After finding the property, the buyer should ask the seller to show him the following documents regarding the property:
- A photocopy of the Property Title.
- Proof of Payment of the Real Property Tax: The seller must be up-to-day with the payment of taxes regarding the property. If he is not, the buyer must deduct the total amount of unpaid taxes from the total property price.
- Registration Report: The registration report exhibits the taxes on the property when it was acquired, and certifies that the seller is the true property owner and that he does not have any judicial prohibition to sell the property.
- Property Plans: All the information regarding the property, such as its area and distribution, is exhibited in the Property Plans.
In the same section:
Real Estate Buying Process
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Foreign Property Buyers: Preliminary Procedures
Real estate transactions in Argentina are made in cash and in dollars. So, potential foreign buyers should consider this fact, since they will need cash to complete the transaction... [Read more]
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Buying Real Estate << you are here
After finding the property, the buyer should ask the seller to show him the following documents regarding the property: * A photocopy of the Property Title... [Read more]
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Offer and Reservation Sum
Once the buyer verifies all the documents regarding the property he wants to buy do not present any problem, he must make an offer and pay a reservation sum to the real estate... [Read more]
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Purchase Agreement
If the parties reach an agreement, they may sign a purchase agreement, in which the property transfer date and the intervening escribano are indicated... [Read more]
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Down Payment, Title Deeds, and Property Transfer
Signing a purchase agreement is not an obligatory legal requirement to make the property purchase effective. In fact, the parties can directly sign the escritura... [Read more]
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Escribano's Role
An escribano is a public officer vested by the State with public faith, thus every act notarized by an escribano is authentic. Even though his functions are... [Read more]
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Offer and Reservation Sum