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CONTROL OF THE LEGALIZATION OF THE PROPERTY AND SECURING A PURCHASE

CONTROL OF THE LEGALIZATION OF THE PROPERTY AND SECURING A PURCHASE

Step 1: Sunionian checks title of the property

Our lawyers thoroughly check the continuance of the title deeds in order to confirm that the property is not claimed by anyone (banks, individuals, the state etc.) and that the seller is indeed the owner of the property without anyone else interfering with his ownership. If there are any legal claims on the property they are examined to determine whether they are obstacles that can be transcended or whether they can impede the sale (in which case the payment received as part of the purchase price is reimbursed to the client, or any other way indicated by the attorney).

 

 

Step 2: Ensure the financial status of the seller.

Furthermore, our lawyers research the financial status of the seller to confirm that they do not have any debts pending that may affect the sale or the property. The seller’s identity is investigated through the Tax Office and the property details through the Municipality as well as the Insurance, Electric, and Hydro companies. Once all the above have been approved, we represent the client during the contract signing (final or any pre-contracts, payoffs, solution of solvencies etc.) and any necessary final steps afterwards, namely, delegating the contract to the accountant in order for him to make the tax declaration and inform the utility companies about the change of ownership.

Step 3: Our attorneys undertake any interchange of the client with the banks.

Finally, our attorneys take care of all the client’s banking issues, including opening new accounts (mandatory for financial transactions in Greece), delivering all necessary documents, obtaining passbooks, and registering for web-banking services.

During the entire process our lawyers, as per a signed power of attorney, represent the client with all procedural matters (courts, government, notary, accounting offices, etc.) while constantly updating him on the progress.

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