One of the most common misconceptions people tend to have when buying a property abroad is a belief that things will follow a similar path as buying a property at home. It is important to understand that buying costs, timescales and even the legal process will be very different in foreign jurisdictions.
In continental Europe and many other countries, for example, they use the Notarial system whereby the Notary will witness the transfer of the title. In some countries contracts are signed earlier in the process, even before any searches have been carried out on the property being purchased. There may also be the expectation for you to sign a reservation contract and pay a reservation deposit prior to signing the full purchase contract and paying the full purchase deposit.
Download the Conveyancing pdf for your country:
Taking independent legal advice at the very early stages of the process, rather than relying upon any lawyers proposed by selling agents or developers, should ensure a safe and relatively enjoyable experience of acquiring your overseas property.
What our customers say ...
We have been long standing clients of Judicare for many years and so they were the natural choice to take on our case. Their tenacity and willingness to take on Santander was admirable and we are delighted to report that this stance will now see the quashing of this €200,000 claim.
Miss. Patricia Georgiou - September 2012