
The purchase procedure that follows bellow is not an easy
one to do on your own. We will recommend a reputable lawyer and guide you through
the whole process of buying property in Kefalonia.
We will appoint a reputable lawyer for you and ask him to
search the titles at the Registry of Mortgages and represent you to the Public
Notary where the contract deed will be signed. Your lawyer must carry out his
search at the Registry of Mortgages and ensure that the vendor holds an absolute
title (deed) to the property and that all property taxes burdening the vendor
have been paid. The laweyr's purpose is to fully cover you against any
legal flaw of the property, in order to avoid future problems.
Get
copy of the title
You must secure copies of the title (contract deed)
held by the vendor. This is usually carried out through your lawyer.
Appoint
a public notary
We will also appoint a Public Notary in the presence of whom
the contract deed is to be signed thereby becoming an official transaction
whereby you will acquire the title to the property purchased.
Apply
for a tax registry number
You must apply for and secure a Tax Registry Number
from the Tax office. This is only a form of identification issued to the buyer.
Pay
transfer tax
You must make sure that the transfer tax is paid prior to
signing the contract with the aid of your lawyer. The tax is paid by the purchaser
and is calculated on the objective value of the property which can be found
in the official tables set by the tax office.
Sign
the contract at the public notary's office
For property to be officially bought/sold a contract must
be signed at a Public Notary's office. The Notary is a state official in the
presence of whom the contract deed is read and signed by both vendor and purchaser.
He is there to draft the contract deed, make sure that both vendor and you
understand it and verify and register in the public records the transaction
which takes place in his presence.
Effect
transfer at registry of mortgages
The contract deed must be transferred on your name
at the Registry of Mortgages and the relevant official certificates secured.
Your lawyer usually carries this out.
If the property has already been registered under the National
Land Registry you must submit a copy of the contract deed together
with the transfer certificate from the Registry of Mortgages so that the said
property is properly registered on your name.
Our duty is to ensure that the
procedure for signing the contract deed is properly followed and that you acquire
a sound title to your property. We will translate and explain the purpose of
any documents you will need to sign.
This is something we have done before for other
people so,
let us take the strain and give you peace of mind.