Legitimate status certifies that the property complies with building permits. It is essential for selling safely, obtaining mortgages and avoiding legal risks. It is verified through technician and access to municipal records, not with the Land Registry.
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Surface right separates ownership of the building from ownership of the land. Widespread in affordable housing, it reduces the purchase price but imposes constraints and deadlines that affect value and resale.
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A temporary lease agreement is ideal for temporary housing needs. Find out how it works, when to use it and what rules to follow to avoid risks.
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The penalty clause protects buyer and seller from default by setting a sum to be paid in case of delay or waiver. It should be drafted carefully to avoid litigation.
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