When the search phase for a property ends and the client finds what they really wanted. How does the The time comes to formalize the purchase and sale negotiations and define who owns the property. And it is at this moment that the property registry enters into negotiations. Registration must be carried out at the registry office where the property is located, and is only inspected by the Judiciary. After obtaining all the necessary certificates. It is necessary to draw up the purchase and sale deed at a notary’s office and transfer the property’s registration. This entire process must be carried out at the registry office in advance. Furthermore, the expenses for property registration are borne by the purchasing party at the time of entry of the document to be registered.
Generally this entire process occurs as follows
The registry office will receive the property’s documents, such as public deeds. Purchase and sale contracts, mortgages, etc. These documents must be presented by those involved who wish to register or carry out an endorsement. Document Analysis: Next, an analysis of the documents presented will be carried out to check whether they are UAE Phone Number Data regularized and in accordance with real estate legislation. He will also verify the authenticity of the signatures and the validity of these documents. Property registration: After this analysis and confirmation that the documents are adequate, the Notary’s official will register the property. In other words, information about the property will be placed in a book and then in a system making the registration official and identifying it at the Notary’s Office.
The registry office may also issue certificates proving the legal
They can be requested by owners, those who want to buy, lawyers, etc… Announcements. As we have already mentioned. If necessary, the notary will also carry out endorsements, such as mortgage, transfer, change in the owner’s marital status, among others. In general, this is how the Property Registry Office works, however, we emphasize UAE Phone Number List that how it works may vary according to local legislation. Therefore, it is recommended that you consult the Notary’s Office of the municipality where the transaction will be carried out. The need for registration with a notary for buyers and sellers As we can see. The Property Registry Office is very important, both for buyers and sellers of properties. And of course, it is also essential for brokers and real estate agencies. As it ensures that the property transaction is complete.
