What documents are required when purchasing a property?

Buying a property is one of the most important financial steps in anyone's life. In order for the transaction to go smoothly and without risks, it is extremely important to know What documents are needed when buying a property? and prepare them on time.

In this article, we will take a detailed look at all the basic documents that the buyer and seller must provide, as well as the additional requirements for a mortgage loan.

Basic documents from the seller

The seller bears the primary burden of proving ownership and legality of the property. Here are the most important documents:

1. Property document

This could be:

• notarial deed;
• purchase and sale contract;
• donation contract;
• court decision;
• exchange contract.

2. Sketch or diagram of the property

• For an apartment – a diagram from the Agency for Geodesy, Cartography and Cadastre
• For a house or plot of land – a sketch from the cadastre or municipality

The document must be current (usually within 6 months).

3. Tax assessment certificate

It is issued by the municipality where the property is located.

4. Certificate of no encumbrances

It proves that the property is not encumbered by mortgages, liens, or lawsuits.

5. Marital status certificate

It is required to determine whether the property is marital property.

6. Declarations under Art. 25 and Art. 264 of the Code of Civil Procedure

Declarations of absence of tax liabilities and origin of funds.

Documents from the buyer

The buyer must also present several mandatory documents:

• ID card
• Declaration of origin of funds
• Declaration of citizenship
• Declaration under the Anti-Money Laundering Act (AML/CFT)

Additional documents when purchasing with a mortgage loan

If you finance the purchase with a bank loan, you will also need:

• Preliminary purchase and sale agreement
• Income certificate
• Employment contract
• Bank valuation of the property
• Property insurance
• Mortgage contract

Document verification – why is it so important?

Before signing the final contract, it is strongly recommended:

• property history check;
• weight check;
• verification of the area and purpose;
• consultation with a real estate lawyer.

This way you will avoid future problems and financial losses.

Frequently Asked Questions

How long does it take to collect the documents?

Usually between 5 and 14 business days, depending on the institutions.

Who prepares the documents?

Mainly the seller, but the buyer also needs to provide their declarations and personal documents.

Conclusion

Knowing this What documents are needed when buying a property? gives you security, peace of mind and protection from unpleasant surprises. Good preparation is the key to a successful and legal transaction.

If you are unsure about any of the steps, the best solution is to consult with an experienced real estate broker or attorney.