Selling your home? Here’s the list of key documents you’ll need to gather and provide to the notary and/or the buyer.
In addition to the deeds and proof of payment for household utilities, there are a number of documents required to successfully carry out the sale of a property. Do you know them? Here we explain what they are, who issues them, what they are used for, and their estimated cost in the Valencian Community.
Land Registry Extract (Nota Simple)
The nota simple is a document that indicates the current legal status of any real estate property. It describes the main characteristics of the property (size, location, etc.), identifies the registered owners, and specifies whether there are any charges (such as a mortgage) or other notices. If you have the necessary details (address, registry information, or cadastral reference), the nota simple can be obtained online at www.registradores.org
for €10 or in person at the Land Registry Office for €3. This document is usually provided by the real estate agency to the potential buyer so they can verify the property’s registration status.
Energy Performance Certificate
This is an official document issued by a surveyor or technical architect after visiting the property. It reports on the energy efficiency of the home in relation to its size and characteristics, assigning it a rating on a scale from G (lowest efficiency, least favorable rating) to A (highest efficiency, ideal rating). The cost starts at around €100 and varies depending on the size of the property.
Certificate of Solvency from the Homeowners’ Association
This document is issued by the property manager or, if none exists, by the president of the homeowners’ association. It certifies that all ordinary and extraordinary community fees are up to date and specifies any approved special assessments related to the property. This document is essential for the buyer at the time of sale. Its cost is set by the property management and usually amounts to around €30.
Bank Certificate of Debt or Outstanding Balance (if you have a mortgage)
This is a letter issued by the bank that specifies the outstanding principal and interest of the mortgage loan, as well as the identity details of the borrowers and the property purchased with it. It ensures that, when selling the property, the buyer can pay off the pending debt directly to the bank, which in turn confirms the economic cancellation of the mortgage. Its cost may vary, but it should not exceed €100.
Proof of Payment of Latest Bills
The most recent property tax (IBI) receipt and waste collection fee, along with proof of payment, must also be presented to the notary to verify that all payments are up to date.
Certificate of Habitability or Second Occupancy License
In the case of second-hand homes, this document certifies that the property meets the minimum habitability standards required by law and allows the transfer of ownership for water and sewer services.
At Magenta Living, we take care of managing all the documentation required for the sale of your home and guide you through every step of the process. Contact us and let us help you with your property sale!