example of complete cross border conveyancing process [email protected]
TRANSCRIPT
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‘Ancient’ conveyancing process
Preparations Draft & Execute Transport
ProcessingFeedback Registration
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eConveyancing process
Preparations Draft & Execute Transport
ProcessingFeedback Registration
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eConveyancing process
Preparations Draft & Execute Submission & Feedback
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CROBECO process
Preparations Draft & Execute Transport
ProcessingFeedback Registration
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CROBECO: Respects for...
• Existing legislation– Different protection against contradictory titles
• Existing techniques– eLodging // eRegistration // eConveyancing
• Existing responsibilities– Title system < > deeds system
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CROBECO options
Preparations Draft & Execute Transport
ProcessingFeedback Registration
Advice by ‘sending’ registrarBi-lingual deed
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Procedures
Obtaining property information
submission
Land Register information
Cadaster
Municipality
Preparingthe deed
Obtaining tax number
Obtaining permits
Processingthe deed
Legal advice Registrar
Notifications
Land Register
Cadaster
Municipality
Community of owners
Eulis CROBECO helpdesk
GLOSSARY
REPOSITORY
Tax payment
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Legal aspects
Preparations Draft & Execute Transport
ProcessingFeedback Registration
Advice by ‘sending’ registrarBi-lingual deed
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Example
Seller Buyer
Santiago Bernabéu Football Stadium
Cruijff Van Gaal
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CROBECO processJohan & Louis agree on transfer of property
Select a conveyancer
Start preparations for creating a deed
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CROBECO conveyancer• Contractual obligations based on ‘own’ legislation (e.g.: Dutch Law)
• ‘Just around the corner’
• who speaks their own language (e.g.: Dutch)
• who knows what (s)he is doing (knowledge/ experienced)
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CROBECO preparations
• Collect Information
• Fulfill Formalities
• Prepare Contract of Sale
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Select clauses – against tax fraud
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Select clauses – Contractual obligations (Rome I)
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Select clauses – Non-contractual obligations (Rome II)
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Select clauses – Prorogation of jurisdiction
‘We agree that the courts of the Netherlands shall have exclusive jurisdiction to settle any dispute which may arise in connection with this contract of sale”
Article 23 Council Regulation Brussels I(EC) No 44/2001
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Thank you very much for your attention.