What do you need a Notary for?
Civil law notaries act as independent, impartial and objective advisers to all parties to a transaction. They examine the intentions of the parties, draft the contracts and instruments necessary to carry out the intended transaction and ensure that the contractual provisions are in full compliance with the law. Civil law notaries also verify that the parties have full (mental and legal) capacity to enter into the intended agreement and that they have fully understood the legal implications of their commitment. Otherwise, the civil law notary is required by law to refuse his participation. The idea underlying this system is to establish a preventive legal control in order to avoid costly and time-consuming litigation about the validity and the meaning of contractual provisions in the aftermath of a transaction.
Apart from the legal certainty and correctness, a transaction in the form of an authentic instrument offers additional advantages to the parties. By law, authentic instruments are vested with an increased value of evidence and with so-called immediate enforceability. This means that an authentic instrument establishes full proof of the fact that the persons mentioned in the heading of the document have accepted the commitments undertaken therein with the content stated therein. Furthermore, the debtor of a claim for money can declare in an authentic instrument a so-called “submission to immediate enforcement into his assets”. In this case, the creditor can seize and exploit the assets of the debtor without filing a lawsuit. In fact, the authentic instrument established by a notary is comparable to an enforceable court judgment.
Hier finden Sie Notare ganz in Ihrer Nähe.
Hier finden Sie Erläuterungen zu häufigen Begriffen in notariellen Urkunden.
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