Selling your property
10. Prepare for occupancy
Sometimes, occupancy starts directly at the notary. Otherwise, that gives you a few days to move. Following our coaches’ advice will ensure that this final step goes smoothly.
1. Remember the date and time of occupancy
The date and time of occupancy is when the buyer has full right to access his/her new property. If you’ve agreed on a date but not on a time, then the buyer has the legal right to take possession at one second past midnight on the specified date.
2. Prepare for your move
The property must be empty to permit occupancy, so make sure you hire reliable movers.
3. Cancel or transfer all your utilities
If you haven’t already, cancel or transfer your utilities: electricity, landline, cable, Internet, etc. Remember to inform any services you subscribe to of your new address.
Important: Hang onto your mandatory insurance!
If the date of occupancy is after the date of sale, make sure not to cancel or transfer your mandatory insurance until after occupancy. Otherwise, if something happens to the property, you could be held responsible for the costs of any damages incurred, which could be as much as the building’s value.
Talk to your notary.
4. Transfer the property to the buyer in the same condition as when you sold it
After signing the deed of sale at the notary, the property legally no longer belongs to you, even if you’re temporarily living there. You must ensure that the property is in the same condition as it was when the buyer last visited it before signing the deed of sale. You must compensate the buyer for any damages incurred between the signing of the deed of sale and occupancy.
5. Give all documents to the buyer
Leave the buyer an envelope with all relevant documents such as user manuals and warrantees for different electrical appliances included in the sale. Also remember to leave the garage remote control, all keys (including the one for the mailbox) still in your possession, and any object or information that could be useful to the owner. You won’t need them anymore!
When you finally do leave and lock the door for the last time, you will have achieved your goal: you will have finalized the sale of your property. Congratulations!