Jun 21, 2016 12:54
7 yrs ago
16 viewers *
Italian term
spese di istruttoria legale
Italian to English
Law/Patents
Law: Contract(s)
Real Estate Deed of Sale
This is from a notary deed of sale. Compravendita di un immobile.
Cedono a carico della parte acquirente:
- le imposte e tasse di trasferimento;
- le spese notarili e di istruttoria legale.
are these simply legal fees?
Cedono a carico della parte acquirente:
- le imposte e tasse di trasferimento;
- le spese notarili e di istruttoria legale.
are these simply legal fees?
Proposed translations
(English)
Proposed translations
+2
1 hr
Selected
legal title (US) inquiry > (UK) search > fees
From my vague recollection of Italian conveyancing of land owned by an English debtor, I reckon or guess in American it's title investigation and mortgage search expenses.
Example sentence:
In real estate business and law, a title search or property title search is the process of retrieving documents evidencing events in the history of a piece of real property, to determine relevant interests in and regulations concerning that property.
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
34 mins
legal fees/charges/expenses
prior to the sale, the notary is supposed to carry out some preliminary investigations to make sure powers of attorney are valid, the real estate belongs to the said owner and has not been sold to someone else, there are no debts or encumbrances, a.s.o., in other words that everything is ok from the legal point of view so that the sale-purchase may be done. For instance, to check the existence of the real estate in the Land Book or Register, he has to pay a certain charge to that institution, which he later recovers from the client. This is preliminary work and apart from this, the notary drafts the deed and notarizes it by signing and affixing his seal.
Reference:
http://www.linguee.it/italiano-inglese/search?source=auto&query=spese+di+istruttoria+legale
41 mins
44 mins
preliminary investigation expenses
Those expenses related to the investigations that need to be carried out prior to any deed-of sale, etc.
3 hrs
legal costs
Term used in the UK
4 days
due diligence costs/charges
The references are self-explanatory:
brief explanation: http://www.globalpropertyguide.com/Europe/italy/Buying-Guide
citation:
The notary performs due diligence
Closing usually takes six to eight weeks. The notaio or notary public has the responsibility of performing due diligence - although he is chosen by the seller, he acts for both parties.
A little more exhaustive: https://www.justlanded.com/english/Italy/Italy-Guide/Propert...
http://www.italianpropertygallery.com/the_costs/
- Highlights the fact that the actual due diligence is undertaken by the "geomtra" (under notarial oversight - see above). The "charges" are therefore not part of the Notary's fees proper, but paid by the latter to the Geometra - the term Geometra is left untranslated, some law firms render it as "conveyancer".
Very exhaustive comparative cost breakdown: pdf file
http://www.cms-cmck.com/Hubbard.FileSystem/files/Publication...
citation: Chapter title:
Due Diligence Costs for the Purchase of Real Estate.
Hope the above was helpful.
brief explanation: http://www.globalpropertyguide.com/Europe/italy/Buying-Guide
citation:
The notary performs due diligence
Closing usually takes six to eight weeks. The notaio or notary public has the responsibility of performing due diligence - although he is chosen by the seller, he acts for both parties.
A little more exhaustive: https://www.justlanded.com/english/Italy/Italy-Guide/Propert...
http://www.italianpropertygallery.com/the_costs/
- Highlights the fact that the actual due diligence is undertaken by the "geomtra" (under notarial oversight - see above). The "charges" are therefore not part of the Notary's fees proper, but paid by the latter to the Geometra - the term Geometra is left untranslated, some law firms render it as "conveyancer".
Very exhaustive comparative cost breakdown: pdf file
http://www.cms-cmck.com/Hubbard.FileSystem/files/Publication...
citation: Chapter title:
Due Diligence Costs for the Purchase of Real Estate.
Hope the above was helpful.
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