DUE DILIGENCE
The Anglo-Saxon term "Due Diligence" refers to a legal analysis of the legal situation of the property. This legal analysis prior to the sale plays a very important role in minimizing possible legal risks, providing security and guarantees to the buyer.
From our firm, we not only deal with the transaction of the purchase, preparing the purchase contract, assisting at the notarial signature and processing the payment of the taxes, but also we offer this important legal examination. Once passed the Due Diligence it follows the purchase contract, contract with buyer's option or the reservation contract.
In conclusion, the Due Diligence is usually done before signing any contract. If there is a hurry to sign the reservation, we will process the contract review and Due Diligence at the same time so that you can sign your purchase with all legal guarantees.
Our services include:
- IThe legal analysis of the property in terms of its registered owners and if they are authorized to sell it.
- IThe legal analysis of possible real rights registered in the Land Registry.
- IThe analysis of the Cadastre and Land Registry data includes obtaining a current registration note.
- IObtaining a certificate from sellers that there are no pending legal or administrative procedures against the property.
- IThe verification of the payment of the last IBI payments or obtaining a certificate.
- IA written summary of the results and a personal or telephone conversation to discuss the results.
Contact us without obligation, also by phone:
Sander, Santos & partners
your lawyers and tax advisers in Spain