Any contract or business with patrimonial content can be formalized in a public deed, thus achieving the effects of a public document, evidentiary effectiveness, executive force, traditorial effects, or the possibility of registration, where appropriate, in the public registries.
Contracts capable of transferring real estate property:
The most common is the sale in which, for the benefit of the parties and due to the control of notarial legality, they are obliged to prove in the document, among many other things, the state of charges of the transferred property, the situation of the installments. of the community of owners, if applicable, the possessory state and the means of payment of the price.
Along with these, we can also indicate donations, community extinctions, transfers in exchange for a life annuity, in exchange for food or in payment of debt.
In all these public instruments, once the deed has been signed and by electronic means, the Notary Office can present it at the request of the interested party practically immediately at the Property Registry.
Financing or guarantee contracts:
The notarial work in the mortgage loan deed involves verification in the interest of the consumer of banking services of a series of legal requirements to ensure the transparency of the aforementioned operations.
These operations can also be carried out between individuals. Within this category we also find the recognition of debt.
Modifications of properties in the Property Registry:
Instruments that aim to modify or create properties in the Property Registry, such as segregations, groupings, divisions, declarations of new construction or constitution of the horizontal property regime. Notarial action is necessary to control compliance with urban planning regulations, its licensing regime and mandatory insurance.
