Whether any claim has been made under the Municipalities Preferential Rights Act.Whether all permissions and cooperation have been obtained from third parties and whether they are valid.Whether the buyer or the seller have been placed under guardianship.Whether the buyer and the seller have been declared bankrupt (or become insolvent).The marital status of the seller and the buyer (if applicable).Whether the extracts from the Chamber of Commerce Records are still correct (both for the buyer and the seller).Whether any new mortgages or enforcement have been established/levied on the property. Whether the seller is still registered with the Land Registry as the owner of the property.negotiate and sign the sale and purchase agreement executing the notarial transfer deed and registration of the deed in the Land Registry.īoth prior to and after executing the notarial transfer deed the Dutch civil law notary will check:.The normal steps in a real estate transaction are as follows: Leasehold rights may be transferred or mortgaged. Rights of leasehold – long leases (usually around 50 or 100 years, but they can also be perpetual) are a very common way of holding property owned by the municipalities of Amsterdam, Rotterdam and The Hague.Apartment rights (condominium) – ownership of part of a property, including the exclusive right to an apartment plus shared rights and obligations in relation to common areas (for example walls, roof, external spaces).Rights of superficies: the right to have, hold and maintain buildings, works or plant in, on or above land owned by another party - as such, the right of superficies prevents buildings, works or plant on land owned by another party passing into the ownership of that party.This includes all building and underground structures, with the exception of underground cables and pipelines Absolute ownership: full ownership of land includes ownership of all its constituent parts (everything above and beneath the surface), by way of accession (natrekking).The main types of property right in the Netherlands are: How is a lawful and proper transfer of title to real estate to a purchaser effected?
0 Comments
Leave a Reply. |