When you inherit a house, we have two options, keep it and use it for personal purposes or sell it. If you want to sell it, you need to follow a series of procedures other than the sale of the home.
Anyone who wants to sell these houses quickly and without problems must absolutely not neglect these aspects
First of all we need to find an agreement with the heirs, if we are not the only beneficiary of the inheritance. All the heirs must agree on the alienation of the real estate, otherwise, there are two ways to go. You can decide to sell your part of the inheritance and therefore the percentage of ownership of the house. For the right of pre-emption (Article 732 of the Civil Code) this share must be offered to the co-heirs. If no agreement is found, it is necessary to contact the judge who independently establishes the conditions of sale.
Once the obstacle of the heirs has been overcome, or in the absence of these, it is necessary to produce a series of certificates for the sale of the inherited property. The first act is to submit the declaration of succession to the Revenue Agency. This document is essential because it certifies the ownership of the real estate, which otherwise could not be sold. This declaration must be made within one year of the death of the person who bequeathed the property.
Another important step is the acceptance of the inheritance. In fact, it is not mandatory to accept an asset in succession. In case of sale of a property it is good to draw up a document expressing the will to accept the inherited property. In case of sale of the property, a transcription of the acceptance of the inheritance is required, which can also be made during the deed by the notary. Without the deed of registration of acceptance, the sale cannot be completed. For the transcription of the acceptance of the inheritance, the death certificate of the deceased who left the property as inheritance and the deed of succession are required. With these documents you can make the sale of the inherited property.
The fiscal aspects
Attention, the acceptance of the ownership of the real estate implies a series of tax charges, which must be taken into consideration. This is because it may not be convenient to accept an inherited asset. Also because it could happen that in addition to the asset, the debts of the deceased must be inherited.
There are taxes to be paid to the Revenue Agency, equal to 4% of the cadastral value of the property if they inherit children and spouses. This tax has a deductible of 1 million euros. The tax rises to 6% if brothers and sisters inherit, with a deductible of 100,000 euros. Nephews, uncles, first cousins, brothers-in-law and in-laws must pay 6% tax but without deductible. All other subjects must pay 8% tax on the cadastral value without deductible. The mortgage tax, equal to 2% of the cadastral value of the property and the cadastral tax, 1% of the cadastral value of the property, must also be paid.
Therefore, those who want to sell these houses quickly and without problems must not neglect these aspects absolutely. Once all these operations have been carried out, the house can be sold like any other property. If we want to sell the apartment quickly, here are the 4 secrets to sell the house on your own at the highest price and in the shortest possible time without spending a penny. And beware of these mistakes that you absolutely must not make when selling these houses.