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Saturday, March 12, 2005

Don't buy yourself into debt

A person buying an Italian property inherits any unpaid debts associated with that property. Property can be repossessed and sold by a lender or local authority to pay a debt. So it pays to have a good lawyer check out that there are no burdens with property or you may find your home being sold before you've even had a chance to live in it! Doesn't seem very fair but that's how it is. Just something to be aware of!

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