More informations: ⁠https://blacklabelimmobilien.de/en/⁠

In this episode of the podcast, I explain the German notary process and provide valuable insights into how the property purchasing process works in Berlin. I also highlight the key legal aspects you need to consider when buying property. 

Key Topics: 

The role of the notary in German real estate transactions 

The importance of having a lawyer who speaks English when signing contracts 

The reservation form and its purpose before purchasing property 

Understanding the notary reading process and contract signing 

The concept of agent commission and when it's paid 

Legal and tax obligations after signing the notary contract 

The 6% transfer tax when purchasing property in Germany 

Risks and consequences of not paying the purchase price after contract signing 

Understanding furniture and inventory payments in the purchase contract 

Best practices for working with agents and notaries in Berlin real estate