What is a deed of transfer?
A deed of transfer is a notarial deed whereby the buyer of an immovable property actually becomes the owner of the property. When the purchase agreement has been signed, you are not yet the owner of an immovable property. To become the owner of the house, the house must be delivered to you. This transfer takes place by means of a notarial deed of transfer.
The deed of transfer shall include the following, among other things:
- The identity of the seller(s) and buyer(s);
- The price of the property;
- The amount of transfer tax to be paid;
- The guarantees with regard to the immovable property (these are also always included in the purchase agreement);
- Any easements, rights in rem and qualitative obligations resting on the immovable property.
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