Notary’s confirmation – The notary’s confirmation is a written confirmation from the notary to the bank that the land charge will be entered in the correct order of priority and that no other applications stand in the way of this. The confirmation plays a significant role in the execution of real estate contracts, as it enables the loan to be disbursed before it is entered in the land register. The notary’s confirmation is intended to ensure that the land charge is registered as security for the loan to be granted.
Notary confirmation at a glance: Acceleration of the loan disbursement
- Written confirmation of the notary to the bank
- Confirms that the land charge is registered in the correct order of priority
- Confirmation enables the disbursement of a loan even before registration in the land register
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