Getting legal advice when you must face an issue on which you do not handle well the steps and basic concepts to solve them is always wise. So, to avoid being surprised by any details, hire a solicitor or legal services of your choice before immersing yourself in endless consultations.
First, it is important to consider the assistance of a solicitor or lawyer to transfer a property or business (change of owner), since it is ideal to count with someone with the knowledge and expertise on the subject to supervise and give advice on every step, even though this is not a complicated process.
In fact, most real estate operations include property conveyancing that protect the interests of the buyer, which include the conditions and guarantees of the transaction. A text that can be somewhat complex and must be addressed by a professional.
Although transfer deeds may vary according to the jurisdictions where they are executed, (if you are in Andalusia it is better to inquire about the situation in that locality with lawyers or solicitors in Malaga), these must essentially state the names of the assignor and the assignee, the cost of the transfer, legal description of the property, and the signature of the assignor in addition to being attested before a notary public.
In the case of a business or company it is even more important to have the help of experts, allowing you to take the first steps with certainty and close the operation as soon as possible, considering the following:
- Once the interested party discloses their intention to transfer the business, the interested people can request information on licenses, taxes, costs, billing, etc.
- The price will be negotiated between both parties, a process that will specially require the support of legal services or solicitors, since this is the time to prepare the contract to formalize “the transfer agreement between the parties, and face the payment of the taxes corresponding to the operation.”
You can verify the value of these taxes in the city where the operation takes place.