Land documentation: what is needed to acquire lots for developments

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bithee975
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Joined: Sun Dec 22, 2024 3:22 am

Land documentation: what is needed to acquire lots for developments

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Finding a plot of land in an ideal location to build is the dream of many companies. But it is not enough to choose the location and pay. You need to know the processes to legally own the land and avoid legal problems in the future. Therefore, you need to know the necessary land documentation.

But you must be wondering: – What is the procedure? Where to go? What france email database bring? What is the payment process like to avoid being scammed or even suffering some kind of loss? I will answer these questions in another article on the CV Blog.

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Summary
The documentation
Land deed vs. property registration
The land deed and its role when making a purchase:
Other modalities to watch out for
About Legality
One more observation
Payment
Small attentions needed
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To begin with, you need to know that documentation is time-consuming and expensive. Therefore, you need to be careful and understand what steps you should take and everything you need to do before buying land.

Knowing every detail is crucial to ensure that your purchase is safe for you and that the deal ends up being successful. What you need to be aware of is that it won't always be easy to find a plot of land that is 100% up to date from a documentation point of view.

And that is exactly what we are going to talk about in the following paragraph.

As I mentioned before, these documents, in addition to being expensive, take a long time to complete. In view of this, the purchase you are considering needs to be planned and guided by a professional who understands everything you need to know.

This way, you can be sure that you will be on the right track to close a good deal.

The documentation
Now that you know that you need to separate the documents, it is important to understand that they will be checked and this includes:

Property Deed: Issued at the Notary's Office.
Full certificate (Buyer's Documentation);
Updated property registration;
Burdens and actions;
IPTU;
Disposal documents;
Negative debt certificate (Negative certificates of tax and labor debts);
ITBI Guide;
Personal documents (ID and CPF, Proof of residence, Marriage or birth certificate, Proof of income) ;
Remember to consult a specialized real estate agent for specific guidance on the land and the acquisition process.
With all land documentation, it is essential that you consider information regarding the previous owners, previous purchase and sale contracts, as well as any works/demolitions on the land, if any.

But before we delve into the land documentation to acquire lots for developments, let's first explain something that raises many doubts on the subject: the confusion between land deeds with contracts and property registration.

Land deed vs. property registration
Some people tend to confuse the two subjects, but understand that they are all different and fundamental documents at the final moment of closing any negotiation.

So, let’s understand the functionality of each one below?
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