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SERVICES

Our team of Italian lawyers and consultants can assist foreign clients with all aspects of
conveyance related to the purchase, sale or lease of a property in Italy and its islands and
Republic of San Marino. All our clients are in direct stable contact with the attorney handling
their matter, receiving regular updates on status of the transaction.
Our company has very competitive rates. Engaging our company typically means saving more
money throughout the process (i.e., tax benefits, appropriate strategy, negotiations with involved
parties, etc.) than is spent in legal fees. We offer our clients a comprehensive assistance and
counseling service, in most cases for a pre-established flat fee. The legal work is carried out by
experienced Italian lawyers and consultants.

OUR SPECIFIC AREAS OF EXPERTISE INCLUDE:


MARKET ANALYSIS AND OPPORTUNITY SEARCH SERVICE
For a flat fee or a retainer fee, our professionals will develop an in-depth understanding of our
clients requirements and search out properties ideal for the clients profile. This time-saving
solution will keep many foreign buyers free from scouring through websites, travelling to Italy,
meeting with agents and attending inspections. Properties will be evaluated in terms of potential
for capital gain and Rental Return, quality of location, potential for renovation or redevelopment,
etc.
As a result, our company will provide a detailed report, including pictures and videos of the
property that will be personally inspected by our professionals.
The benefits of local market expertise and knowledge have been found to be a key benefit of
using a property finder.

PRELIMINARY ASSESSMENT AND DUE DILIGENCE ON THE PROPERTY

Search and review of Chamber of Commerce records regarding vendor/owners financial constraints

Collection and review of property information recorded in Italian public registries

Review of sellers right and power to sell the property

SERVICES
MANAGEMENT OF THE PURCHASE PROCESS
Our comprehensive consultancy service includes consultancy and management of all phases
related to the purchase of a property in Italy. Your presence is in Italy is not required. Our
services include:

Negotiation of the Purchase Price

Coordination with the real estate agent/s and negotiation of the agents fees

Drafting, translation and legalization of the power of attorney

Preparation, review, counseling or amendment of the Formal Offer (Reservation Offer) and meeting with
the seller (if needed)

Preparation, review, counseling or amendment and execution on behalf of client of the Preliminary
Contract of Sale (Contratto Preliminare di Compravendita, also known as Compromesso) according to
the purchasers specific personal needs and exchange with the other party

Assistance with payment of the deposit without the need to be physically present in Italy

Preparation of customized interim transaction reports for our clients prior to completion with details of
all transaction terms, effects and related recommended course of action up to completion

Execution and formalization of Final Agreement (Rogito Notarile)

Coordination with the Owner/Vendor and the local Notary Public

Representation of client before the Notary on the basis of a Power of Attorney

Provision of advice on how to perform payments without being physically present in Italy (payment of
Notary fees, Real Estate agent fees, payment of purchase price and taxes)

LEGAL DOCUMENTS AND TRANSLATIONS

Drafting of any legal document related to the purchase of a property in Italy (Power of Attorney*,
Preliminary Contract of Sale, Contract of Sale, etc.)

Certified legal translations (e.g., contracts, deeds, certificates of the vital records, divorce decrees, dual
citizenship documents, technical reports, etc.)

Legalization for international use of any foreign document (legalization through the local consulate or
Apostille Seal)

SERVICES
*Our firm has established procedures for people located abroad, for instance in the U.S., UK or
Australia, to prepare, finalize and execute international Power of Attorney documents abroad,
valid for use in Italy, completely via email and courier. Our protocol does not require the
assistance of Italian Consular Offices and that makes the process more flexible and easier for our
clients. Depending on the country where the Power of Attorney document has to be signed and
specific circumstances, this can be carried out in as fast as 5 business days.

FINANCIAL, LEGAL AND FISCAL MATTERS COUNSELING

Provision of counseling and legal advice on purchase tax benefits and income tax, municipal and national
tax duties;

Provision of information and legal advice regarding the Italian law applicable to Italian property purchase
when the buyer is married

Assistance in obtaining a mortgage and/or loan (mutuo);

OBTAINMENT OF ITALIAN TAX CODE AND SET-UP AND MANAGEMENT


OF ITALIAN BANK ACCOUNT

Obtainment of Italian Tax Code that is necessary to complete all real estate transactions in Italy

Set-up and management if Italian Bank account with cheque books and on-line access

OTHER SERVICES

In-person counsel during meetings, negotiations, contracting, etc.;

Skype meetings and conference calls

Assistance with set up and connection of utilities (electricity, water, etc.);

Assistance regarding insurance contracts, security systems, maintenance agreements, etc.

ON GOING REAL ESTATE MANAGEMENT SERVICES


In the case of Italian real estate acquired by individuals or through an Italian or foreign company
and rented out to third parties, we also provide highly specialized management

SERVICES
services including: search of a new tenant upon expiration of the contract of lease, preparation
and execution on behalf of the client of the rental agreement, collection of rent on behalf of the
owner and management of the Italian bank, preparation of Italian tax returns (in connection with
our partner accounting firm) and compliance with all tax and administrative requirements.

LEASE CONTRACTS
We can liaise between the property owners and tenants.
Our Firm can assist you in drafting rental agreements or land management contracts. We
understand the legal risk of allowing somebody into your property without a contract and are
able to prepare bi-lingual rental agreement for rental purposes.
If you need to protect your rights it is advisable to use the services of an Italian expert in the real
estate field that can negotiate an appropriate rental contract, its terms and conditions to meet your
needs.

Source: http://italianrealestatelawyers.com/services/

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