The legal effect of the L.R. information
1. What is the probative value of the LR information sheet? Does the national law provide it with special legal nature, like a public document or authentic act? Are there different types of LR information with different degree of value?
The probative value of the LR information sheet is vary high. It’s a public document. There are not different types of LR information with different degree of value.
2. What is the degree of reliability of the information? Which are the effects given by the legal provisions in each country to this information, should it be necessary to carry out further investigations?
It’s 100% reliable information. No need for further investigations.
3. Are there any hidden liens?
There are no any hiden liens.
4. What effect does the issuing of the excerpt from the Land Register has over the land registry system?
There are no any hiden liens.
5. Is an excerpt from the Land Register necessary and sufficient for the assignment of the property right of an immovable (regarding the information provided by the Land Registry?)
The issuing of the excerpt from the land book has no effects over LR system.
6. Does the excerpt from the Land Register issued especially for real estate transaction have different effects from the excerpt from the Land Register normally issued?
The excerpt from the land book is necessary and sufficient for the assignment of an immovable.
7. Does the excerpt from the Land Book issued especially for real estate transaction have different effects from the excerpt from the Land Book normally issued?
No, it does not have different effects.
8. Is the excerpt from the Land Book necessary and sufficient for the assignment of the property right of an immovable (regarding the information provided by the Land Registry)?
The excerpt from the land book is necessary and sufficient for the assignment of an immovable.