All About Real Estate In Serbia
As buyer or owner of property you have asked yourself many times what is the procedures for sale or purchase of some property. How to determine the value of the property, how much are taxes, who can buy or sell properties, how ownership is proved, are just some of the questions.
1. What is the real estate?
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According to the principle of real estate unity, real estate is a particle of the land surface along with all that is in permanently connected to the surface or beneath it, which means that buying an apartment means also buying the ideal part of the building and the land on which the building was constructed.
2. Which documents are required to buy or sell a property?
Documents required to buy or sell a property are the ownership document, in the case of land, a copy of the cadaster plan. It is also advisable to have excerpts from the location plan which give evidence of the land allocation, ownership certificate and building permit or certificate.
3. How to determine the real estate value?
Sale value of the real estate is determined by the seller, according to market trends and the "law" of supply and demand. The market value of the property is determined by tax authorities according to their "tables", while the value of property necessary for the implementation of the bank loan are determined exclusively by licensed appraisers.
4. How does land registry working?
Land registries are public records about the legal situation of the property. Land registries are based on data from the cadastral survey of land. Land cadaster is a public record about the location, shape, surface, constructions, usage, production capacity and landowners. Land cadaster is responsible for recording data on the number of cadastral parcels, their surface, shape, tour phượng hoàng cổ trấn buildings and other building located on or below its surface. Access to land registry and cadaster has any interested party.
5. Who can buy property in Serbia?
There are no barriers or sanctions for buying property in Serbia, but for the registration in land-register it is necessary to submit the sales contract.
6. Can foreigners buy real estate in Serbia?
Yes, in which case they have to apply to the ministry of foreign affairs for agreement and this agreement should be submitted for registration of property rights.
7. Who can sell property in Serbia?
Any owner who has entered ownership of the property in the land register that could then be transferred to the customer can sell property in Serbia. The property can also sell a non-registered owner, in which case the buyer acquires non-registered ownership, and for a valid entry in the land kynghidongduong.vn register he must prove legal sequence.
8. What are the obligations of buyer and seller?
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The buyer is obliged to pay the full amount of the agreed purchase price. The seller is obliged to deliver the property in the possession and allow the transfer of ownership.
10. What amount of deposit must be paid to the seller?
Amount of deposit depends on agreement and in accordance with legal maximum. Usually it is 10% of the agreed purchase price.
Everyone interested in real estate in Novi Sad, Serbia can visit: [ ] and [ ]
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