{"id":10478,"date":"2019-08-02T11:03:12","date_gmt":"2019-08-02T16:03:12","guid":{"rendered":"https:\/\/quadranslawandfinance.com\/?p=10478"},"modified":"2019-08-02T11:08:02","modified_gmt":"2019-08-02T16:08:02","slug":"importance-of-registering-a-property","status":"publish","type":"post","link":"https:\/\/quadranslawandfinance.com\/en\/blog\/importance-of-registering-a-property\/","title":{"rendered":"Importance of registering a property"},"content":{"rendered":"<p>From the moment a property is bought, a deed should be signed and the corresponding real<br \/>\nestate taxes should be paid in order to acquire the ownership rights of the real property.<br \/>\nSuch inscription should be done before the Public Registry of Property and Commerce<br \/>\n(RPPyC).<\/p>\n<p>The Public Registry of Property and Commerce is an institution aimed at providing<br \/>\ninformation about the legal state of any property and the possession of real estate. It is a<br \/>\npublic entity that allows all individuals to consult specific information of a property.<\/p>\n<h3 style=\"text-align: center;\">To authenticate your ownership of a property allows you have rights over it.<\/h3>\n<p><strong>Subsequent to the inscription, an insurance against potential future problems is acquired and<\/strong><br \/>\n<strong>it is guaranteed that the buyer:<\/strong><br \/>\n\u25cf Will be recognized as the sole and legitimate proprietor.<br \/>\n\u25cf Will acquire a deed with legal validity.<br \/>\n\u25cf Will be protected before the seller\u2019s creditors.<\/p>\n<p>Every state has its own Public Registry of Property and Commerce, which are driven by their<br \/>\nown laws and civil codes. However, the fundamental purpose of the institution does not vary<br \/>\nacross the country.<\/p>\n<p>The notary that helps you conduct the process to buy the property is the one with the<br \/>\nobligation to register the operation and the deed with the conditions of the purchase and sale<br \/>\nagreement before the Public Registry of Property and Commerce.<\/p>\n<p>If the purchase of the real estate is carried out using a mortgage loan, then it is through a<br \/>\npublic deed that the RPPyC is notified of the new legal status of the property.<br \/>\nIn that case, although the owner is recognized, it is also considered that there is still a<br \/>\npending loan. Once it is paid off, the debt relief must be shown through a Release of Lien<br \/>\nform.<\/p>\n<p>If you are about to acquire a property, carry out a relocation, transfer of rights, or any<br \/>\npurchase and sell process, you should consult the RPPyC. This will ascertain the<br \/>\nauthenticity of the information on the property, as it will show how many times it has been<br \/>\nsold or been mortgaged.<\/p>\n<p>At QuAdrans Law and Finance we are aware that these proceedings require specialized<br \/>\npersonnel on the matter. Thus, we offer distinguished real estate attorneys that will help you<br \/>\ncomply with all requirements needed to register your property.<\/p>\n<h4 style=\"text-align: center;\">Legal and Accounting Consulting in Playa del Carmen<\/h4>\n","protected":false},"excerpt":{"rendered":"<p>From the moment a property is bought, a deed should be signed and the corresponding real estate taxes should be paid in order to acquire the ownership rights of the real property. Such inscription should be done before the Public Registry of Property and Commerce (RPPyC). The Public Registry of Property and Commerce is an [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":10474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-10478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Importance of registering a property - QuAdrans law and finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/quadranslawandfinance.com\/en\/blog\/importance-of-registering-a-property\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Importance of registering a property - QuAdrans law and finance\" \/>\n<meta name=\"twitter:description\" content=\"From the moment a property is bought, a deed should be signed and the corresponding real estate taxes should be paid in order to acquire the ownership rights of the real property. Such inscription should be done before the Public Registry of Property and Commerce (RPPyC). 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