Property Deed in Portugal | Dofollow Social Bookmarking Sites 2016
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In Portugal, the property deed, known as escritura pública, is the legal document that finalizes the transfer of ownership of a property. It is a vital step in the real estate transaction process, and it must be executed in the presence of a notary public. The deed outlines all key details about the property, such as its location, size, and boundaries, as well as the identities of the buyer and seller. The notary ensures that the transaction complies with all Portuguese laws, and the document is officially registered with the Land Registry (Conservatória do Registo Predial), making it legally binding.

To complete the property deed in Portugal, both parties involved—buyer and seller—must sign the document in front of the notary. Prior to signing, it is essential that the buyer conducts due diligence to ensure that the property is free of any legal issues, such as unpaid taxes or unresolved debts. Once the deed is signed, the buyer must pay the final purchase amount, including notary fees, registration fees, and taxes. After the deed is registered, the buyer officially becomes the legal owner of the property. It is advisable to work with a legal representative or a buyer's agent to ensure the process is handled smoothly and that all legal requirements are met.

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