Notary in Marrakech

The steps to follow to buy a property in Morocco are as follows: find a property that meets your needs and budget, check the legal documents relating to the property (title deed, cadastral plan, etc.), negotiate the price with the seller, sign a promise of sale, obtain a negative certificate from the tax administration, sign the deed of sale at the notary's office and make the payment.

Notary fees associated with purchasing real estate in Morocco include the cost of drafting the deed of sale, registration fees, land registry fees, mortgage registration fees, and the notary's fees. These fees typically represent between 5% and 7% of the property's purchase price.

A preliminary sales agreement is a legally binding contract that allows the seller to reserve a property for a potential buyer for a specified period. During this period, the seller cannot sell the property to anyone else. In return, the potential buyer commits to purchasing the property at a predetermined price. The preliminary sales agreement can be terminated if either party fails to fulfill their contractual obligations.

The types of companies that can be created in Morocco are the public limited company (SA), the limited liability company (SARL), the general partnership (SNC), the limited partnership (SCS), the limited partnership with shares (SCPA), the joint venture and the limited partnership with variable capital.

The steps to create a company in Morocco are as follows: drafting the articles of association, applying for the extract of registration in the Trade Register, publishing a legal notice, legalizing the articles of association, establishing the share capital, signing the deed of incorporation before a notary and finally registering the company in the Trade Register.