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V0499-22 ·14 March 2022 ·consulta-vinculante Medium impact
Tax

Consolidation of ownership does not expire due to the expiration of the acquisition of bare ownership

The taxpayer asks whether the consolidation of full ownership of a property has expired because the acquisition of the bare ownership had already expired. The DGT rules that these are distinct moments of enforceability and that the limitation period for consolidation begins to run once the usufruct is extinguished.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between the limitation periods for acquiring bare ownership and the subsequent consolidation of full ownership, preventing the loss of rights through the expiration of the former.

Lifecycle

2022-03-14PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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