{"id":4039,"date":"2026-07-10T11:22:41","date_gmt":"2026-07-10T09:22:41","guid":{"rendered":"https:\/\/notaiopadova.it\/?p=4039"},"modified":"2026-07-10T11:34:10","modified_gmt":"2026-07-10T09:34:10","slug":"exchange-contract-what-it-is-how-it-works-and-when-it-is-worthwhile","status":"publish","type":"post","link":"https:\/\/notaiopadova.it\/en\/exchange-contract-what-it-is-how-it-works-and-when-it-is-worthwhile\/","title":{"rendered":"Exchange contract: what it is, how it works and when it is worthwhile"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A exchange is a contract defined in Article <strong>1552<\/strong> of the <strong>Civil Code<\/strong> as an agreement concerning the mutual transfer of ownership of property, or other rights, from one contracting party to the other. In common practice, this legal transaction represents the evolution of barter and is a contract that transfers ownership with real effects.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>The main difference between a exchange and a sale<\/strong> lies in the nature of the consideration: whilst a sale is based on the exchange of goods for a cash price, an exchange of goods involves a direct exchange of goods for goods or rights for rights. In effect, an exchange is a transaction that excludes the immediate monetisation of property in favour of the circulation of goods in kind.<\/p>\n\n<p class=\"wp-block-paragraph\">To understand<strong> how a property exchange works<\/strong> in the property sector, it is important to note that this transaction enables two parties to transfer ownership of two properties to one another through a single notarial deed. Compared with the traditional sequence of transactions \u2013 consisting of a sale followed by a new purchase \u2013 a property exchange offers a significant advantage in terms of timing, as it simultaneously resolves the housing needs of both parties and eliminates the risk of being left without accommodation during the transfer of ownership. The following sections will examine issues relating to any price adjustment, taxes and the practical details of the deed.<\/p>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\"><strong>The legal nature of the contract and Article 1552 of the Civil Code<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\"><strong>The legal nature of the contract<\/strong> does not require the properties exchanged to have an identical economic value. In order for the exchange to be a fully valid and balanced contract, including from a tax perspective, the rules governing exchanges distinguish between two scenarios based on whether or not monetary compensation is involved:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>exchange without payment:<\/strong> this occurs when the parties consider the two items to be of equivalent value, simply transferring ownership of the items to one another without any exchange of money;<\/li>\n\n\n\n<li><strong>exchange with a cash adjustment:<\/strong> this occurs when the contracting parties note a difference in value between the properties and decide to make up the difference by paying a <strong>sum of money<\/strong> in addition to the <strong>property itself.<\/strong><\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">The presence of a <strong>cash adjustmen<\/strong>t requires a careful assessment of the overall contractual intent. Case law establishes that the legal nature of a exchange contract remains intact if the primary objective of the contracting parties is the exchange of assets, with the cash serving a purely ancillary and supplementary function of rebalancing. If, on the other hand, the cash component plays a predominant role or exceeds the economic value of the asset transferred, the transaction may be reclassified by the tax authorities from a exchange to a sale or a mixed contract, with the rules of the predominant contract type applying.<\/p>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\"><strong>Property exchange between private individuals, house swap and purchase of a future property<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\"><strong>The exchange scheme<\/strong> can be applied both in ordinary dealings between citizens and in commercial transactions involving construction companies. This direct exchange allows for an immediate transfer of ownership without complex financial intermediation.<\/p>\n\n<p class=\"wp-block-paragraph\">In a<strong> property exchange between private individuals<\/strong>, the parties determine the value of the assets in order to establish the exact balance of the transaction and to specify any adjustment in the deed. The exchange of a present asset for a future asset is also very common. This typically takes the form of an exchange of building land or a plot of land (representing the present asset) transferred to a developer in exchange for one or more property units yet to be built on that land (representing the future asset).<\/p>\n\n<p class=\"wp-block-paragraph\">In this specific case of an <strong>exchange involving a future asset<\/strong>, the legal effects occur in two distinct stages:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>the transfer of ownership of the land to the developer takes place immediately, as this involves <strong>an exchange of an existing asset<\/strong>;<\/li>\n\n\n\n<li>The transfer of ownership of the future house remains conditional, resulting in a <strong>deferred effect<\/strong> of the future asset until the building is actually constructed and comes into existence.<\/li>\n<\/ul>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\"><strong>Trade-in costs and tax relief for first-time buyers<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\"><strong>The costs involved<\/strong> in a property exchange are one of the main reasons why it is more cost-effective than carrying out a separate exchange and sale, as the transaction benefits from a favourable tax regime.