http://www.ashfords.co.uk/Contract_Check Last modified December 10, 2007 16:37
Search Site

Contract Check / Property Report

Introduction

Not sure whether to believe everything you have been told about the property? Are you still deciding whether you should sign the Contract and pay the deposit requested by the Developer/ Seller?

We can provide you with our complete property report to help you to make this decision. Do not be pressured into releasing any money until you are confident that your investment will be safe.

In our property report we will: -

  • Explain the terms and conditions of your Private Purchase Contract. Checking that the property will, under your contract, be sold free of mortgages, charges and debts or advising you of any restrictions to your contractual rights to unimpeded title.
  • Contact the Spanish Developer/Seller to request a number of legal documents. It is our experience, that a purchaser is often put under pressure to sign a contract within a short period of paying a reservation fee. The contract will often state that the purchaser accepts the planning and legal position with regard to the land/property, often before he has had the opportunity to investigate the legal position.
  • Carry out a Company Search of the Developer's Company (if applicable) to make sure it exists and is solvent.
  • Check that the Developer has been issued with planning permission (in the case of a new build)
  • Carry out a search of the Land with the relevant Spanish Land Registry to confirm the registered owner and description of the land.
  • Prepare a full report setting out the results of our enquiries and our recommendations concerning the purchase generally.
Print Window