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Real Estate Services provided by Casa Miami Realty 3440 Hollywood Blvd Suite 415 - 33021 Hollywood - FL



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In the United States, lawyers carry out the functions that are traditionally taken care of by the "Notaio" in Italy lead to closing. The lawyer is selected by the buyer and is responsible for verifying the seller's ownership and checking that any outstanding taxes and mortgages on the property have been paid for. The closing costs are responsibility of the buyer. The lawyer creates an escrow account through which payments are made.

The escrow account stipulates that the payments made through the account are subject to verification of certain contractual conditions. The initial deposit is made through the escrow account. This is different than in Italy where the initial deposit is given directly to the seller. Only upon closing does the lawyer, once all contractual points have been verified, hand over the entire payment to the seller.

 

Further information can be provided upon request.

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