Real Estate Library Legal

Purchase of a property - The necessary authorisation

23 Feb 2015, Legal, by broosco legal team

  If you wish to proceed to the purchase of an estate property, it's advisable to appoint a Greek representative to help you through all the stages till completion, which mainly include applying for a Greek tax number and opening a bank account in a Greek bank, to be used to move your funds related to...

What is an Apostille?

23 Feb 2015, Legal, by broosco legal team

  Apostille is the documentary device by which a government department authenticates a document as genuine, thereby legalizing it for use in another member country under the terms laid out in 1961. Once a document has been Apostilled, thereby providing official government authentication of the signatures...

The property preliminary agreement

21 Feb 2015, Legal, by broosco legal team

  The preliminary agreement for ​the ​transfer or real estate property is a ​ contractual​  legal act under which the seller and alleged owner of the ​ transferred ​property, promises to the prospective buyer to appear and sign before the notary the final purchase contract. The main features of the preliminary...

Right of exclusive use on a property

19 Feb 2015, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  The exclusive (separate) ownership on a floor or a part of a floor (apartment) which is enforced by the articles 1002 of the Greek Civil Code and 1 etc. of the Law. 3741/1929 is legally an exception to the rule "superficies solo cedit", included in the article 1001 par. a`of the Greek Civil Code. Consequently,...

Notary’s Fees

07 Feb 2015, Legal, by broosco legal team

  The notary prepares the deed which is signed in the presence of the parties and their lawyers, if appointed. The notary verifies the legitimate presence of the parties or their proxies, in case they are represented and attaches to the notarial act all the documents submitted. Following the contract...

Vertical ownership or vertical co-ownership

01 Feb 2015, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  A vertical property ​consists in  the separate ownershipin one of ​many independent buildings or in parts of buildings which have been constructed in a single plot. ​This type of ​s eparate ownership refers to the building, while there is common ownership by specific percentages on the whole plot and...

Restrictions on the acquisition of property rights (I)

19 Jan 2015, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  A. Border Areas   The Greek state since 1990 has introduced by law the prohibition to natural or legal persons to acquire any rights on properties located in the country's border areas. In order to carry out such property transfers the law demanded that a file is submitted by the prospective buyer...

Succession in Greece

06 Oct 2014, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  Inheritance in Greece Inheritance issues involving property located in Greece are governed by the law of the foreign decedent's nationality, therefore if according to his country national law the applicable law regarding inheritance is that of the country where the property is located then Greek inheritance...