Uploaded by StudioLegaleMetta on Sep 24, 2008
More information about Italian real estate: http://www.studiolegalemetta.com/en
In this video: Italian Property Lawyer Nick Metta tells us how he helps people to buy property in Italy, purchase process and pitfalls of buying an estate, for Channel M in Manchester UK.
How do you help people to buy property in Italy?
Well I am an Italy lawyer and I help typically non Italian buyers looking to their obligations and their rights as per Italian law applicable even when not written in a contract.
So is buying a property in Italy a very complex process? Tell me through it.
There could be some very complex aspects and it is very important to look into the transaction details before signing a piece of paper.
Do lot of people sign away and then you say "Why did you do that?"
That's true! And at that point there is not much to do almost...it's not too late but I have to work more and sometimes we cannot get the highest result for the lowest cost possible.
There are always problems that are typical of every country. So what are the pitfalls of buying in Italy?
A very important thing before buying is to be well aware of all legal aspects that apply, no matter there is an agreement or not. Like...the deposit. They pay a deposit, they have been told there is a deposit but they don't know the consequences. So they decide to pull out.
But in Italian we have different words to define the "deposit": it could be "acconto", "caparra", "cauzione" and depending on the definition there are different consequences. If you pull out you'll loose all of it, you'll loose a portion of it, you'll loose something only if the vendor can prove he got some kind of damage.
So this means that if people don't have an expert to point them the right directions...
Yes, it is very important to be well guided.
And is this exactly what you do?
I try do to my best! And fortunately buyers are very happy.
Thank you very much Nick.
Thank you!
***
Studio Legale Metta is a boutique firm of Italian Attorneys and Italian Solicitors handling domestic and international caseworks throughout Italy.
For more than 120 years, Italian lawyers of Studio Legale Metta have been representing both private and public entities in the Italian legal system. The Firm's Partners are admitted at the Italian Supreme Court (Cassazione) as well as the Tribunal of the Rota Romana (Sacra Rota), the highest court of the Vatican.
The Firm's International Department, headed by partner Nick Metta, is focused on Italian law matters involving international parties.
To contact an English speaking Italian lawyer go to http://www.studiolegalemetta.com/en/c...
***
Find more about Italian real estate, Studio Legale Metta's legal services, FAQ and news at http://www.studiolegalemetta.com/en/
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