Title Deed
Definition
The title deed (escritura publica de compraventa) is the notarised legal document that transfers ownership of a Spanish property from the seller (or developer) to the buyer. It is signed in the presence of a Spanish notary on completion day, records the purchase price and all relevant details, and is then registered at the Land Registry to formally establish the buyer as the legal owner.
Why It Matters
The title deed is the definitive proof of property ownership in Spain. Registration at the Land Registry is essential and without it the buyer's ownership is not fully protected against third-party claims.
Where It Appears in the Buying Process
The title deed is signed on completion day, the final stage of the buying process. It follows all the prior stages including reservation, private purchase contract, and stage payments.
Related Questions
How Does Buying Off-Plan Work in Spain?
Buying off-plan in Spain follows a five-step process: reservation, private purchase contract, staged payments during construction, mortgage approval, and completion at the notary.
How Long Does an Off-Plan Purchase Take?
An off-plan purchase in Costa del Sol typically takes 18 to 36 months from reservation to completion, depending on the construction stage at the time of reservation.
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