The Property Registry may reject the registration of judicially approved dation in payment agreements if there are third-party charges
07 Aug 202614 views
Who is affected:
Mortgage creditors, debtors, holders of registered charges and real estate law professionals
Summary
The General Directorate confirms that a judicial order approving a transaction is not sufficient to register a dation in payment or cancel third-party charges without their consent.
Detailed analysis
PRO
The DGSJFP resolves an appeal against the negative qualification of the registrar of Villanueva de la Serena, who suspended the registration of a judicial transaction approval order in mortgage execution proceedings. The registrar alleged two defects: that the approval order is not an inscribible title by itself, and t…
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