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The General Directorate of Legal Security and Public Records has suspended the registration of a rural property because the one-year gap required between two transfer public documents under Article 205 of the Mortgage Law has not been met. This relates to a June 2024 sale deed accompanied by a prior June deed, which fails to comply with the required period. The decision affects property registration in Ourense.
Owners or buyers of rural properties in Ourense are at risk of having their property registration suspended if they fail to meet the one-year deadline between transfer titles. Registration authorities must review the submitted documents to verify compliance with Article 205. Real estate advisors should inform their clients about the required deadline and the need for proper documentation.
The tax team reviews your specific situation.
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