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Post by Peter Ellis on Feb 6, 2004 8:51:45 GMT 1
If you have a question relating to property purchase in Croatia you can post it here. If it is straightforward, someone will probably be able to answer it for you. If it is more complex and requires more formal consultation, Croatia Property Services' legal department would be pleased to take your instructions. Initial contact can be made via info@croatiapropertyservices.com Please be aware that any free legal advice is given in good faith but can not be relied upon, particularly if given on the basis of limited information which may not represent a complete picture of the circumstances.
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Miss Claire Seymour
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Post by Miss Claire Seymour on Feb 25, 2004 17:38:28 GMT 1
I'm interested in inspection flights in order for me to view the apartments in Vrvari and other suitable properties when i visit the area in March 2004. I am hoping to secure a sale as soon as possible but would like information on how long the process is likely to take from start to finish.
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Post by Peter Ellis on Feb 25, 2004 18:52:24 GMT 1
Hi Claire Most clients are using Ryanair in to Trieste and hiring a car in the airport to come down. The airport desks at Trieste will allow you to hire cars for bringing across the border. Depending on the time of day, the journey is around an hour down to Porec. There are no border problems and at this time of year you just get waived through. We can organise hotel rooms for you. We can meet you at a rendezvous and show you the Varvari apartments. They have been finished to a very high standard, with good quality ceramics and bathrooms and are great value for money. We will also have some other suitable properties next month. If you haven't visited Istria before, we are sure you will be very pleasantly surprised. It is like being in Tuscany but much cheaper for everything.
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Post by Peter Ellis on Feb 25, 2004 18:57:29 GMT 1
For property like this, with no paperwork problems, the complete process is likely to be around 6 months. The property would actually be yours as soon as you have paid for it and you could start using it immediately. If you wanted to start arranging rentals for the summer that would not be a problem. The approval from the Ministry of Foreign Affairs is not normally refused for UK citizens but is a prerequisite for registering the title in the Land Registry. You don't have to wait for that before being able to use it though. HTH
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Post by Carol on Mar 6, 2004 12:34:20 GMT 1
Hello Peter
Thank you for your information relating to my purchase of the house from the German.
My lawyer tells me the situation is as follows:
The German vendor was in the process of purchasing the house from an elderly man who died before his name could be added to the Land Registry. The owner's son has apparently waived all title to the property but it may be that I am waiting in line for the following:
1. the owner's son's name to be added to the Land Registry before.... 2. the German vendor's name can be added to the Land Registry 3. My name can be added to the registry.
The estate agent, in good faith think, told me that once I had paid for the property it would be legally mine, but my solicitor is clear that this is not so.
I have suggested that an independent person (lawyer, bank etc) hold the 20% deposit 'in escrow' (this is UK law) until certain requirements are fulfilled...i.e. the German vendor has title to the property.
My lawyer says that this facility also exists in Croatian law. However, the German has money difficulties and may not be willing to go this route.
I do like the house, which is in Postira, very much but am not willing to sacrifice my capital for it. Had I known there was a problem with the title I would never have agreed to see it in the first place
When I first agreed to purchase the house the completion date was given as 4th November 2004 (which I believe the German vendor still wishes to retain). Further investigation, after I heard about the title problem, revealed that he has has possession of the house for over three years..I was further informed that it would take at least another year for then German vendor to obtain title
I am confused as to how to proceed...Any ideas?
Best regards
Carol
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Post by Peter Ellis on Mar 8, 2004 13:21:25 GMT 1
My initial reaction would be to walk away from it. Resolving it all could detract from any pleasure to be gained in getting the place! You could be in no-man's land for a long while.
However, I'll ask our legal dept.
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