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Real Estate News

19
Sep
3 FREQUENT REAL ESTATE PROBLEMS
Posted on Wednesday 19 de September de 2018

Acquiring real estate is difficult, which is why it is very important to keep it secure, that is, with legal certainty.

The notaries are the professionals that help you achieve it, because they support you to review the documents of the property and guide you to solve any problem you may face.

3 of the most common problems in relation to real estate are:

  1. Check the owner of the property. To sell or obtain any credit using the property as collateral it is necessary to verify that you are its owner. The public deed is the only proof of your real estate property before third parties and must be made before a public notary and registered in the Public Registry of Property. Therefore, if you bought a house or apartment and you did not write it, you should do it as soon as possible, private contracts or powers are not real solutions to prove your property.

 

  1. Retrieve the deeds of the property. If you wrote and you do not have the deeds you can recover them with the notary who did the process if it was done no more than 5 years ago; In case that more time has elapsed you should go to the Notary's Archive or the Public Registry of the Property of your locality or state. Having the name and number of the notary before which it was made, number and date of the public instrument will facilitate the search.

 

  1. Inheritance The will is the appropriate legal tool to designate who will be the legitimate owners of your property and property at the time of your death. The will must be granted before a notary public, any person over 18 years of age (in some states it can be granted after the age of 16), as long as it is in full use of their mental capacities.