More informations: https://blacklabelimmobilien.de/en/
In this episode of the podcast, I explain the German notary process and provide valuable insights into how the property purchasing process works in Berlin. I also highlight the key legal aspects you need to consider when buying property.
Key Topics:
The role of the notary in German real estate transactions
The importance of having a lawyer who speaks English when signing contracts
The reservation form and its purpose before purchasing property
Understanding the notary reading process and contract signing
The concept of agent commission and when it's paid
Legal and tax obligations after signing the notary contract
The 6% transfer tax when purchasing property in Germany
Risks and consequences of not paying the purchase price after contract signing
Understanding furniture and inventory payments in the purchase contract
Best practices for working with agents and notaries in Berlin real estate