Useful Info

Property transfer

The transfer of property is a legally binding process involving two parties, either natural or legal persons. The main purpose of this process is to transfer the title of ownership of a property from the seller to the buyer.

Successful completion of the transfer requires the cooperation of professionals, such as engineers, notaries, accountants and lawyers. This cooperation ensures the integrated legal and technical examination of the property, which requires the collection of all the necessary documents and supporting documents

Basic documents for the transfer of a property

The basic documents are the following three :

1. Property / acquisition title (as proof of property ownership)

2. Building permit (legality of construction)
3. Identities of the Contracting Parties, ID and Tax Income (to identify and control tax liabilities)

Necessary Documents for Property Transfer by Notary

The notary undertakes the drafting of the final transfer contract, and helps to collect the following documents:

1. The owner's tax information. If there are overdue debts, the notary may withhold them from the market amount and promote them to the competent authorities.
2. The owner's insurance information. In case there are insurance debts, the issuance of evidence of insurance information is carried out by the competent KEAO Office.
3. ENFIA Certificate . It is noted that the ENFIA Certificate is issued electronically via TAXISnet.
4. Certificate of non -debt TAP. In the case of transfer, the current owner must receive a certificate of non -debt from the municipality for the transferred property (Possibility of submitting electronic application to Municipalities)
5. Statement of Property transfer Tax, FMA (3% on the taxable value of the property and is due by the buyer, MyProperty platform)
6. Certificate of Non -Debt Inheritance Tax / Parental Provision (Certificate No. 105 Law 2961/2001)