Processing a sale
If an agreement is reached between seller and buyer, a lawyer or notary is commissioned to draw up a sales contract. After the contract has been signed by both sides, the purchase price including the ancillary fees is paid into his escrow account. Meanwhile, the contract writer and trustee is looking for the documents required for entry in the land register at the tax office, the district administration and, if necessary, other authorities such as the municipality and banks. After all documents and exemptions have been received, the court can apply for entry in the land register. The purchase amount is then usually released and paid into the seller's account.