Property Transfers & Registrations
The signing of a deed of sale is the preceding legal act which bestows personal rights. In order for the preceding legal act to come into effect, the purchase price must be paid by the purchaser and the seller must transfer the right of ownership over immovable property to the purchaser. The transfer procedure ends with the registration of the deed of transfer at the appropriate deeds registry.
The transfer procedure consists of various steps to be followed and taxes to be paid to ensure the proper registration of immovable property.