Why Germany's most expensive reader is so important

3 min.

This article was published on January 25, 2020 and may contain outdated information.
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Because the transaction of a property is a big decision big decision and a lot of money, the law requires a neutral a neutral expert: the notary. At the notary appointment you the sale of your property and at the same time you are protected protected from hasty decisions.

If, after hopefully not too long a search, you have found a buyer for your your house, the first hurdle has been overcome. You have possibly lived in your home for decades and it was important to you to find important to you to find nice people for your "succession". Now the conclusion of the contract. In order for the contract for the sale of your property is legally effective, a notary must notarize the purchase contract. Because a neutral professional should protect against hasty decisions, instruct the parties to the contract and handle all correspondence with the authorities authorities, such as submitting applications. That is why a a real estate purchase contract is only legally completed when the notary has has notarized it. As a rule, the notary also draws up the purchase contract. Service-oriented estate agents also offer to draw up a draft of the purchase contract.

What tasks does the notary have?                 

The notary's duties do not include checking the creditworthiness or reliability of the reliability of the contracting parties. A real estate agent may have already done this for you. However, the notary can ensure that the seller does not suffer any disadvantages if the buyer does not pay. does not pay. He issues a deed, which at the same time forms a at the same time. This enables the seller to enforcement against the buyer. In addition, the seller can withdraw from the purchase contract in such cases.

The notary requires the following documents to ensure a quick and smooth process:

  • Purchase price
  • Date of handover
  • Indication of material defects (if any)
  • Land register extract
  • Personal details

Anyone selling a property privately without an estate agent will generally need more appointments with the notary. With a real estate expert, only one notarization appointment with the notary is necessary. At this appointment, the notary reads out the contract. This is also the last opportunity for changes. As a real estate purchase contract is not easy to understand is not easy to understand, it is advisable to take advantage of the notary's and obtain detailed information. For this no further costs will be charged.

If desired, a preliminary appointment can also be made before the actual notarization date. preliminary appointment can also be held. At this meeting, a preliminary draft of the contract and the components of the contract are discussed with all parties.

You are unsure about the necessary documents that the notary the notary needs or have questions about the notarization process? notarization? We will be happy to help you.

Photo: © djedzura

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