The Greek families are well-known for the concern they have for their children’s future. That’s why parents in Greece are trying to supply their children with assets that may be possible to help them create their future family and build a professional life.
The Parental Gifts for real estate property have a more favorable treatment by the Tax Authorities than the Gifts made by third parties.
It is a deed executed by a notary which is signed by parties, the gifted parent(s) and the child/children.
This deed is concerned as deed of ownership for the gifted property and it should be registered to the competent Land Registry and the National Land Registry.
Please note that the content of this website does not constitute legal advice and under no circumstances should they be considered as such, until our firm reviews the complete file of your case.
Copyright 2010 Law Tax in Greece Consulting