We feel that it's helpful to clearly define our Services. Our aim is to ensure that the purchase process is as smooth as it can be and we are here to assist you during each of the stages.
Sales Commission of 3% more V.A.T. (20%) of the purchase price is payable to "Living S.r.l." once the Preliminary Sale Agreement or the Binding Unilateral Purchase Proposal have been signed.

The following is a summary of our services:

- We will undertake to search for property that meets your requirements and then send, by your requests details with colour pictures of each property

- If appropriate, we will meet with you in our offices in Italy to clearly understand your requirements. We also feel that it really helps to "get to know you" since it is wise to embark in a more detailed search for a property that meets your requirements

- We (or one of our regional associates) will accompany you when viewing the property and provide translation assistance if necessary.

- When viewing a restoration project we can provide an architect or surveyor to attend the viewing to answer any questions that you may have.

- The Preliminary Sale Agreement and the Binding Unilateral Purchase Proposal too are legally binding for both the buyer and the seller.

- During the legal process, we continue to be involved, ensuring that the papers are completed and signed according to the agreed plan. "Living S.r.l." is not authorised to complete any legally binding paperwork for the purchase of a property, because in Italy it is necessary to appoint a Public Notary to complete the paperwork.

- In order to complete the transfer deed the Purchaser must have an Italian tax code (Codice Fiscale), if he or she does not have it Living S.r.l. is able to obtain this document.

- On completion of the Preliminary Sale Agreement or the Binding Unilateral Purchase Proposal , we will present our invoice for Sales Commission that is due in full upon presentation.

All types of property in Italy are considered Freehold, be they a city apartment, a rural castle, or a piece of land. The legal technicalities such as local conveyancing laws and regulations, legal and agency fees and registration taxes involved in purchasing property in Italy are not complex and "Living S.r.l." will guide you through these procedures.

Having found the property of your choice and having agreed the price with the Seller through us, a Preliminary Sale Agreement or a Binding Unilateral Purchase Proposal will be drawn up. The first serves as a promise on the part of the Seller to sell to the intending Buyer and, once completed, is to be signed by both parties. The Binding Unilateral Purchase Proposal serves instead as a promise on the part of the Purchaser to the Seller to buy the property, to be accepted it has to be signed by both parties, to complete the transaction.

The Preliminary Sale Agreement states the description of the property, surrounding estate and any other notable points. It will state the full value of the property, method of payment and establish a date for completion. Once a completion date has been agreed, it must be adhered to.
When signing the Preliminary Sale Agreement, a down payment of at least one third of the full purchase price must be paid which, according to Italian Law, is forfeitable should the Purchaser fail to complete the transaction for any reason which is not covered in the Preliminary Sale Agreement.
The Preliminary Sale Agreement contains a clause which outlines the Purchasers right to redeem his party to the agreement should it be found that the property is encumbered with liens, debt(s) or any complication detrimental to its purchase and/or value. In such cases the Vendor must return the payment made when the Preliminary Sale Agreement was originally signed, plus an agreed amount in compensation.
Should the Vendor, after having signed the Preliminary Sale Agreement, for any reason break the promise to sell to the Purchaser, then the Vendor must pay the intending Purchaser double the amount paid by the Purchaser at the time of signing the Preliminary Sale Agreement. It is for this reason that it is in the interest of the Purchaser to pay the maximum possible at the time of signing.
When the Preliminary Sale Agreement is signed the due commission to "Ges Ter di Mauro Egizi s.a.s." plus sales tax must be paid.

There are two ways of purchasing a property in Italy and for those who live abroad the Binding Unilateral Purchase Proposal is the smoother procedure. Through the Preliminary Sale Agreement, the Purchaser needs to be here to come to an agreement with the Seller, who might also not live in the area, an instant availability of money, therefore enough time to spend in Italy in order to complete the process.
Instead, a draft of the Binding Unilateral Purchase Proposal will be drawn up by "Living S.r.l." and it will be posted to the Purchaser address which after approval will sign it and send it to the Seller through us.
The Binding Unilateral Purchase Proposal states the same clauses of the Preliminary Sale Agreement with the difference that it is a proposal made by the Purchaser to the Seller who also has the right to refuse it, before anything will be paid.
Living S.r.l. will provide to communicate the Purchaser the acceptance or the refusal of the proposal from the Seller part.
When the Binding Unilateral Purchase Proposal is signed by both parties, the due commission to "Ges Ter di Mauro Egizi s.a.s." plus sales tax must be paid.