|
As with all property purchases, a local trusted lawyer should first be employed to help with all dealings and make sure the buyer avoids any potential pitfalls during the buying process. Once a property has been decided upon and a price agreed, an Agreement for Sale is drawn up and signed, and a deposit of around 15 to 20 percent is paid. Once the deposit is paid a number of official matters need to be taken care of, though these can be left to the lawyers on both sides and involve titles, caveat searches and the like. Once these have been taken care of, which can take as little as 30 days, the final contract can be signed and all remaining fees can be paid in full. Once the purchase is complete the property must be registered and ownership signed over officially by the applicable government office. Fees for lawyers and notaries vary, and taxes usually come to around five percent of the total property cost.
|
|
