What is the property?
The predial is a term commonly used to refer to the predial tax or property tax. This tax is a contribution that owners of real estate, such as land, houses, apartments, and other types of real estate, must pay to the local or municipal government.
This tax is used to finance public services and works in the community, such as street maintenance, street lighting, security services, education, health, and other services. The amount paid is usually calculated based on the property’s assessed value, which is an estimate of the property’s market value. The government determines the property tax rate and due dates for payment, which vary by location and local regulations.
Requirements for change of owner
All documents must be presented in original and copy for comparison:
1. Letter addressed to the sub-treasurer of cadastre and territorial register indicating: full name of the interested party, address to hear and receive notifications, property account number, landline and/or mobile telephone number and email.
2. Evidence of ownership in any of the following ways:
a) Property deed, registered in the Public Registry of Property and Commerce, in case it is not registered, it must also present a valid Original Letter (no more than six months) from the Notary Public, indicating that it is in the process of registration.
b) Judicial sentence, enforceable registered in the Public Registry of Property and Commerce.
c) Private sales contract, ratifying before a judge registered in the Public Registry of Property and Commerce.
3. Current Official Identification (voter’s card, passport) or professional ID, or Temporary FM3 or Permanent FM2 (in the case of foreigners).
4. Property Ticket or Proposed Declaration of Cadastral Value and Payment (no more than three months).