Buying a property may seem like a highly complex task at first glance. Many people end up carrying out this transaction only once in a lifetime, so it is normal for some questions to arise along the way. To clarify these points, keyrenter created a list that will guide you through this process so you don’t forget anything during this critical moment:
- Find The Property That Matches Your Needs
We start with the bluntest tip, it is very likely that you will never forget it when buying a property, but there are some points that some people end up not giving due importance:
Look for a property that fits in your pocket. If you are going to purchase cash, make sure that the money is enough to purchase the property and for all the necessary documentation. If you are going to finance, run simulations and find installments and terms that suit your reality.
Visit the neighborhood of your property. Check the distance to public transport points (if you are interested), supermarkets, bakeries, pharmacies. Also, don’t forget to investigate if there is any establishment nearby that can generate agglomerations during the night or weekends;
Take all your doubts when visiting the property. Ask (and take the opportunity to test) about plumbing in faucets, toilets, and electrical installations present in the property. Knowing the condition of these items will prepare you for possible renovations and possibly include this in your negotiation.
- Check The Property’s Documentation
Perhaps this moment starts most people’s doubts concerning the real estate purchase. The list of mandatory documents is pervasive, and the help of a lawyer in this process is practically indispensable. Regarding the property, the documents that you cannot fail to check are:
Updated registration of the property: to verify that the seller owns the property;
IPTU negative certificate: necessary to state that there are no pending issues with the city hall;
Clearance certificate of real liens: to prove that the property is debt-free;
Declaration of condominium debts: to confirm that there are no debts related to the condominium (if the property belongs to one).
In addition to this documentation, it is also interesting to verify that the property is not declared as a public utility. There are no later problems related to expropriation.
- Check The Seller’s Documentation
To guarantee the security of the transaction and avoid the occurrence of fraud, it is necessary to issue some clearance certificates and verify some documents from the seller to prove the absence of pending issues with justice. The documents and clearance certificates required are:
- Copy of RG and CPF or CNPJ;
- Updated birth certificate;
- Clearance certificate of tax debts of the Treasury;
- Federal and state court certificate;
- Labor Court Certificate.
Check keyrenter for more info.