[QUOTE=dave99;18722]How do you find out about any outstanding debts on the land or an individual apartments if there is no register to look at.
I know about the "words" on the sale doc & POA have say that there is no debt, but that's not very safe.
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If the POA says that there are no debts and the vendor also verbally says there are no debts, then you find out that electricity bill, water bill, telephone bill, or any other charges are charged to your property, (they will not be in your name until you go and change it at the companies) you have a signed legal document showing the date that you took over the property, also it states that there were no debts, but the companies prove that there are debts, the court will make the previous owner pay or they will go to jail. You are not responsible for these debts because it states that there are no debts on the POA.
If you buy the property and you undertake to pay the debts and take the property at a cheaper price (generally the price will reduce by the amount of the debt) then it will be in the POA that you agree to do this. Then you will have to pay the debts.
Also you will need your POA to change the electric, telephone etc., at the companies into your name.
When I took over this apartment, it had a few bills to pay,the owner admitted this, but we went to the companies and asked how much was owing and checked that the person told us the truth. He had told the truth, so it was put in the POA that this certain bill would be paid but that no other outstanding debts would be taken into consideration, and that the vendor would be responsible if it were found that debts are owing.
As you say, you sound okay because your POA states no debts, so don't be worried. If you did get told there are any, his name and address is on the POA, the government are stricter if any egyptian does anything illegal to a foreigner. Believe it or not, we have more power here than the egyptians. The police and courts will be hard on that vendor, egyptians mainly wont take a risk of being sent to jail for fraud against a foreigner. The government have made laws for foreign investment and all is in favour of the foreigner and not the egyptian. They cannot take our land or property away from us, which they could at one time, but they still could for the egyptian. etc etc.
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