Once you've explained to InvestMontenegro.com
what your interested in and we find a property that meets
your requirements the following process takes place to complete
the purchase process;
Firstly we'll submit your offer for the
property to the vendor.
Once the offer has been submitted we'll
begin the process alongside your lawyer* of assessing legal
papers associated with the property such as title deeds,
in order to check there are no complications associated
with the property. Also in preparation that your offer is
accepted, the sale process can proceed without unnecessary
delay.
If an offer has been accepted and our preliminary
checks are completed without any issues being identified,
a conditional pre-contract is drawn up and signed by both
buyer and vendor where a non-refundable deposit of 10% is
required as security.
The contract must be signed in front of
a public notary in Montenegro. If your not available to
sign the contract you can give power of authority to your
solicitor to sign on your behalf.
Once signed the balance of funds needs to
be transferred to the vendor and your solicitor must officially
update the land registry and the need to transfer title
deeds into your name, it is not always necessary for the
buyer to be present.
Completion can take up to one month.
