WHAT IS THE "TITLE DEEDS"
At the time of the last payment of the private contract, you will be asked to sign, in front of a Public Notary, the document that recognises you as owner of the property you have bought. This document is called the "Escritura Publica de Compraventa" (Public Title deed), which states full details of the vendor and purchaser, exact description of the property, its 'linderos' (property boundaries), community fees related to the urbanisation where the property is located. It also states that the property is sold 'free of charges' and without any tenants, as well as other relevant details.
THE LAND REGISTRY OFFICE
Any changes regarding the property are registered on this document including inheritance, donation, mortgage, debts, etc. For this reason this document is an up-to-date record regarding the current status of the property that you are buying. Even though in Spain it is not obligatory to register with the 'Registro de la Propiedad' (Land Registry Office) it is highly recommended.
Lopez Develop
Thank you Antonio. This is a great start for the information.
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