Property Registry Can Reject Documents That Only Warn of Litigation Without Requesting a Specific Entry
07 Aug 20269 views
Who is affected:
Private individuals and companies in litigation affecting registered properties; property registrars
Summary
A private individual attempted to have the Property Registry annotate a notice regarding a commercial lawsuit to block future sales. The registrar rejected it and the General Directorate confirms this decision.
Detailed analysis
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The General Directorate of Legal Security and Public Faith confirms that the registrar of Teguise acted correctly in denying the entry of presentation of a private document that merely communicated the existence of litigation over corporate shares. The document contained no registrable title, judicial order, or request…
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