Montenegro is a beautiful country in which you want not only to relax, but also live constantly. Here are some major factors to know when buying real estate in this country.
1
At the very beginning of the choice of real estate, you should decide wherever you want to have your apartment or house. Some are interested in the resort area, another - a quiet place away from tourists. But wherever you want to live - the process of paperwork everywhere is the same.
2
Acquisition of housing in Montenegro - the process is safe and simplified as possible. Thanks to the existing law on attracting foreign investment, any person can purchase housing in Montenegro. After you choose a house or apartment and decide on the Agency through which you will make a deal, you need to open an account in one of the local banks. For opening an account, a valid passport is needed.
3
Before moving to the design of the main documents, most likely you will need to make a small deposit. Having done this, you confirm the seriousness of your intentions, and also eliminate anyone the purchase of your chosen home by another person. In the future, the amount of collateral will begin in the total amount of the transaction, and if the seller for any reason refuses to sell, the amount of deposit is returned to your account in two-time.
4
After you have deposited, you will receive a receipt from the seller about it. After receiving it, you will need to conclude a preliminary agreement on the purchase and sale of housing with the seller. Such contracts are issued at local lawyers and contain information about the object of the transaction and its value. For his conclusion, you will be asked to provide a passport and its photocopy.
5
To conclude a basic contract for the acquisition of desired real estate, the seller must give you a document, indicating the right of ownership of housing, and an extract from the state register of real estate. The conclusion of such an agreement must be implemented in the courthouse under the obligatory presence of the judge.
6
The last stage in the purchase and sale transaction is to register a property purchase agreement in court. After the signatures of the buyer and the seller are delivered, they are bonded by the seal of the Court, and the deal is considered finally decorated. You can only pay your new housing. If you do not pay the full amount, minus the previously paid collateral, within 30 days from the date of signing the contract in court the seller has the right to terminate the transaction and leave himself the deposit obtained.
7
After receiving the agreed amount, the seller gives you the appropriate receipt and sign an application for the change of the owner to a single cadastral register. The procedure for making changes to the register takes about a month. After this period, you will become a full owner of housing in Montenegro.
Follow this small instruction and you can freely buy yourself in Montenegro.
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