&NewLine;<p><strong>Updated 21&sol;07&sol;2020&colon; </strong>Over the past few months&comma; we've become aware of a number of "apartment hunters" offering their services via Facebook groups dedicated to French people in Portugal&comma; we can only encourage you to make sure that these companies or individuals have all the necessary authorizations before entrusting them with your project&period; The consequences can be serious in the event of problems, and you could even be considered an accomplice in a court of law&period; <strong>As the saying goes&colon; a man in the know is worth two&period; </strong></p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Important also&comma; a real estate professional has the legal obligation to&rsquo&semi;display his license number on all media where he communicates &lpar;email&comma; Facebook&comma; flyer &&num;8230&semi;&rpar; </p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class="wp-block-heading">REAL ESTATE AGENCY IN PORTUGAL NOT DECLARED&comma; RISK AND LIABILITY </h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Portugal boasts several thousand real estate agencies&period; Over the past 2 years or so, many French people have decided to try their hand at entrepreneurship in Portugal, and strangely enough, they all have one thing in common: the opening of a real estate agency.<strong>a real estate agency</strong>&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>For around two years&comma; a number of real estate groups have been invading social networks to promote the advantages of joining their real estate network in Portugal&comma; highlighting the flexibility of this profession and the potential gains&period; As you'd expect&comma; many French people have jumped at the chance to set up an agency&comma; without even knowing this profession&comma; its obligations and above all its constraints&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading">S&rsquo&semi;ensure that the&rsquo&semi;agency has a real existence</h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>At first glance, they all seem to offer the same thing&period; however, there are many differences between all these real estate agencies, and the first and most important is to make sure that it really exists&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In Portugal&comma; real estate agencies are required to hold a license&comma; this license is valid for 12 months and is renewable&period; moreover&comma; it must be in the name of the real estate agency&comma; it is legally impossible for the same license to be used by several agencies&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading">How do I know if my real estate agency has a legal existence?</h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>As you will have understood, it is essential to make sure before finalizing a transaction that the real estate agency in Portugal that has intervened is properly registered. <strong>You, the buyer or seller, could be accused of money laundering;</strong> </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>We asked our partner <a rel="noreferrer noopener" aria-label="l'agence luso-française d'immobilier (opens in a new tab)" href="https://https://agencelusofrancaiseimmobilier.com" target="_blank"><strong><span style="text-decoration: underline;">l&rsquo&semi;agence Luso-française d&rsquo&semi;immobilier</span></strong></a> which has been based in Porto for the past 4 years, to allow us to use some of these data to support our article&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The first thing to check is that the real estate agency you are dealing with actually exists&period; To do this, take note of the NIPC or AMI license number of the agency in question&comma; you will normally find it on the agency's website&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<div class="wp-block-image"><figure class="aligncenter"><img src="https://vivreauportugalconsulting.com/wp-content/uploads/2019/09/agence-immobilière-au-portugal-12.58.59-1024x90.png" class="wp-image-6319"/></figure></div>&NewLine;&NewLine;&NewLine;&NewLine;<p>Once you have it, go to the <strong><span style="text-decoration: underline;"><a rel="noreferrer noopener" aria-label="impic (opens in a new tab)" href="http://www.impic.pt/impic/" target="_blank">IMPIC</a></span></strong>&comma; on the home page click on <strong>consultar</strong>&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<div class="wp-block-image"><figure class="aligncenter"><img src="https://vivreauportugalconsulting.com/wp-content/uploads/2019/09/agence-immobilière-au-portugal4-635x380.png" class="wp-image-6308"/></figure></div>&NewLine;&NewLine;&NewLine;&NewLine;<p>Then&just select <strong>Mediação Imobiliária</strong> and <strong>Licenças de mediação imobiliária</strong>All you have to do is copy&paste the real estate agency's license number or NIPC&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>If the company is in possession of a license, you should obtain the result below. By clicking on the name of the agency, you will obtain additional information, such as the date of validity of the license, and whether it meets the legal requirements for third-party liability insurance; </p>&NewLine;&NewLine;&NewLine;&NewLine;<div class="wp-block-image"><figure class="aligncenter"><img src="https://vivreauportugalconsulting.com/wp-content/uploads/2019/09/agence-immobilière-au-portugal-2-650x339.png" class="wp-image-6311"/></figure></div>&NewLine;&NewLine;&NewLine;&NewLine;<p>As you can see, it's vital to remain vigilant when it comes to choosing a real estate agency in Portugal. Don't be fooled by a well-rehearsed "&ThinSpace;&ThinSpace;" sales pitch or an attractive website&period; Not to mention the fact that you'll have no guarantee that the property you're about to buy will be tax-free&lpar;absence of onus&comma; absence of housing license&comma; absence of seizure&rpar; not to mention the fact that you don't&rsquo&semi;have any legal rights to the property.<strong> no guarantee that the seller is the owner</strong>&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Please understand that these elements must be verified before signing a compromis and before paying the 20&percnt; deposit, which must be deposited directly into the seller's account&period; Unlike in France&comma; the notary in Portugal is not responsible for collecting the funds linked to the sale of the property&period; The transaction is carried out directly between the seller and the buyer&comma; by bank transfer or cheque&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>If you don't pay attention to all these points&comma; you will have no legal recourse against the real estate agency in Portugal that intervened in the transaction &lpar;even more so if it has no legal existence&rpar;&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>What's more&comma; when you go to the notary&comma; if you or the other party deliberately fail to state that the sale took place through an intermediary&lpar;or the agent in question fails to report it himself&rpar;&comma; you expose yourself to heavy penal sanctions&period; The notary will declare that this sale took place without the intervention of a real estate agent&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>As we say so well in France&comma; nul n'est <strong>supposed to ignore the law</strong>&period;</p>&NewLine;
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