Knowledge Base 4: The Nota Simple – Whats is it and why is it important in property sales.
If you’re considering buying or selling property in Spain, one important document you need to obtain is the “nota simple.” This is a document that certifies the title of ownership for land or real estate in Spain, providing a detailed report of the property that is on the market.
The nota simple contains essential information about the property, including its legal status, ownership, and any outstanding debts or charges. This is crucial for anyone looking to buy or sell property in Spain as it helps ensure that the transaction is legal and transparent.
Obtaining a nota simple is relatively easy and can be done online or in person at the Land Registry. You will need to provide the name of the owner, whether that be an individual or company, and their ID or passport numbers, or alternatively, you can search the property’s finca number. The price of getting a nota simple varies depending on where you are in Spain, but it’s usually cheaper to get it in person (around €3) and more expensive if done online (around €9).
It’s important to note that the nota simple will only be available in Spanish, and there should be a legitimate interest in buying the property. A property lawyer can also assist in obtaining and checking the nota simple to ensure that everything is above board.
The information contained in the nota simple is a full and comprehensive property report that includes a brief property description, its boundaries, ownership details, and if there are any charges or liens against it. This is crucial information to have before making any property transaction in Spain.
As an estate agent based in the Hondon Valley for the last 16 years, we highly recommend obtaining a nota simple before buying or selling any property in Spain. It’s an important step in ensuring a legal and transparent transaction, and can provide peace of mind for all parties involved. This documents is normally dealt with by your lawyers so it is not imperative for you to obtain one, but it is useful to know what one is.
Contact us today for more information on buying or selling property in Spain.
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Our website is full of useful information for buyers and sellers alike. We have information and advice videos, free to download eBooks as well as blogs and articles to educate our buyers and sellers so they make the most informed decisions.
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Buyers ebooks: https://hondonvalleyhomes.com/free-buyers-guide/
Buyers FAQ: https://hondonvalleyhomes.com/faq_categories/buyers-faq/
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Sellers eBooks: https://hondonvalleyhomes.com/free-sellers-guide/
Sellers FAQ: https://hondonvalleyhomes.com/faq_categories/sellers-faq/