The Property Registry suspends the cancellation of a resolutory condition for not using a notarial deed
01 Jul 202654 views
Who is affected:
Buyers and sellers in real estate transactions with deferred price and resolutory condition
Summary
The General Directorate resolves a matter on whether a private document with notarially authenticated signature can cancel a registered resolutory condition, or if the notarial deed agreed in the deed of sale is mandatory.
Detailed analysis
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The DGSJFP analyzes whether the cancellation of a resolutory condition can be carried out by means of a private instrument with notarially authenticated signature, when the original deed of sale expressly agreed the notarial deed as the cancellation mechanism. The registrar of Algeciras nº2 suspended the cancellation d…
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