The role of the Notary
In this article I have attempted to explain the role of the Spanish Notary.
The Spanish legal system is very different from the UK system where the concept
of ‘Public’ and ‘Private’ documents does not exist.
I have overheard many British people saying ‘it’s all okay because
we signed before a Notary’. Unfortunately this is not necessarily the
case.
Becoming a Spanish Notary is without doubt one of the most difficult posts
to attain. Many years of study are required and competition is intense. Their
role varies according to the particular transaction and the documents to be
signed. With regard to buying a property, no sale of property in Spain is valid
without the presence of a Notary. The Escritura (Title Deeds) must be signed
before the Notary in order that they can be registered at the Land Registry.
The Notary’s role is to ensure the legality of the sale, to certify the
presence of all the papers and identity of the people required by law to be
present and ensure that property buyers or sellers who do not speak Spanish
understand the nature of what they are signing.
Equally there are a number of other documents that must be signed before a
Notary in order to be legally enforceable in Spain. For example a power
of attorney must be signed before a Notary, and the same applies to a Spanish
Will. The formation of a limited company must also be signed before a Notary
whose fee will in each case be fixed according to a set scale.
However,
the Notary is not there to advise you and is not obliged to check the work
performed by your own lawyer, adviser or agent.
To illustrate how the unwary can be caught out I have used the following example.
Mr & Mrs Newcomer are buying a property in Javea from Mr & Mrs Sale
for € 280,000 euros. Within days of the offer being accepted contracts
are signed, 10% is paid to the vendors and completion before the Notary is
arranged to take place in 21 days’ time. The Newcomer family are excited
and take comfort from the misplaced belief that everything is being done officially
and therefore without risk. Having signed the Escritura before the Notary the
Newcomer family then discover that Mr Sale extended the property during 2003,
and built a pool in the garden without having applied for a building licence
for either project. The Town Hall subsequently become involved levying fines
and insisting that part of the house be pulled down. Mr & Mrs Newcomer
protest on the basis that everything was signed before a Notary. Unfortunately
they then discover that the Escritura makes no reference to the pool or the
extension, and they are now lumbered with the problem. I am sure many readers
will know of people who find themselves in a similar situation.
© Sleepwell Marketing S.L.. 2005 – All rights
reserved.
Information courtesy of Marc
White LL.B. (English Solicitor) - Visit homepage
If you have any questions
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