Buying and selling real estate are complex processes that involve a number of legal steps and transactions. This article provides a detailed guide for investors and owners who are involved in the process of buying and selling real estate, thus addressing the legal space and procedures that must be followed.

 Step 1: Request and Offer: The process begins with a request from a person or company to buy a property or a person who is going to sell a property. This happens through a formal offer made by the buyer or seller.

Step 2: Creating the Purchase and Sale Contract: After the offer is accepted, it is important to create a written contract, which sets out the terms and conditions of the purchase and sale. This includes the price, deadlines, and all other important terms of the transaction. 

Step 3: Inspection and Legal Compliance: After signing the contract, the buyer has the right to conduct an inspection of the property to ensure that it is in good condition and matches the description given in the contract. Legal compliance is a key step to prevent potential misunderstandings and conflicts.   

Step 4: Securing Financing and Notary: The buyer can secure the necessary financing through a mortgage or other loan. After securing the financing, the documents can be directed to a notary to make the notarial deed of sale, guaranteeing that the transaction is valid and fair.

Step 5: Closing and Transfer of Property: The official closing of the transaction involves the distribution of money and the transfer of property from the seller to the buyer. This step involves following the zoning law and transferring the title to the new owner.   

Step 6: Registration of the Transaction: After closing the transaction, it is important to register the transaction at the relevant property registration office. This step ensures that changes to the property are recognized and valid under the law.   

Step 7: Retention of Documentation: To ensure the retention of necessary documentation, both parties must retain a copy of the contract, closing documents, and all other documents relevant to the transaction for a specified period.   

The legal process of buying and selling real estate requires careful preparation and knowledge of local legislation. By following these structured steps and working with professionals in the field, investors and owners can ensure a fair and legal process of buying and selling real estate.

 
 
 
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