Terms and conditions of business for estate agents in Croatia
Terms and conditions of business should be offered by all estate agents to both buyers and sellers to sign prior to engaging in any business. Estate Agents in Croatia act as brokers i.e. mediators between two parties and therefore both parties they mediate for are charged a fee. Our agency commission is therefore split 50:50, for property purchases it is 3% plus VAT (currently 25%). More detailed Terms and Conditions available on request.
The agency commission if you are selling a property or land is also 3% of the purchase price, plus VAT. This includes marketing on the internet as well as in paper editions of various publications. Creating property sheet details for each property on request and all other services as required by the regulator. Detailed Terms and Conditions are available on request.
Balustrade Estates was the first estate agency on the Island of Hvar to become regulated under the terms set by the Croatian Ministry of Small Businesses, so we are accredited to deal with all the necessary legal requirements for property transactions. We are licensed by the Croatian Chamber of Economy, licence number number 23/09. This licence ensures that our business is conducted legally, and that your interests are fully protected. We maintain the highest professional standards at all times.
terms and conditions definition