Immobilien Glossar - Legal

Detailed property glossary. Commonly used terms and phrases of international real estate as well as specialised definitions for better understanding of the Greek property market.

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Apostille
Eine gesetzliche Zertifizierung, die ein Dokument aus einem Land in einem anderen Land gültig macht (vorausgesetzt, dass beide Unterzeichner des Haager Übereinkommens von 1961 zur Befreiung ausländischer öffentlicher Urkunden von der Legalisation sind)
Eigentumssteuerbescheinigung
A certificate granted to the property owner by the competent tax authority to prove that his selling property has been included in the declaration of his real property for the last five years and that no property tax is due for this property for the same years.
Grundbuch
Government department responsible for recording ownership of properies. Searches will be requested from the Land Registry by conveyancers as part of any property transaction.
Grundbuchgebühren
Set fee paid to Land Registry to register ownership of a property.
Horizontal Eigentümer
Independent, exclusive ownership on a building or a flat, with a specific percentage of co-ownership in the land and the common parts of the building.
Immobilien-Titelsuche
A detailed examination of the entire document history of a property title to make sure there are no legal encumbrances that effect the seller's right to sell.
Leasingvertrag
Legal document detailing terms whereby the owner of a property grants rights to another party to occupy it for a specified period of time. Also known as Tenancy Agreement.
Notar
State civil servant responsible for editing the real estate transfer contracts. Permanently appointed by the Minister of Justice, his duty is to protect the public interest the public security and the fiscal and social policy. He is inspected for the lawful and diligent performance of his duties by the local public prosecutor.
Private Vereinbarung
The parties may draw up a private agreement for the intended sale, which however can't be legally executed such as a notary's act, therefore it's not sufficient to complete the transfer of real estate property. In case of a legal dispute, it is simply a proof of assumption of obligations between the parties.
Rechtsanwalt
Professionally qualified legal expert who prepares documents for the sale or purchase of a property.
Vertikaler Besitz
Ownership on a building built on the same plot with other buildings and on a specific part of the land, with co-ownership on the major plot.
Vertrag
Dokument, das zwischen dem Käufer und dem Verkäufer vereinbarten Bedingungen umreißt und beide Parteien bindet, um die Verkaufs- / Kauftransaktion abzuschließen. Auch als Vereinbarung bekannt.
Vollmacht
A legal document that authorizes another person to act on one's behalf. A power of attorney can grant complete authority or can be limited to certain acts and/or certain periods of time.
Vorvertrag
The notary's act by which the parties engage themselves to draw up the final contract in the future and generally determine the terms of the final contract. The preliminary contract is subject to the same type as the final contract, so a notary is demanded

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