<\/p>\n\n<p class=\"wp-block-paragraph\">In the case of a <strong>property exchange between private individuals<\/strong> that is not subject to VAT, stamp duty is not calculated on the sum of the values of the two properties exchanged, but is applied only once on the taxable value of the property that gives rise to the higher tax liability. The applicable rates are calculated on this value, including the \u2018first-home relief\u2019 at 2% or the standard rate of 9% in the absence of \u2018first-home relief\u2019 for other properties. In all cases, the tax authorities assess whether the value of the properties is correctly balanced to prevent undervaluation or tax evasion.<\/p>\n\n<p class=\"wp-block-paragraph\">As regards other taxes relating to registration and the transfer of title in the land registry, established practice and the case law of the Court of Cassation set out the following rules for calculation:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>mortgage tax<\/strong>: this is levied once only on the value of the property that gives rise to the highest registration tax, as there is only one registration requirement for the entire transaction;<\/li>\n\n\n\n<li>cadastral tax: for property exchanges subject to proportional registration following the 2014 reform, the Italian Revenue Agency has clarified that the cadastral tax is payable only once, at a fixed rate of 50 euros;<\/li>\n\n\n\n<li><strong>exchange costs and notary fees<\/strong>: pursuant to Article 1554 of the Civil Code, unless otherwise agreed in the contract, the costs of the exchange and any ancillary costs are to be borne equally by both contracting parties, thereby deviating from the rule applicable to sales, under which such costs are borne entirely by the purchaser; with regard to the notary, for the finalisation of the exchange deed, the parties remain jointly and severally liable for the full amount.<\/li>\n<\/ul>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\"><strong>Risks, legal safeguards and differences between a trade-in and a traditional sale<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">Article 1555 of the Civil Code provides that the rules governing sale shall apply to a <strong>exchange contract<\/strong>, insofar as they are compatible. Each party to the contract is therefore required to provide a warranty against hidden defects which render the subject matter of the exchange unfit for use or diminish its value.<\/p>\n\n<p class=\"wp-block-paragraph\">A specific and very strong form of protection relates to eviction, which occurs if a party to a barter agreement loses ownership of the property received due to claims made by a third party. The evicted party may choose either to claim the value of the lost property or to demand the return of the property originally transferred, subject to compensation for damages. This possibility of regaining the original property fundamentally distinguishes the legal nature of a barter contract from that of a traditional sale. There are also rare scenarios involving the exchange of another person\u2019s property, which constitute a compulsory barter in which the real legal effects only take place once the contracting party acquires ownership of the property from the third-party owner.<\/p>\n\n<p class=\"wp-block-paragraph\">The existence of a mortgage does not prevent the exchange transaction from going ahead, but it does require specific financial planning to be agreed upon before the deed of sale is signed:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>early repayment:<\/strong> the seller repays the mortgage before the deed of sale or at the same time as it is signed, using their own funds or the sum received as a settlement;<\/li>\n\n\n\n<li><strong>Refinancing<\/strong>: the contracting parties shall terminate the existing credit agreements in order to arrange new credit facilities based on the new capital structure.<\/li>\n\n\n\n<li><strong>Refinancing<\/strong>: the contracting parties shall terminate the existing credit agreements in order to arrange new credit facilities based on the new capital structure.<\/li>\n<\/ul>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<div class=\"wp-block-media-text is-stacked-on-mobile not-cta-banner has-background\" style=\"background:linear-gradient(180deg,rgb(238,238,238) 0%,rgb(169,184,195) 100%);grid-template-columns:25% auto\"><figure class=\"wp-block-media-text__media\"><img fetchpriority=\"high\" decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/notaiopadova.it\/wp-content\/uploads\/2026\/03\/Favicon.png\" alt=\"Doria Saglietti Scerbo Notary\u2019s Office\" class=\"wp-image-3846 size-full\" srcset=\"https:\/\/notaiopadova.it\/wp-content\/uploads\/2026\/03\/Favicon.png 512w, https:\/\/notaiopadova.it\/wp-content\/uploads\/2026\/03\/Favicon-300x300.png 300w, https:\/\/notaiopadova.it\/wp-content\/uploads\/2026\/03\/Favicon-150x150.png 150w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center not-cta-banner has-text-color has-link-color wp-elements-1303982da2c7181d30ff93548a4d1517 wp-block-paragraph\" style=\"border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-left-radius:0px;border-bottom-right-radius:0px;color:#173e74;font-size:26px\"><strong>Do you need some advice?<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center has-text-color has-link-color has-medium-font-size wp-elements-5da3c0a966d4fd7f32903b3a798312f1 wp-block-paragraph\" style=\"border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-left-radius:0px;border-bottom-right-radius:0px;color:#173e74\">We\u2019re here to answer your questions. Book an appointment with us.