Documentation.
At this stage your lawyer will get involved in the transaction, and you can give him Power of Attorney to sign the documents on your behalf, if you would prefer. He will obtain the following documents from the seller:
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• Certidão de Teor confirms that the seller has title to the property, and advises whether there are any outstanding mortgages on the property.
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• Caderneta Predial is held by the tax office and confirms the size of the property, its location and boundaries.
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• Licença de Utilização is issued by the town council confirming that the description of the property is in accordance with the property you are buying.
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• Plantas seller will provide plans of both the property you are buying and sometimes the whole development too. These allow both you and your surveyor (if instructed) to identify all parts of the property as planned and registered by the town council.
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• Ficha Tecnica de Habitação a new document and applies to all properties built from 1st January 2004. This gives all the information about the property such as the builders’ details, the materials used and who supplied them.
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• Seller identification is the identification document of the seller and will be provided to your lawyer along with his tax number.
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To buy a property in Portugal you don't need to learn portuguese, but it maybe useful to kown the name of the important documents and taxes.
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Costs of Buying a Property in Portugal.
Before buying anything you should know what is the total amount that you'll spend.
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