Land Registry and Cadastre entries
Lawyer for Real Estate Services in Axarquia
Lawyer specialising in land registry and cadastre registrations
The correct registration and inscription of our properties, both in the Land Registry and in the Real Estate Cadastre, as well as the coordination between both, is a sure way to avoid possible problems and maximise their market value.
As far as the land register is concerned, it is a real guarantee of ownership. It is legally presumed that the rights registered therein in our favour belong to us as detailed therein. Likewise, any third party consulting the data in the Register can be assured that the information contained therein is accurate as of the date of consultation.
When it comes down to it, any informed buyer will require that the house, property or premises he is buying is registered in the Register, otherwise he cannot have any guarantee that, for example, the person who is selling it to him is really the owner. It will also be required by banks and credit institutions, as registration is necessary to obtain a mortgage loan on a specific property.
As for the Real Estate Cadastre, it has become increasingly important since the regulations make it possible, and in many cases require, its coordination with the Land Registry. In the Cadastre there is a graphic and descriptive representation of our property on the plan, with its boundaries and adjoining boundaries. It also reflects the cadastral value of the property, which will generally be used to calculate the tax value, i.e. the minimum amount on which we will have to pay taxes in case of sale, rental, inheritance or donation.
It is therefore highly advisable to check both the surface area and the intended use of the property in the Real Estate Cadastre. The land registry is not only the correct and accurate record, but also correctly coordinated with the land registry.
It is therefore highly advisable to check both the surface area and the intended use of the property in the Real Estate Cadastre. The land registry is not only the correct and accurate record, but also correctly coordinated with the land registry.
In short, a correct registration of our property in the Cadastre and the Registry and a proper coordination between the data contained in both, will not only maximise the value of our property, but will also protect us against third parties who may want to disturb it and will simplify considerably the procedures to be carried out in the event of an eventual sale or inheritance.
Remember, however, that each case is different and it is essential to consult your lawyer about your specific case.
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