Any estate involving a real estate must go through a notary. He will take care of many administrative tasks such as the search for heirs, the inventory of the estate or the division of property between the different heirs.
Why use a notary?
Be aware that, in the context of a real estate heritage, you must compulsorily use a notary to settle all administrative and legal issues. If the deceased has no property, donated or drafted a will, you can dispense with the use of a notary. But only at these conditions. In other cases, the notary will take care of settle the estate and of share the property between the different heirs after performing a calculation.
The different functions of the notary
In the context of a succession and more particularly in the context of a real estate inheritance, the notary assumes various tasks essential to the good progress of the procedure:
- Search for heirs: First of all, the notary is responsible for drawing up the list of persons likely to inherit as well as their respective rights. He can also search for heirs who are not known.
- Balance sheet of the deceased's heritage: the notary draws up a list of the real estate of the deceased and gives them a value.
- Sharing the real estate inheritance: according to certain rules and according to the order of the heirs, the notary calculates the rights of each heir
- Publication for the preservation of mortgages for real estate.
- Establishment of the transfer certificate: Formerly called Certificate of Ownership, the Certificate of Transfer is used to establish the right of ownership of a person over a given property
- Issuance of a real estate certificate: this certificate makes it possible to put the property concerned in the name of the heirs.
The notary also allows to obtain an act of hereditary notoriety, to write the declaration of succession or pay the inheritance tax on the receipt of taxes. It is obvious that all these spots have a cost. The notary is paid according to a tariff set by the state and also according to the amount of inheritance that is at stake. However, note that the rates are the same regardless of your region or city.