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TOPIC: CAN YOU SELL AN APARTMENT WITHOUT DEEDS

CAN YOU SELL AN APARTMENT WITHOUT DEEDS 4 weeks 13 hours ago #485

  • jamesflick
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CAN YOU SELL AN APARTMENT WITHOUT DEEDS?
Selling an apartment without deeds ispossible, it is simply necessary to go to the right people to be able to manage
the operation properly.
 
Although it is less and less frequent,there are still owners in Barcelona who own their apartments without a Public
Deed to back them up . This situation is quite common in old inherited flats
where the property has passed from generation to generation without the
certification of this document.
 
To reassure all the owners who findthemselves in this situation, we must say that selling an apartment without
Deeds is possible. However, this is not a simple operation.
 
Since there are many buyers who are wary ofacquiring a property without this documentation , it will be necessary to have
extensive knowledge on the subject to be able to provide the buyer with the
necessary guarantees to carry out the transaction safely.
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Privatecontract VS. Public deed
To begin, we will detail that a home isacquired through a legal business (usually a sale or an inheritance). It is
precisely this business, and not the way it is documented, that makes the home
ours. Know the difference between a private contract and a public deed through
the following infographic.
 
PrivateContract vs.  Sell ​​script
In order for the Purchase Agreement to bevalid, it must include certain information that perfectly identifies: selling
party, price, possible charges and expenses inherent to the transaction. In our
article  How to make a private salecontract ,  you can learn the basicsabout how to write it correctly.
 
A Public Deed does not make a home ours ,but rather serves to prove this belonging, providing protection against third
parties.
 
There are cases, on the other hand, whereraising a contract of sale to Public Deed is mandatory. We are referring to
acquisitions of real estate by donation (a donation by private document is
considered void) and cases in which the application for a mortgage is required.
 
Howcan we offer guarantees to our buyer?
A contract of sale perfectly serves toformalize a business, however, it does not guarantee that the seller is the
true owner of the property . In 99% of the houses that are sold without deeds,
the seller has a deed of the land or plot where the house is built.
 
To give guarantees to our buyer that thehome they are acquiring is truly our property, we can prepare the following
documentation:
 
Land deed
Simpleterrain note
Urban Planning Report: we can make a queryto the Urban Planning Technical services to verify that the house complies with
current urban planning regulations.
Selling a flat without deeds is notimpossible , however, it does require more documentation of the process. The
seller will need to provide the necessary credentials to justify this lack of
deeds and demonstrate that what is being acquired is completely legal and safe.
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CAN YOU SELL AN APARTMENT WITHOUT DEEDS 3 weeks 6 days ago #494

  • MartinBlue
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Visit their website if you are tired of looking for academic services. There is a set of services that can be useful to any student.
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