Selling a house is not a simple process as the legislation that regulates this type of transaction is complex and bureaucratic and there are notary and tax obligations to be fulfilled. Essentially there are the registration costs of the sale and the taxes to be paid. If the house is purchased using credit, there will be additional costs.
The Energy Certificate is mandatory
Firstly, to promote the sale of a property (eg to advertise on a website) it is essential that you have an Energy Certificate (CE), on the other hand, the CE will have to be included in the signature of the Purchase and Sale Contract of the property. . This document is now mandatory for all properties that are not exempt and whose construction year is after 1951. There are fines that can vary between €250 and €3,740 for the owner or broker who violates this legal obligation.
The CE can only be issued by a duly accredited technician and has a cost that varies depending on the area and characteristics of the property (whether it is intended for housing, commerce or services, etc.). The CE implies the payment of registration and certificate issuance fees (between €28 and €950), plus the fees of the expert responsible for issuing the CE. Depending on these variables, the total cost can vary from €200 to more than €5,000. If there is already an Energy Certificate, it can be used as long as it has not exceeded its validity period (10 years) and the corrective measures mentioned therein have already been implemented, guaranteeing a minimum certification of "B-".
Deed and records associated with the sale of the house
The deeds can be carried out through the Casa Pronta service, at Notary Public Offices or at the Land Registry Offices .In these last two options the costs are variable, in the Casa Pronta service , available in a set of public one-stop shops, you can handle all the formalities associated with the purchase and sale of a house, with the advantage of lower costs and everything being done in same counter.
Why not turn to a real estate agency?
You have already realized that selling a home is not an elementary process, nor is it risk-free. Why not enlist the help of a real estate agency? An experienced and proven real estate agent will be able to help you in all these steps, validating and organizing all the documentation, requesting what is missing through its team of lawyers and specialized professionals, but above all, taking away your headaches. and ensuring that the entire sales process runs smoothly. And if they do arise, they can be promptly resolved.
Is there a cost to pay? Yup. Usually, real estate companies charge, only to the owner of the property, a commission for the services provided of around 5% of the sale value of the property. Considering that studies point to an average sale value of properties of about 6% higher than the scenario and that the owner promotes the sale alone, it's not a bad deal, is it? Why wait, contact me now and you'll see that you don't regret it!
What documents are required for the deed?
The Deed of Purchase and Sale is the moment so longed for by the seller owner and the buyer. It is essential to ensure that all necessary documentation will be available on the day of the deed, as well as for:
a) Buyer - Documents required for the Deed
- Citizen card of loan holders (they will have to appear physically or be represented through a proxy).
- Proof of payment of IMT and Stamp Duty ;
- Bank check for payment of the acquisition of the property;
- If there have already been payments as a down payment, it will be necessary to take to the notary / "ready house" the information on how these payments were made. If it was by check the number of the same, if it was by bank transfer the IBAN of the origin and destination accounts.
- If the buyer has to take out a home loan:
- Credit approval letter
- FINE
- FINE Additional Information
- Multi-risk insurance
- Credit Proposal
b) Seller - Documents required for the Deed
- Card ofcitizen (they will have to appear physically or be represented through a proxy);
- Confirmation of the seller's marital status, if different from what is recorded in the Land Certificate, must be accompanied by birth and marriage records;
- Energy Efficiency Certificate ;
- Use License or document that exempts it;
- Housing Technical File (FTH) - or a document issued by the City Council proving the non-existence of the table, if it is not possible to obtain it;
- Certificate of Land Registry of the property, valid and with access code;
- Updated building book ;
- Document issued by the Bank proving the Distrate of the previous Mortgage , if any;
- Identification of the MediationReal estate, if applicable;