What makes accommodation units and studios specific?
Studios are categories of non-residential units that have all the attributes of an apartment – i.e., bathroom and toilet, kitchen corner, but for reasons of hygiene regulations (noise limits, level of lighting), they cannot receive...
What about contracts? What type of a contract do we sign?
With each client, we sign the type of contract that corresponds to the given stage of project implementation. That means that, at the beginning, we sign a property reservation agreement, then an agreement to conclude...
What is required for successful registration in the land register?
Essential for successful registration in the Land Register is a written agreement on the basis of which the real property is transferred or passes to a third party. Aside from the said agreement (title transfer...
Are there any other ways of restricting disposals with a property?
Another type of restriction of disposal with real properties are easements, which, for example, establish the right of a third party (other than the owner) to use the property or the right of the owner...
Through its time-tested partners, GARTAL offers you the possibility of arranging the most advantageous financing for your home. We will also take care of collecting all of the documents necessary and of all communication with the bank, a valuer, and the Land Register. Our long-term cooperation with our partners allows us to secure the most advantageous conditions for you.
The loan is collateralised with a lien, which is one of the most common forms of debt collateralisation for the benefit of the loan provider. A lien is established by an agreement and registered in the Land Register prior to the purchase agreement. If the account payable is not paid, the creditor may sell the pledged item, i.e., the real property, and satisfy its account receivable from the proceeds. A lien is not linked to a person but, rather, to a property, meaning that when the property is sold or transferred to a new owner, the lien passes to the new owner, provided that the creditor’s receivable and all accessories have not been settled.
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