Declaration of division

The declaration of division is one of the most important documents when buying real estate. The declaration of division formally regulates how the property is divided up and what rights and obligations each owner has. It states whether there is communal property, what belongs to the individual owners and whether there is special property.

Reviewing Documents When Buying Real Estate

The documentation involved in a real estate purchase is crucial at every stage. You can only determine whether a property is right for you if you're familiar with the documents. And once you've found the right property, you'll need the complete set of documents for both the bank and, ultimately, the notary.

Here’s how to review a property's documents—and find checklists for your bank meeting and notary appointment. 👇👇

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