Certificate of tradition and freedom Real estate
The certificate of tradition and freedom, is a document which is acquired primarily for full legal information that may have a building or land, in regard to the various encumbrances and charges levied on a property, just as to who bear the actual possession and even former possessions they could provide a good, in other words the certificate of tradition and freedom is the ideal way to learn the status of all those real estate that are subject to registration.
The tradition and freedom certificate is issued immediately, in all those offices which count on a standardized model record, in case you do not expect these conditions will be issued in a period not to exceed the following day.
For issuing certificate of tradition and release is necessary license number of the property or real estate property in case of not having such a number with the number of the owner’s identification card along with a receipt on the rights of issue . In some cases, also called the address of the property or premises. The certificate of tradition and freedom is sought with the office of registration of public registry of the circle to which it belongs the property or premises.
The document is the certificate of tradition and freedom we can say that is a reflection of the life of a property, since it itself is a faithful reproduction and total of all entries have been made in registering property.
The certification is obtained with this document allows for full transcript of the folios of the property or in some cases playing them through effective means to guarantee a crisp pass that information to fully understand and that also involve durability.
Within the certificate of tradition and freedom, you can obtain information about who the real owner of a property and different shapes that affect the property such as liens, mortgages, liens for recovery and all the limitations of property or any act Legal affecting any type of legal business.
Other information that can be obtained from the certificate of tradition and freedom, are the very conditions of the property, since it specifies the floors which has the property, if this does stop the horizontal property regime or if you have the desenglobe.
From the above it could say that the importance of tradition certificate lies in large part to the time of completion of different types of legal transactions that fall on a good, since at the time of purchase of immovable property best is that it does not possess anything that affects it, so it’s best to verify the legal conditions to which this subject is good, thus preventing the submission of any future legal problems with both the seller and with third parties.





