In case you do not know the figure of the "Estate Agent", here we give you a piece of advice in order to establish a fair and transparent relationship with your estate agent and to avoid unpleasant surprises.
SELLER | BUYER | ||
---|---|---|---|
1 | the seller entrusts a tusk of mediation for the sale to an estate agent who must have had the abilitation from the Chamber of Commerce (ask the agent to show you the card proving his registration with "Ruolo Mediatori") | 2 | the buyer asks the agent to show him all the documentation about the estate, and to show him the estate itself |
3 | once the buyer has analyzed all the documentation about the estate, he can sign the document in which he entrusts the agent with the task of mediation for the purchase, and, at the same time, he signs a purchase proposal addressed to the seller (owner of the estate); the purchase proposal has to be accompanied by a deposit, a cheque addressed and sent to the seller; the estate agent takes care of the sending to the seller | ||
4 | the seller receives the purchase proposal through the estate agent, he evaluates the proposal and he signs it in case he accepts it; at this point the proposal becomes a "preliminary contract" | 5 | the buyer is informed by the estate agent about the acceptance by the seller |
6 | the two parties meet either in the estate agency or at the notary's office in order to sign an additional "preliminary contract" in which they specify the terms of the deal; at the same time, they pay the estate agent for his mediation task | ||
7 | in case the buyer needs a loan to buy the estate, the estate agent gives him advice in order to choose the most suitable bank; the buyer signs a "loan request" to the bank he chose, and he makes agreements about the loan terms | ||
8 | the buyer, in consultation with the estate agent, chooses the notary whom he wants to make the deal with; they decide the date in which the notary deed will be made along with the signing of the loan if applicable | ||
9 | the two parties meet at the notary's office in order to sign the final notary deed that sizes the passage of property from the seller to the buyer; the entire procedure has to take place before the notary chosen by the buyer | ||
10 | the seller pays the INVIM tax to the notary if applicable (according to the Italian law, the INVIM tax does not apply to the buildings bought after December 31, 1992) | 11 | the buyer pays the notary for his task, and all the taxes due by law |