4 ms·
Sounds more like a lawyer or several competencies at the same time. In Spain the notary "just" works through the signature of the contract: - Checks the ide
by tecleandor 3y ago
Sounds more like a lawyer or several competencies at the same time.
In Spain the notary "just" works through the signature of the contract:
- Checks the identities of the parties and their legal status
- Makes "sure" both parties understand the contract
- Verifies that the property can be sold (checks for legal issues in the national registry)
- Serves as a legal witness to the signature
- Sends a copy of the contract to the national registry (but AFAIK, doesn't follow up)
The cost here, for that, is around 500-800€. It's regulated by law.
Then you have to contact a registrar to make all the legal papers to make all the legal papers in the national registry. That's araound 300-400 €, I think.
- codedokode 3y agoAren't most of the checks automated? E.g. you just fill a form in a government services website and get a PDF back?
- PaulDavisThe1st 3y agoIn the US, this can be done by a title & escrow service. They hold the deposit money (assuming there is some, which is normal), and then at closing they will do all of the above, as well as receiving and distributing funds from the buyer/mortgage company.