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Parameters to qualify the status of a property

01.30.2011 · Posted in Accounting, Real Estate

Parameters to qualify the status of a property

a. Excellent: Like new. Does not require repairs, painting, bathrooms, floors, kitchen, and clusters and finishes ideal state.

b. Good: Although there needs to be renovated must be under repair paint, outlets, bathrooms, flooring or other finishes.

c. Regular: Habitable, but require some repairs that are important in plastering and painting, floors, clusters and / or kitchens.

d. Bad: immediately habitable. Have setbacks of moisture, leaks and operation of bathrooms, kitchens and / or laundry.

e. Worst: No habitable. There are arrangements to have her all kinds: structure, moisture, leaks, networks and / or utility connections.

Place a rental fee to a property, business or commercial premises that are not commensurate with respect to the property sector causes some problems such as those that diminish the utility, taking long at the end of a transaction or in the worst case, no can be found throughout the negotiation for a buyer. That is, the importance of this activity for which we have this suggestion.

The advice is to get advice from a licensed appraiser in order to establish the rental value and receive advice on the matter. However, if the owners decide to calculate for themselves should undertake the following (knowing above all that the law based on the cost cannot exceed one percent of total trade well and in other property no maximum amount).

Certificate of tradition and freedom Real estate

12.01.2010 · Posted in Accounting

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.