Property Registry rejects registration of bare ownership assignment made by private deed without public deed
16 Jul 202687 views
Who is affected:
Property owners who wish to transfer or assign real rights over their assets
Summary
A couple attempted to assign the bare ownership of their home to their daughter through a private document, but the Registry rejected it for requiring a notarial public deed.
Detailed analysis
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The General Directorate of Legal Security confirms that the Property Registry correctly denied the filing of a private document to register the assignment of bare ownership of a property and garage. Mortgage legislation requires that acts transferring ownership of real estate be evidenced in a notarial public deed to a…
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