his important certificates to the buyer.

If you are looking for selling property in Italy, it is important to contact a professional team. Stornelli Law is one of the legal companies that will help you with selling a house in Italy. For more details, contact our professionals now and they will help you with all your confusions and queries.
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Issued By Studio Legale Stornelli
Country Italy
Categories Law , Legal , Real Estate
Tags selling a house in italy , selling property in italy
Last Updated December 3, 2019