The deed of horizontal division of a cooperative is not covered by the exemption under Article 34 of Law 20/1990

A housing cooperative inquires whether the deed of horizontal division of an estate is exempt from ITPAJD under the regime for specially protected cooperatives. The DGT responds that the exemption in Article 34 of Law 20/1990 applies to the acquisition of goods and rights, not to documented legal acts such as horizontal division.