EXAMPLE PAGE - REAL ESTATE - SAVILLS - Flipbook - Seite 8
SAVILLS
B U Y I N G
G U I D E
-
B E R L I N
B U Y I N G R E A L E S TAT E I N B E R L I N
02_LETTER OF INTENT
01_OFFER TO PURCHASE
If an offer is accepted,
The first step is to
usually a Letter of Intent confirms
make an offer.
the general terms of the agreement.
In most cases the seller
will take the property off
the market.
03_LEGAL AND
06_REGISTRATION
TECHNICAL DUE DILIGENCE
The notary applies for
The purchaser’s lawyer
the registration of the
carries out the advised
purchaser as new owner
due diligence, while the purchaser
in the Land Registry.
ensures that the property survey
is satisfactory.
05_PURCHASE COSTS
04_PURCHASE AGREEMENT
This is a legally binding contract that
The purchaser must pay
formalises the terms and process between
Real Estate Transfer Tax,
purchaser and seller. The purchase
notary fees, Land Registry
agreement must be notarized. In some cases
fees, and real estate agency
the purchaser pays a deposit between 5%
fees.
and 10% of the purchase price into an escrow
account. The remaining purchase price has
to be paid when the condition
precedents are fulfilled.
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