Understanding what is registration and public deed is a fundamental issue.

Both deeds and property registrations are documents related to the acquisition of real estate and have their own peculiarities.

Therefore, it is very important not to mix them to ensure that there are no future problems.

Even if you have a real estate agent during the entire process, it is necessary to acknowledge the public deed at the land registry in order to guarantee the importance of these documents and the ownership of the new owner of the property.

In addition, it is important that those involved also pay attention to the verification of this document.

Follow the reading to know how to differentiate these two documents!

 

Registration or public deed? What are the differences?

When you make the purchase of a property, in addition to the purchase contract, you need to prepare two documents to negotiate formally.

With these two documents, you will have no reason to give you headaches in the future.

These documents are public deeds and property registration, and they are done in that same order.

To give you an idea of each one and to be able to identify the differences, we have separated some important data below.

 

Public deed of the property

The public deed is usually drawn up by a notary or notarial office appointed by the real estate agency responsible for certifying the negotiations on the value and terms of purchase and sale of the property in question.

This document is drawn up after the signing of the purchase and sale contract, and the draft is prepared by a notary and subject to verification by the parties.

Its purpose is to identify possible errors before new signatures are collected.

At this stage, the buyer will have to bear the costs of the notary’s office, notary public and property tax.

 

Property registration

Property registration, on the other hand, can be compared to a birth certificate: when we are born, we need this document to personalize and prove our existence to society.

For property, the reasoning is the same. It needs an identification number to personalize and legally identify it.

In this way, the registry proves the property’s ownership.

The cadastre includes all the information about the property: urban or rural, registered or not, complete address, owner’s history, real and personal processes, and any encumbrances that may be imposed on the property in question.

This is the last document drawn up in the process of buying or selling real estate.

Normally, the request for its preparation is made by the notary who drew up the draft deed.

However, in some cases, the buyer or the real estate agent may be responsible for this process.

 

Importance of the property’s registration and deed

Many people confuse deeds with real estate registration because of their similarity, but we need to make it clear that there are differences between these documents and that both are very important.

While a deed involves the legal proof of a contract of sale of property, the real estate registration is the official ownership in the name of the buyer.

Without the latter, the former would have no definite value to justify this ownership.

Thus, when buying a property, the buyer needs to be aware that these two documents are indispensable to have the item in his name.

Therefore, the definitive transfer of the house or apartment from the seller to the buyer is only finalized and officially put into effect when the documents are registered in the land register.

 

Conclusion

In today’s article, you can learn what a real estate registration and deed is and what its importance is for buying and selling real estate.

Relying on the help of a reliable real estate agent or broker is fundamental for you to be able to negotiate everything with greater security.

In Plano Urbanismo we have a team of experts that can help you. If you have any questions, do not hesitate to contact us through our website. We are waiting for you!