A Guide to Purchasing Italian Property
When you find a property that you may want to purchase in Italy, ensure that you carefully consider the legal ramifications that are associated with purchasing property in the country.
An understanding of the legal process is the key to a problem free purchase, regardless of whether you buy through a real estate agent or directly from the seller. The services provided by a legal solicitor with experience in Italian property will guarantee that throughout the process, your best interest is protected.
Property purchases in Italy are completed through 3 key stages:
- Proposta irrevocabile d’acquisto (Reservation Offer);
- Contratto preliminare di vendita (Preliminary Contract); and
- Atto di vendita (Deed of Sale).
A Guide to Selling Italian Property
Selling property in Italy involves a complex procedure that needs careful consideration. Where possible, a solicitor with experience in Italian conveyancing should be engaged to measure and manage the risks that may result from the process. The sale of real estate process in Italy is divided into three key phases:
- Putting the property on the market;
- Completion of the preliminary contract; and
- Completion of the sale
Italian Inhertitance Guide
Succession law controls the transfer process of financial and real estate rights and duties of an individual to his/her heirs with the succession procedure commencing at the time of death.
Succession law in Italy is founded on the basis of Unity of Inheritance.