The Civil Code states : “The transaction is a contract whose object is the mutual transfer of ownership of property, or other rights from one party to another. “In other words, the barter is the possibility to share a house with another with adjustment for those who sell the home of greater value. Make an exchange between individuals is very difficult, but not impossible: some rare cases confirm this, such as elderly people, living alone, do not need a big apartment and prefer a house of a smaller size.

house-s

An exchange can be pure, ie without any cash consideration, or with adjustment, which provides for a payment to those who give the home of the highest value. For one thing, you should consult a notary or, better yet, a real estate agency: in this way, the customer is assisted by a mediator who facilitates the purchase of a house and during the sale of the old house . It is good to be wary, however, of the agencies proposing the so-called “trade-in” in exchange for the purchase of the new house: this offer meets the needs of a real estate agent, but it is to the disadvantage of the client, since the old home is bought at a bargain price if you consider the market offerings.

The transaction differs from the actual sale since the exchange of housing is not expected that a payment is made, unless there are grounds for an adjustment. Incidentally, the adjustment is added to the payment of a sum to be determined based on the difference between the two properties. The mortgage on one of the two properties complicates the transfer of ownership: if, in fact, on one of the two houses are mortgaged, must necessarily vacate the property by this commitment and the operation becomes arguably more insidious. In case, however, both properties are free from mortgage , the exchange of the two housing is obtainable without difficulty.

The exchange can also be done between a private and a manufacturer of a new building; rarely happens, but it is possible that the manufacturer, just to sell a building, chooses to abut the former home of private risk in this way to keep unsold. In terms of expenses, you can say that generally the barter involves savings, especially if both parties do not disagree and there is a mortgage on one of the two buildings.