Page 13 - A guide to buying a new property in Valencia
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A Guide to buying
COMMUNITYOFVALENCIA
new property in the 









Completion

5.




The transferring of legal ownership on completion of the purchase takes 

place in a Notario’s of ce. The Notario (Notary Public) is a public of cial 

who has been appointed to perform certain legal duties in the district. He will 

prepare the conveyance document (“Escritura de Compraventa”). Although 

the Notario will generally request a Land Registry search immediately prior 

to the signing of the Escritura de Compraventa, he does not carry other 

searches and investigations. He has no responsibility in the event of a 

misrepresentation by the seller or the buyer. It is also important to note that 

it is possible to waive the requirement of research being carried out prior to 

completion if the parties consent. Often the buyer agrees to such a waiver 

without understanding the implication of this.


Once the Escritura de Compraventa has been signed before the Notario all 

taxes must be paid and the Escritura de Compraventa should be presented 

to the Land Registry for registration.
















































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