Cómo saber si una propiedad tiene deudas: Todo lo que no te han contado
When buying a house or property in general, the buyer must be very, very cautious. There is always the risk that the seller wants to follow the rules and try to steal the ownership of the property without having canceled the charge, leaving us who knows how many problems.
So that you are well prepared and know how to proceed when buying a property, especially, How to know if a property has debts?
How to know if a property has debts
That a house has debts and charges when you go to buy it has to be something that you consider, because that is a responsibility that you would have to assume in the future to accept them. And to commit, you must first know if a property you want to buy has debts, It’s not right?
For whether a property has debts You have several options, mainly by asking for a simple note at the registry office (which allows you to know the charges that the property has) or through a certificate of payments to the administrator.
We recommend you ask for a simple note so that you have full knowledge during the process of thinking about buying a house, farm or taking out a loan from a friend. Knowing all the guarantees that your assets can have is an essential part of these lawsuits.
The simple note is responsible for collecting various data about the property that aroused your interest. Among them are:
- The type of property, its nature. It can be an industrial land, an urban or rustic house or even vary according to its purpose.
- The description of the property. This includes location, area, classification, among other issues.
- Property fees. We will expand on this later. So don’t be in a hurry!
- The title of the property. This part consists of all information about who sells the property to you, be it a natural or legal person.
So, keep reading if you want to know more about the debts and charges that a property can have.
What fees can a property have
At loads that a property can have They are the main information that will appear in the simple note you want to request. These represent limitations on the use of certain services, as well as the types of mortgages or other charges existing with respect to a property.
As they are the responsibility of the legal and economic owner of a property, he is the one who will be contacted in case of violation of one or more of them So pay attention!
The charges on a single note (if any) are ordered according to the time they were recorded. In this way, consistency is maintained over time, as a change is recorded in the document.
Single note charges (and some tips for resolving any issues in this regard) for registering a property usually include the following:
Let’s start with what is the most popular cargo and perhaps the one that can get you the most trouble. The owner to whom the mortgage is charged will be required to pay a monthly portion of the repayment fee that arises on the loan that enabled the acquisition in the first place.
If the mortgage has not been removed from the simple note of a property you want to buy, there are three solutions:
- Talk to the seller to cancel the return fee before passing the title.
- Deduct the mortgage amount from the sale price to pay it yourself.
- Make a change to the mortgage title after an agreement between the parties and with the consent of the bank that issued it.
A marginal note
Marginal notes are secondary entries made by whoever registers the property. They represent a payment obligation for the owner of a property and, if they are not met, different penalties may apply. Some examples of marginal notes are:
- A closure.
- A fiscal condition.
- A grant refund.
A preventive note
This type of charge totally limits the use and availability of the property to the owner until it is canceled. They are usually caused by an embargo. Cautionary notes include:
- Refational loans.
- Property claims.
- Claims of rights in rem.
- Disposal limitations.
- Preventive embargo for several reasons.
- The hereditary right of somewhere.
And some other loads and limitations
Mainly, you may encounter limitations of an administrative nature. This does not mean that you do not pay attention to them, on the contrary: you must be very aware of these charges when making any real estate transaction. Some of them are:
- Trial and error in favor of the administration.
- The reservation of title.
- Purchase option.
- Resolving condition.
- Any special pact or horizontal property status.
Data to consult the load of a property
There is a short list of data to query the load of a property that you should ask the seller. This information (about the property and its charges) must be requested in the Property Registry where it is identified. The data is:
- The house or farm number.
- The section.
- The book.
- The Folio.
- And the volume in which the property was registered.
In this way, you can request the simple note, which can be obtained in three different ways:
- Present yourself at the Real Estate Registry where the house was located. In this case, you have to pay VAT more 3 euros and the simple note will be delivered to you over the next three days.
- Participate in any other Property Registry. If you prefer to do it for any reason, we advise that, although you receive the simple note within the same period, the cost of the procedure is higher than 15 euros plus VAT.
- Online, on the Spanish Registrars website. There’s the cost 9 euros plus VAT for each house you wish to consult and the process is almost immediate, since the information will be sent to you within the next eight working hours. You can access the service through that link.
How to verify a property record
Once you’ve decided on the home you want to buy, it’s time for you to take on the task of check the property registry.
The main thing is to follow the following tips:
- You must request the simple note from the house. With it you will be able to check its characteristics and title, including tax conditions, liens or mortgages. You can check again how to get it by reading a little above.
- Remember that if the property is free, its management will be quick and easy, as there will be no boring situation to resolve between you and the seller.
- Check that the current owner fulfills the obligations as a neighbor. This means that you are up to date with all your monthly expense payments, balances, and more. To do this, you can consult the company and it must provide a solvency certificate. If the debts are not paid, they will pass to you as soon as you buy the property, so be careful.
- Check that city taxes have been paid. Among them is IBI and others. These debts are claimed from the owner, like the previous ones, so you will have to ask the seller to give you payment receipts so you can be sure.
Steps to follow
O procedure to follow to request the registration of a property is the one described below:
- Enter the Online property registration.
- Select the option called Simple Note.
- If you are part of the registered users, you can sign in without problems. However, for private users, they must register with their personal data.
- In the options that appear, you must choose Real Estate Advertising and, in turn, choose the type of information you want to request. You must click Information Note for this case.
- Here are other options, which include different types of research, the registration data being what you should take into account.
- You must skip a map Spain, where you must select the community you want to consult, the municipalities or records in which you must consult the information.
- Finally, the box you want to review must be shown on the register, and the boxes for inserting your card. There you must enter the type of query you want to make. For this case, it must be a legal-economic investigation on credit, solvency or liability.
- After completing this part You will have completed the process! From the Registry email, you should receive a pdf with your simple note for the next eight hours And ready!
Knowing whether the property we are thinking of buying has a debt or charge before we go through the paper signing is extremely relevant. You must think carefully before making any sales and, as prevention is better than cure, we hope we have explained the how to know if a property has debts.
An unwanted load can lead to many problems, always be aware!
If you liked this article about How to tell if a property has debts We recommend the following related articles: