Decree 218 (Decreto 218/2005)

Decreto 218/2005 The documentation must indicate:

For Resale Properties: ·

• Address of the property · General description of the property · General description of the building or development ·
• Financial: i. Total price / Price of the annexes / Taxes that according to the law are payable by the buyer / Payment method / Validity period of the price/ ·
• Land Registry: i. Owner's registration details / Up to date charges on the property /Subjections, if applicable / Built or usable ii. This information must be supported via nota simple ·
• Year of construction of the property ·
• Percentage of the Community of Owners' fees, if applicable. ·
• If the building or development has got electricity access point, drinking water, telephone and gas. ·
• In the case of a property under the Horizontal Property Law. The consumer is informed that there are, at his disposal, the Statutes and rules of the Communities of Owner/Book of the Building/The insurances to which article 19 of Law 38/1999 ·
• Certification that the property is up to date on Land Tax payments

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