After reading thru Paul D's adventure of buying
a boat in Italy
I am re-thinking how I would go about doing the same thing. The total purchase price
is less then his deposit but I still want to do things to prevent myself from losing the money
After quickly coming to agreement on a price
getting the actual signed contract
has been difficult to say the least. It has now been two weeks since agreeing on the price and have just received the signed contract
. The buyer (me) is in the USA. The seller is in South Africa
the broker is in one part of Italy
and the boat is in a different location three hours away from the broker. I now have all the paperwork save for one item that I requested which was a clause in the contract that the seller would provide a certificate of VAT paid. I know that as a US citizen I don't need one I just feel that when I do sell the boat in 4 or 5 years it will be easier to sell if VAT is paid.
I am getting ready to send the deposit over to the broker. I have spoke with him on the phone
and feel reasonably comfortable with that amount of money
being held by the broker. For the balance of the purchase
price though I feel some type of professional help is in order. I know that here in the states I could use a title company but what is the process in Italy? Does anyone have any idea of how it works?