Intermediaries in real estate conveyancing
| Intermediaries/transaction | Real estate agent | Notary | Land registry | Other |
|---|---|---|---|---|
| Renting a property | Common practice | Not a common practice | Not a common practice | An administrative registry might be compulsory (e.g. registry of bad landlords or registry of deposits) |
| Purchase a property | Common practice | Common practice (in countries where they exist). If parties intend to register their rights, a notarial deed is usually required to do so (ES, DE) | Common practice. In some countries, registration is compulsory (DE, NL, CH) | In some countries, although registration is not compulsory, parties need to validate their signatures before a notary to access the land registry (e.g. FR, IT, LX, PT) |
| Purchase a property with mortgage loan | Real estate agents in Nordic countries are usually involved in this process; this is normally due to the shortage of notaries. In other countries, it is common practice to use a real estate agent | Compulsory in some countries | Compulsory in some countries | When mortgaging a property, the participation of a bank and a property valuator is also required |
| Intermediaries/transaction | Real estate agent | Notary | Land registry | Other |
|---|---|---|---|---|
| Renting a property | Common practice | Not a common practice | Not a common practice | An administrative registry might be compulsory (e.g. registry of bad landlords or registry of deposits) |
| Purchase a property | Common practice | Common practice (in countries where they exist). If parties intend to register their rights, a notarial deed is usually required to do so (ES, DE) | Common practice. In some countries, registration is compulsory (DE, NL, CH) | In some countries, although registration is not compulsory, parties need to validate their signatures before a notary to access the land registry (e.g. FR, IT, LX, PT) |
| Purchase a property with mortgage loan | Real estate agents in Nordic countries are usually involved in this process; this is normally due to the shortage of notaries. In other countries, it is common practice to use a real estate agent | Compulsory in some countries | Compulsory in some countries | When mortgaging a property, the participation of a bank and a property valuator is also required |
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