Assuming that your lawyer is satisfied with all the checks, the draft purchase contract
can be prepared. The Notary Public will require "clean" title and the topographic plan before calculating
the transfer taxes and drafting the purchase contract. From this stage up until
final signing of the purchase contract, they may request further information until they are satisfied all is in order.
The day of purchase is likely to prove a lively affair, with the following people
present at the Notary public's office:
The Notary Public together with the lawyers, will read out the purchase contract, line by line, and cross-check
various documents, including the title and topographical plan. The Notary Public may
ask questions of the various people present, and may make telephone calls to check
Minor corrections to the draft contract are often made during this process, however if a major problem arises, the Notary Public will call a halt to the proceedings and ask for additional documents
or signatures to be provided before re-convening on another day.
When the Notary public is satisfied that all is in order, the final purchase contract will be prepared, all necessary signatures
made, and the relevant payments exchanged. At that point, the property is effectively yours.
You have cause to celebrate - you now own your perfect home in Crete!