Important Points in Buying a Property > Overdue Real Estate Tax Debts
Overdue Real Estate Tax Debts
Overdue debts for utility services
Current Tenants
Double Checking the Registry Records
Appropriateness of the building
Buildings under construction
Construction of a building on a land
Residency Permits for Newly Constructed Buildings
Housing Co-operatives
It is very important to check whether the current owner of the property owes any overdue Real Estate Tax debt to the tax authorities. According to the current regulations, new owner is also responsible for overdue real estate tax debts. Thus, you are advised to put a special clause in the Sale Contract so as not to be in an unwanted situation in the future. Furthermore, you are recommended to ask the seller to provide you with the copies of the tax receipts given by the tax collection units.