Buying a house: what documents do you need to present?

What documents will the buyer need to have to buy a house? What are the benefits in the case of buying a first home?

Buying a house is an important step for everyone and is often considered a turning point in one's life. Buying a house requires not only a significant financial contribution but also the possession of a series of documents necessary to verify the actual state of the property.

But for buy a house What documents do I need? Who should I present them to? How can I know if a sales offer is actually convenient? What checks should I do on the property to act safely?

If you are interested in the topic or even know that you will have to do it soon buy a house to go live alone or start a family and you want to know the answers to the previous questions you just have to continue reading this post.

Documents to buy a house safely

A request for a land registry search will certainly be among the first documents to be considered when carrying out checks on the property to be purchased. (request your land registry report here in one click) . You can request it conveniently online and throughout the country. The land registry report will allow you to consult the land registry deeds and documents of the property being sold, both in reference to a building and in relation to a possible purchase of a land .

To choose the house to buy with peace of mind, a mortgage search can also be useful (request your mortgage inspection here) . The mortgage inspection will allow you to ascertain whether or not the house is subject to mortgages. Therefore, the buyer will have the possibility of knowing all the encumbrances existing on the property, without running the risk that after the purchase any creditor claims may arise.

The results of the mortgage search can also reassure the buyer regarding the possibility that the seller is the exclusive owner of the house, in order to avoid possible actions of reclamation of the property by third parties ( if you want to learn more about this topic, also read this post Claim action. Proof of ownership title required) .

Documents to be submitted for the stipulation of the preliminary contract

If the outcome of these checks is positive, the next step will be the possible stipulation of a preliminary contract , also known as compromise. With this contract the parties undertake to complete the sale of the property by stipulating a subsequent agreement, called definitive.

The preliminary agreement will include all the identifying data of the house to be purchased, the selling price agreed between the parties, the date of signing of the final contract and the sums paid by the buyer to the seller as a confirmatory deposit.

The documents that the buyer must have at the time of stipulation of the preliminary contract are: copy of personal data, information about the possible activity of a real estate consultant, such as, name, VAT number, location of the real estate agency and amount of the commission and finally the data regarding the confirmatory deposit, that is, the details of the check delivered by the buyer to the seller of the property.

The compromise may be stipulated either before a notary, in the form of a public deed, or through a private agreement between the parties, except in the case of properties under construction.

Compare house, documents for the notarial deed

At this point, the parties will be able to stipulate the notarial deed . With this deed, as a public document that definitively transfers ownership of the property from the seller to the buyer, the process of buying your new home comes to an end.

Obviously, even at this stage, even if it is the last one, the buyer must be in possession of a copy of the following documents: identity card and tax code, civil status certificate or in the case of a married couple, marriage certificate. (request the marriage certificate extract here) , followed by a copy of the preliminary contract previously stipulated between the seller and the buyer and finally the document certifying the amount of the confirmatory deposit paid to the seller.

What are the benefits for those who decide to buy their first home?

Those who decide to proceed with the purchase of the first home may, in the presence of specific requirements, obtain some concessions . The buyer, therefore, must declare that he/she does not own other properties in the Municipality where the property being sold is located, that he/she has not purchased other goods using the same concessions, that he/she wishes to establish his/her residence in the Municipality where the purchased property is located for a period of eighteen months and finally in the case of purchasing a first home through the granting of a bank loan, it will be possible to obtain a reduction in withholding taxes on the amount paid from 2 percent to 0.25 percent.

Practical advice

It is also essential to know and graphically verify the outlines and internal subdivisions of the real estate unit. For this verification you can also request a cadastral plan. (request the cadastral plan here in just a few clicks).

In order to conclude a good deal, it will also be appropriate to evaluate the location of the property and whether the selling price corresponds to the real market value or not.

These tips are useful both for those who intend to purchase a property to use as a family home and for those who intend to invest and start a commercial activity.

If you are interested in the topic and would like to receive further information or clarifications, request a quote immediately. online legal advice , if you liked the article share it or if you want to contribute to the discussion leave your comment here.