Registration

1. Sort of registrations or records. Please, describe your LR system criteria regarding the type of registration applied.

In general, a digital copy—a scan—of the document is kept in the Land Registry. The digital copy is indexed, so that it can be retrieved. A ‘summary’ of the document is entered in the land register (technically, a sale is transcribed, a mortgage is inscribed, ‘incidents’ are mentioned in the margin of the transcription or the inscription and inscriptions are ‘removed’, e.g. if the loan secured by a mortgage is paid back).

2. Deadlines for registration. Must land registrars or LR offices make the registrations or entries requested within deadlines? Please, if applicable indicate which are.

The notaries have to apply for the transcription of their acts by presenting a certified copy of the notarial act, within a month of the date of the notarial act.

The Land Registrar makes the entry in the register of entries (see II, 3) the day of the acceptance of the application.

The Land Registrar returns the transcribed copy with a sort of stamp mentioning the date of the transcription and its number in the filing system within a month.

3. Registration fees. Please, describe the main features of payment of LR fees. If you find it useful, suggest an example of registration fees of a sale of a property valued in € 100.000 and if it’s possible a mortgage.

The fee can be paid after the registration but the Land Registrar can ask a provision.

The fee for transcription is calculated in function of the number of pages to transcribe. For example, the transcription of a 20 pages notarial act of sale will cost about 203 euro.

The fee for inscription is calculated in function of the guaranteed amount. For example, the inscription of a mortgage for an amount of 100.000 capital and 10.000 subsidiaries will cost about 180 euro (but note that a tax of 0,3 % of 110.000 is also due).