The property registry filing details the owners of the property and any charges against it, mortgages pending payment, usufructs, conditions precedent, associated levies and limitations of use.
When might you need the property registry filing for a property?
You must include the property registry filing in the house purchase file when applying for a mortgage. When a property is being appraised, you must provide this document to the appraiser who visits the property. This document cannot be more than three months old.
What information does the property registry filing contain?
The property registry filing contains important information on the property, such as its description, location, dimensions, ownership and acquisition date. It is divided into several sections, including:
- Property registration details
this section identifies the type of property: whether it is in the countryside, the mountains, a village or urban. It also details its dimensions and the square metres it covers, its orientation, boundaries and use, for example, if it is used as commercial premises, and its unique registration number (CRU or IDUFIR).
- Ownership of the property
This section provides the name and tax information of the property's owner or owners. It also details the proprietary or communal nature of the property and how it was acquired, e.g. by inheritance, purchase, etc. It includes the name of the notary who authorised the deed and the date of this.
- Charges on the property
This is most important information in the document. The property may be subject to real charges or encumbrances, in the form of mortgages or limitations on use. The information on registered charges is very important. This tells you about any outstanding debt related to the property for mortgage arrears, and the financial obligations of the property owner that the new owner would acquire if the current owner does not settle them.