What is the difference between individual and co-operative ownership?

In the case of co-operative ownership, the purchaser owns a share in a housing co-operative, which guarantees him a right to enter into a lease agreement for an apartment, i.e., the right to use a...

Is a reservation of a real property always binding and subject to a fee?

No, a prospective buyer can reserve a property for up to 2 days without a commitment. This can be done in person, over the phone, or by e-mail, after a viewing or a meeting with...

What taxes do i have to pay in the event of a real property transfer? Are there any other fees involved?

The following taxes may need to be paid on the transfer of a real property: Income tax of 21% if the seller is a legal entity. The tax is paid by the seller. Income tax...

How is heat consumption metered in individual apartments?

A separate heat meter is installed in each residential unit.