Land Registry in Spain

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Land Registry in Spain A presentation brought to you by LawyersSpain.eu 1

Transcript of Land Registry in Spain

Page 1: Land Registry in Spain

Land Registry in Spain

A presentation brought to you by LawyersSpain.eu

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Page 2: Land Registry in Spain

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Register a property in Spain

After the purchase of a property in Spain, it is necessary to register it with the local Land Registry. In Spanish, the institution is called Colegio de Registradores de la Propiedad, Mercantiles y de Bienes Muebles de España.

The Spanish Land Registry has over 1,000 offices across the country.

It provides a large database containing the names of the owners and details about every plot in Spain.

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Information on properties in Spain

Those who want to find out details related to the properties available in Spain can request information at the Land Registry.

This is an important aspect for both natural persons and legal entities prior to the purchase of a property in Spain.

The information collected is of high importance prior to starting the due diligence procedures.

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Information provided by the Land Registry

When purchasing a property in Spain, the potential buyers can receive information if there are any restrictions related to buying the respective plot.

It is important to know that the due diligence procedures are not compulsory in Spain, but they are recommended, as they can reveal if the property is sold in good faith. Our team of lawyers in Spain can assist with legal advice on this matter.

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Certificates issued by the Land Registry

The Land Registry will issue a certificate related to the property.

The document will provide information on the property’s ownership history, exact size, its delimitation, a full description of the property, the title deeds of the previous owners, charges or mortgages.

At the same time, the document can be used in a Spanish courts, if it may be the case.

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Availability of Spanish landsPersons who want to purchase a property for residential or commercial purposes should know that the Spanish lands are also available in the following regions:

• Balearic Islands;• Canary Islands; • the north of Africa (two towns – Ceuta

and Melilla).

Our team of attorneys in Spain can offer more details on this matter.

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Registering a property – main advantages >>

After the purchasing procedure and registration are completed, the ownership rights are transferred to the person who has bought the respective property.

It is important to know that the rights of the owner are protected by the Spanish law.

The registration of a land protects a property from being sold twice or being sold under unlawful conditions.

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>> Registering a property – main advantages

When buying a property in Spain, the purchasers will have access to the information provided by the Spanish Land Registry.

The information can be provided in English, as well.

The registration procedure must be started by the person who is interested in purchasing a property here.

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Property Law in Spain

The sale and the purchase of a property in Spain are regulated under the Property Law.

Real estate matters in Spain are handled by the local government through the Civil Code, as well as the regulations of the Horizontal Property Act, which provides rules related to ownership.

It provides a comprehensive legal framework for the individual property and the common property (in the case of a residential building, for example).

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Consultancy services in Spain When buying a property here, our team of lawyers can assist foreigners in other related matters, such as the legal procedure of obtaining the residency in Spain.

At the same time, our attorneys can also assist natural persons and foreign investors in receiving the Spanish nationality.

Please contact our law firm in Spain for any other legal issue that needs to be handled in this country.

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Thank you for your attention!

For more information please contact us at:

(+44)203-287 0408 (for international clients)

[email protected]

www.lawyersspain.eu

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