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3e41869c wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/notaiopadova.it\/en\/contacts-fee-estimates\/\" style=\"border-style:none;border-width:0px;border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-left-radius:0px;border-bottom-right-radius:0px;background-color:#173e74\" target=\"_blank\" rel=\"noreferrer noopener\">Contact us +<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:8px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div><\/div>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\"><strong>FAQ \u2013 Property exchange agreements and property swaps<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n<div class=\"wp-block-gutena-accordion gutena-accordion-block gutena-accordion-block-dce1e1-0a is-content-justification-center is-layout-constrained wp-container-gutena-accordion-is-layout-71302cc2 wp-block-gutena-accordion-is-layout-constrained\" data-single=\"false\">\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>What is the role of the notary in a property exchange agreement?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\">In a property exchange, the notary plays a particularly important role, as they must carry out checks on mortgages, land registry entries and planning regulations relating to the properties involved in the exchange, in order to verify ownership, compliance with the law and the existence of any encumbrances, restrictions or prejudicial formalities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The notary also ensures that the transaction is correctly structured for tax purposes, taking into account the specific rules governing barter transactions and the possible applicability of tax relief. They guarantee the legality of the public deed and carry out the subsequent formalities \u2013 including registration, entry in the land registers and the transfer of ownership in the cadastral register \u2013 necessary to make the transfers of ownership resulting from the barter transaction enforceable against third parties.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>Is it possible to arrange a transfer between a private individual and a company?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Yes, a property exchange is fully valid even when one of the parties is a VAT-registered entity, such as a construction company. In this situation, the tax treatment becomes more complex, as the supply made by the company will be subject to VAT, calculated on the open market value of the property, whilst the transfer carried out by the private individual will be subject to proportional registration duty on the value of the property, which is not subject to VAT.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>Is it possible to exchange properties if one of them is subject to building violations that cannot be rectified?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">No, the existence of serious and irremediable planning infringements prevents the deed from being signed, just as is the case in a traditional sale. The notary is obliged to include in the deed the planning declarations and cadastral compliance certificates for both properties involved; the absence of these requirements or the presence of substantial discrepancies renders the deed null and void. Therefore, before proceeding with the exchange, it is essential that each owner rectifies any planning irregularities relating to their own property.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<div class=\"wp-block-gutena-accordion gutena-accordion-block gutena-accordion-block-7d97cd-86 is-content-justification-center is-layout-constrained wp-container-gutena-accordion-is-layout-71302cc2 wp-block-gutena-accordion-is-layout-constrained\" data-single=\"false\">\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>How does a part-exchange work in the case of a jointly owned or co-owned property?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\">The transaction is perfectly feasible, but requires the consent and signature of all the joint owners of the assets involved. If, for example, a married couple jointly own a property and wish to exchange it for a property owned solely by a third party, both spouses must be present at the notarial deed to transfer their shares and to determine whether the new property received in exchange will be held in joint ownership or remain in the name of only one of them, whilst settling any financial adjustment.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>Is a property exchange subject to capital gains tax?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Yes, for the purposes of capital gains tax, a property exchange is treated in the same way as a normal sale. If one of the parties to the exchange disposes of a property purchased (or received as a gift) less than five years previously, and that property has not been used as their main residence for the majority of that period, any positive difference between the value attributed to the property at the time of the exchange and the original purchase price constitutes a taxable capital gain, subject to a substitute tax or ordinary IRPEF taxation.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>Does it make sense to carry out a exchange between a Third Sector Organisation (ETS) and a private individual or a company?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">Yes, the transaction may prove strategic in terms of optimising the organisation\u2019s property portfolio. A Third Sector Organisation may transfer a property that is no longer suitable for its institutional activities (such as an old building in need of renovation) to a private individual or a company, receiving in exchange properties suitable for its charitable purposes (such as offices, operational premises or supported accommodation). In such cases, the notarial deed must take into account the organisation\u2019s specific statutory restrictions, the prohibition on making a profit, and the special tax relief provided for in the Third Sector Code for the transfer of immovable property, requiring a very rigorous prior review of the contractual terms.