Reply To: Buying an off plan property without escritura

#67370
Anonymous
Participant

Hi Vince,

What I meant was that there is no escritura unique to a property. Each time it is sold a new escritura is created, signed by buyer and seller, or should be. If as you say the developer has not subdivided the plots then perhaps Gary should ask the developer to obtain a segregation licence for his plot but looking at the general text of what has been said I think good and prompt legal advice is urgently needed. Perhaps a start could be obtaing an extract from the Land Registry to see what the current ownership situation is and if there are any “charges” on the property.

Best regards

Terry