Should I take title deeds?
Posted: 01 Nov 2013 17:27
Hi
I have been offered my title deeds and have got the money to go ahead although expensive at 10765€. I also want to put my house up for sale. The estate agent suggests that I can save this money by not taking the deeds now. Any purchaser will be granted an assignment and pay the transfer tax as normal based upon a transfer from the builder direct to them.
My only concern is that it may take some time to sell and should I leave my title deeds in the hands of the builder during this time.
What is the norm in these circumstances?
Thank you
Sue
I have been offered my title deeds and have got the money to go ahead although expensive at 10765€. I also want to put my house up for sale. The estate agent suggests that I can save this money by not taking the deeds now. Any purchaser will be granted an assignment and pay the transfer tax as normal based upon a transfer from the builder direct to them.
My only concern is that it may take some time to sell and should I leave my title deeds in the hands of the builder during this time.
What is the norm in these circumstances?
Thank you
Sue