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2017 - July - Partners - Newsletter

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www.wireinternationalrealty.com<br />

JULY <strong>2017</strong><br />

Step 4: The loan offer<br />

Whether the purchaser uses a loan or not, the deed of sale must<br />

mention an indication of the financing.<br />

When the deed indicates that the price is paid by means of a home loan<br />

(governed by the provisions of the Consumer Code on real estate loans -<br />

for example, an individual who makes a loan to purchase his principal<br />

residence), it must contain a legal suspensive condition for obtaining the<br />

mortgage loan (s). It is a legal provision.<br />

Step 5: the deed of sale<br />

The seller gives them the keys in return for the full payement of the sale<br />

price to the notary.<br />

Step 6: the discount of the sale price<br />

The discount of the sale price to the seller implies the payment of the<br />

price by the buyer. The notary explains the seller that he must repay the<br />

current property loan on the apartment. The notary then gives the<br />

seller and the purchasers a certificate of sale. He also informs the<br />

couple that they will receive their title to the property and the definitive<br />

statement of the expense related to the sale.<br />

Source: Notary Katia Rana<br />

WIRE CONSULTING<br />

via Pescheria Vecchia, 1 – 30174 Venezia Mestre<br />

T. +39 (0)41 2750993 |E. info@wireconsulting.it | www.wireconsulting.com | www.wireinternationalrealty.com<br />

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