Buying Guide Properties Spain

Your guide to purchasing a property in Spain

 

 

 

N.I.E. Number I Solicitor I Bank Account I Privat Contract I The Title Deed I Purchase Costs I Maintaining Costs

 

The Title Deed

Step 3: Once the searches on the property are satisfactorily completed and the deposit has been paid in accordance with the terms and conditions of the contract, the title deeds are signed by both the buyer and the seller before the Notary. The Notary (Notaria): This is a solicitor appointed by the Spanish government to witness the signing of all legal public documents. In this case the title deeds (escritura publica) of the property. He represents both the buyer and the seller. The original signed document is retained by the Notary who will apply for a formal change in the land registry. The purchaser will receive an initial legal copy of the title deed which is signed and stamped by the Notary. The official title deed can take a while to be processed and until then this is your official proof of ownership and must be kept in a secure place.