Reply To: VPO



the owners sometimes do not have the right to sell.

And even if they do the purchase price is fixed by government.

This ‘official’ and compulsory price is lower than market so vendors will in many cases (well… we could say always) try to convince you to state in the deeds a lesser price (the official) than the actual price you will have to pay in order to avoid an inspection (this is what we call black money)

This is dangerous, you are risking a penalty fine and , in some regions, you may even loose the property.