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<div class=\"wp-block-gutena-accordion gutena-accordion-block gutena-accordion-block-88197e-70 is-content-justification-center is-layout-constrained wp-container-gutena-accordion-is-layout-71302cc2 wp-block-gutena-accordion-is-layout-constrained\" data-single=\"false\">\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>How are the bank\u2019s involvement and the mortgage approval handled in a property exchange?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\">The bank\u2019s involvement requires a coordinated timeline, particularly if the parties intend to proceed with the assumption of the existing mortgage or with its repayment at the time of the conveyance. Credit institutions must approve the loans on the basis of valuations of both properties. If a cash adjustment is required, the bank of the party giving up their property \u2013 who receives the property of lower value \u2013 may grant a mortgage to cover the difference in cash, provided that the mortgage is correctly registered on the newly acquired property during the single notarial procedure.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>How does the timeframe for organising a property exchange compare to that of a standard sale?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\">The time taken to prepare the documentation is slightly longer, as the notary\u2019s due diligence must cover two separate properties. However, the overall transition time is reduced to zero compared with the sequence of sale followed by purchase: <strong>the exchange of the house<\/strong> takes place at the very same moment, eliminating the months of waiting that usually elapse between the completion of the sale of the old house and the purchase of the new one. This saves the parties from having to resort to temporary tenancy agreements or interim security deposits.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>What happens if it turns out that the trade-in is significantly unbalanced in terms of value?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">If the economic imbalance between the two properties already existed at the time the contract was concluded and was due to one party\u2019s state of need, from which the other party took advantage, the general action for rescission on the grounds of unfair advantage may, in theory, be brought, provided that the conditions laid down by law are met, including a disparity in value exceeding half.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"margin-top:0;margin-bottom:0\">If, however, the imbalance between the performances arises at a later date, as a result of extraordinary and unforeseeable events, the aggrieved party may, in the cases provided for by law and where the contract has not yet run its course, seek termination on the grounds of supervening excessive burden.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<div class=\"wp-block-gutena-accordion gutena-accordion-block gutena-accordion-block-aa2b11-0d is-content-justification-center is-layout-constrained wp-container-gutena-accordion-is-layout-71302cc2 wp-block-gutena-accordion-is-layout-constrained\" data-single=\"false\">\n<div class=\"wp-block-gutena-accordion-panel gutena-accordion-block__panel\">\n<div class=\"wp-block-gutena-accordion-panel-title gutena-accordion-block__panel-title\"><div class=\"gutena-accordion-block__panel-title-inner\">\n<h3 class=\"wp-block-heading\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px\"><strong>In what circumstances is a property exchange between private individuals not a good idea?<\/strong><\/h3>\n<div class=\"trigger-plus-minus\"><div class=\"horizontal\"><\/div><div class=\"vertical\"><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutena-accordion-panel-content gutena-accordion-block__panel-content\"><div class=\"gutena-accordion-block__panel-content-inner\">\n<p class=\"wp-block-paragraph\">The main disadvantage is of a practical nature and lies in the difficulty of finding a counterparty who owns a property that meets one\u2019s needs and who, at the same time, is interested in acquiring the house offered in exchange. Furthermore, the presence of complex mortgages or the need to calculate very high adjustments can make the financial management of the transaction rather complex, suggesting in some cases that a traditional sale and purchase transaction be used instead.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A exchange is a contract defined in Article 1552 of the Civil Code as an agreement concerning the mutual transfer of ownership of property, or other rights, from one contracting party to the other. In common practice, this legal transaction represents the evolution of barter and is a contract that transfers ownership with real effects. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,32],"tags":[28,38],"class_list":["post-4039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","category-real-estate-contracts-and-practices","tag-passaggio-di-proprieta","tag-prima-casa"],"_links":{"self":[{"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/posts\/4039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/comments?post=4039"}],"version-history":[{"count":7,"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/posts\/4039\/revisions"}],"predecessor-version":[{"id":4052,"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/posts\/4039\/revisions\/4052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/media\/4037"}],"wp:attachment":[{"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/media?parent=4039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/categories?post=4039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/notaiopadova.it\/en\/wp-json\/wp\/v2\/tags?post=4039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}