What to look for when buying an apartment?
1-) When buying an apartment, first of all, the nature of the apartment deed should be asked; i.e. is it condominium, floor height, land deed, cooperative circulation? First of all, it should be investigated starting from here.
2-) To ask the deed of the apartment first by taking a photocopy of the deed of the apartment from the title office if there is any reservation on the apartment and, if there is a reservation, can it be removed immediately during or before the sale? These should be asked.
3-) By applying to the Municipal Zoning Directorate where the apartment to be purchased is attached, again with a copy of the title deed, it is necessary to find out whether there is any reservation placed on this real estate or the building in which it is located, and if there is a reservation, it is necessary to ask whether it can be removed or not. Also, do the number shown in the project of the building and the apartment number coincide? Unfortunately, whether it is the build-seller who built the building or the land registry office, he makes mistakes from time to time. For example: In the project of the building located in the municipality, this apartment is number 7, it can be indicated in the deed of title as apartment No. 10. Attention! Fixing is also not such an easy task. He'll keep you busy.
4-) It is necessary to investigate whether there is any debt from the building management to the building management regarding the past of the apartment, as well as whether water, natural gas, electricity and building tax have been paid to the municipality. If any, the debts must be paid to the owner before the sale and go to the sale in a clean and debt-free manner. Otherwise, the new owner is solely responsible for the old debts of the apartment. Again, it is useful to find out from the building management whether the compensation of the building worker, his overtime is paid. For example, if an irresponsible manager does not pay wages to an employee who works overtime or does not keep any records even though he paid, large fines may be imposed on the building upon the complaint of the official, and again the new owner of the apartment is liable for this penalty.
5-) When you go for sale in the deed office, the land registry officers tell you “How much should we show the sale?” or he can ask the municipality for a minimum declared value and say let's not show the sale below those declared values, etc. But Finance is very clear about this and is justified by law. Finance doesn't care about the municipality's declared value or anything. When researching apartments that he finds little or doubts, he looks at the sales prices of the surrounding apartments, etc., and if the amount you declare is small, he charges you along with the interest on arrears if the amount declared by you is less than 10 years. So the essence of the matter; Write it down or print it, if you bought the apartment for how many pounds
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6-) Within 3 months when the title deeds are finished, you must declare that you, as the seller, have sold your apartment and that you, as the buyer, have bought this apartment. Otherwise, the municipality will incur punitive taxes on both of you.
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