1 Seller (owner) and buyer negotiate Municipal adjudication Purchase deed is submitted to municipality The notary witnesses the signatures Seller and buyer sign the purchase deed (final contract) Seller and buyer may write pre-contract Pre-emption yes no Switch off buyer Buyer applies for cadastral value to the RCA Buyer applies for cadastral document RCA issues the cadastral document Buyer applies for the document of technical inventory Sale of real property (land with buildings) General activities diagram Negotiations with the mortgagee Data registered in Cadastral IS

2 RCA issues the cadastral document Buyer submits the documents to notary Notary issues the request for registration of rights Buyer applies to Land register for registration of ownership Buyer pays stamp duty and registration fee Adjudication of the application New owner collects the Land Book Act (title) Ownership information to RCA Registration of ownership Refusal of application can be appealed New owner (or commissioned bank) pays the seller’s mortgages New mortgagee collects needed documents and prepares mortgage deed Mortgagee gets the money

3 New mortgagee collects needed documents and prepares mortgage deed Signed mortgage deed Notary witnesses the signature(s) and prepares request for registration of the mortgage New owner applies to Land register for registration of mortgage New owner pays remaining sum to the seller New owner gets the remaining loan from the mortgagee New owner hands over mortgage act and submits it to mortgagee Land register registrates new mortgage Mortgagee pays remaining loan Seller gets the remaining purchase sum