Please give any advise or what do you think what to do?
I found a small shop that is for sale in Berlin in July. I Contacted to the estate agency and got all the papers. The Owner of shop is a bankrupt and at this moment belongs to bank. I made an offer to the agent, they agreed and sent me to sign a “Notarlaufzettel/ Vormerkunq (zum Abschluss eines notariellen Kaufvertrages)� at the end of August. I signed at the same day and fax it back. On the 1st of October I got a contract. I contacted the agency and told them that I’m ok with it and ready to sign at notary and ask to setup a date. Until today I can’t get an answer when we’ll sign a contract. Agent said that there is a problem: when the previous owner bought a shop he didn’t pay a registration tax and if they’ll give this shop to me I will be responsible for his tax. So they are going to solve this problem and then go to notary. Can it be a reason to worry about it? For my view I can’t be responsible for this person taxes. And the main thing is that I’m waiting for more than 4 months to buy a shop. How long it takes usually to buy a property?
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Advice on buying a commercial property
Experiences, processing times, etc.
How long it takes usually to buy a property?
There is no "usually". Clearly your purchase has more complicated legal issues, so it is going to take longer. Such things are often slow in business - your job is to keep ringing, keep faxing
and generally keep putting pressure on people to get things sorted or they will drag on for ever.
On the tax front, without question you cannot be responsible for someone else's taxes, but it sounds more like the shop needs registering officially and that someone must pay that fee.
So for instance you would argue that your offer of €x.xx was to include any necessary registration with the authorities, or at least you were assuming that the registration had been completed.
Therefore your offer of €100,000 was to INCLUDE registration. So if there is a €10,000 registration bill outstanding your revised offer is €90,000 + €10,000 for the registration.
All sounds easy and negotiable to me.
There is no "usually". Clearly your purchase has more complicated legal issues, so it is going to take longer. Such things are often slow in business - your job is to keep ringing, keep faxing
and generally keep putting pressure on people to get things sorted or they will drag on for ever.
On the tax front, without question you cannot be responsible for someone else's taxes, but it sounds more like the shop needs registering officially and that someone must pay that fee.
So for instance you would argue that your offer of €x.xx was to include any necessary registration with the authorities, or at least you were assuming that the registration had been completed.
Therefore your offer of €100,000 was to INCLUDE registration. So if there is a €10,000 registration bill outstanding your revised offer is €90,000 + €10,000 for the registration.
All sounds easy and negotiable to me.
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