Freedom Property
The certificate of tradition and freedom, is a document that is acquired mainly for all legal data that can present a building or premises, in what refers to the different affectations and charges levied on a good, in the same way upon whom rests the current possession and to previous holdings that could present a good; in other words the certificate of tradition and freedom is the ideal medium to know the legal status of all immovables which are subject to registration. The certificate of tradition and freedom is issued immediately, in all those offices in which having a systematized model of registration; where do not have these conditions shall be issued within a period that does not exceed the next day. For issuance of the certificate of tradition and freedom is necessary the number of registration real estate the land or property, in case of not having such number with the number of identification card owner, together with a receipt of payment rights of expedition of the certificate. In some cases calls also the address of the property or premises. The certificate of tradition and freedom is requested before the Office of register of instruments circle public register them to which belongs the real estate or property. Document that represents the certificate of tradition and freedom can say that it is a reflection of the life of a property, since if is a faithful and complete reproduction of all registrations that have been made in the register of real estate. Certification obtained with this document allows a full transcript of the folios of registration real estate or in certain cases the reproduction thereof through effective means which guarantee a sharpness that step to fully understand the information and also represent durability. Within the certificate of tradition and freedom, may obtain the information about who is the real owner of a property and different figures affecting the property, such as embargoes, mortgages, encumbrances of valorization and all those limitations to the domain or any legal act affecting any legal business. Other information that may be obtained from the certificate of tradition and freedom are the same conditions of the property, since specified floors that has the property, if this does stop the horizontal property regime or if you have the desenglobe. The foregoing I could say that the importance of the certificate of tradition lies largely in the realization of different types of legal business which borne a good, since when it comes to the purchase of a property it is best that this does not have anything that affects it, therefore it is best corroborate the legal conditions to which this subject goodthus preventing any kind of legal problems in the future submitted to both the seller and with third parties.
| Posted in General | Comments Off on Freedom Property