What are the main changes to registry system in 2009?

What changes in 2009 in registry?

On 1st January, 2009, enter final phase in the reform of the land register, which will, among other innovations, the Lawyers can conducting a series of acts which, to date, belonged solely and exclusively for notaries.

Thus, already from the day 01 January 2009, various services will be provided in a single window, in particular, contracts for the purchase and sale of real estate, mortgage, donation; sharing; contracts promise with real effectiveness; pacts preferably with a real effectiveness; constitution or change of ownership horizontal; constitution or modification of the right to regular housing; transfer of assets to creditors; consignment of income; division of common things; extrajudicial transactions; mutual value of more than € 20000.00 (Twenty Thousand Euros ), Transmission of credit secured by mortgages; resolution of legal transactions in real estate (for example, the purchase and sale, donation, etc.). And all the legal facts, which determine the formation, recognition, acquisition or modification of property rights, enjoyment, use and housing, land or servitude.

The so-called single desk, is in fact made up of five distinct entities, the only authorized to provide such service, which correspond to the Land Title Register, the attorneys, the Chambers of Commerce and Industry, the Solicitors and Notaries. Thus, any of these entities enter into such acts involving a real estate transaction through private documents or deeds and it then promote the achievement of record avoiding travel.
What are the benefits of reform?
 
First, the costs. If there is competition between various entities providing the same kind of service, prices tend to suffer a decline, which will, necessarily an energizing the economy, resulting from the fact that companies (and individuals) significantly reduce the costs of the commercial real estate transactions.
Another big advantage was the elimination of several documents absolutely unnecessary that only created delays in the system and contributed to a larger bureaucracy. Thus, for example, several records were destroyed in the intermediate transfer of ownership of buildings by inheritance. Previously, in case of death of the owner of a building and whether their children would have wanted to sell it as the first record on their behalf. Currently, registration can be made directly on behalf of those to whom the property is sold.
What measures coming into force on January 1, 2009?
 
Many news: In addition to creating one-stop shop, from the entities listed, it is possible to commit an act of the land register through the Internet, there will be the provision of a permanent certificate of the land register ‘online’ – as has already been happens within the commercial register – and also eliminated the rule of territorial jurisdiction of the Land Title Register.
Pass still be possible to obtain documents from another government department by the Land Title Register, as well, there is the possibility of transmission, electronically, with all the information necessary to exercise the right of first refusal by public authorities.

What is the service preference online?

When, for the sale of a property, you must give notice to public entities that can exercise their right of first refusal, the seller has the burden of having to obtain a certificate of such entities on how they give up their right so that becomes possible for sale. As of January 01, 2009, just as the seller enter the house once and electronic data from sale in www.casapronta.mj.pt. Public authorities with a right of first refusal have been given to express the intention of exercising the preference in that site. The seller no longer has to report to various entities, by different routes, the sale of the house (examples: Local authorities, IGESPAR) and the need to obtain a certificate that those entities do not intend to exercise the right of first refusal. This system is already available in places where there is a counter “House Ready,” the site www.casapronta.mj.pt and will be extended to all entities that provide services under a single window, from January 1, 2009.