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Advices > The Notary and the Registry ...
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The honoraria of Notary's office and Registry are regulated by law. It is the Notary who gives public faith of the deeds of sale and the mortgage loan. The Notary has the obligation to verify if there exist or not differences between the binding offer and the financial clauses, advising the client about possible differences and informing him of his right to stop the loan. Their honoraria has as tax basis the called 'mortgage responsibility', approximately 1,5 times the capital plus established percentage of the legal tariff. Adding the cost to papers and sent copies, all established under a legal norm. As far as the Registry, on the one hand it provides information on the situation in which is the house (proprietor, loads) and by another certificates, when registering the deed of sale, that you are the new proprietor of the house, pointing out the corresponding loads. Like in the Notaries, the tariffs are settled based on the price of the transaction and the mortgage responsibility in the loan. Remember: The day of the signature of the deed, you will make a provision stock to settle as well the expenses of the Notary as those of the Registry. Do not forget to add these expenses to the price of the house. |
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