The final phase in the property buying process is the signing of the notarial deed. While this step is generally straightforward, complications can arise if it’s not managed correctly. Making sure all the documents are accurate and compliant with legal standards, and that the necessary funds are ready, should be entrusted to professionals. The real estate specialists at serviciosdextranjeria are here to support you and help ensure your transaction concludes smoothly, avoiding potential future complications.

What is a Notarial Deed?

In Spain, the notarial deed is the official legal document that formalizes the transfer of property ownership. It is signed before a notary, and often in the presence of lawyers, who confirm the legitimacy of the signatures and verify that no last-minute changes have occurred in the property registry.

What Should Be Done Before Signing the Notarial Deed?

Prior to signing, it is essential to carry out a thorough check of the property and confirm that all documentation is current and correct. Ensure that funds are accessible as per the agreed payment terms, and that any mortgage loan has been approved by the bank under the agreed conditions, in line with the latest Mortgage Law. Our legal team will handle coordination with trusted notaries, providing all necessary details to ensure a smooth and successful signing process.

What Happens After the Notarial Deed Is Signed?

Once the deed is signed, the property ownership is officially transferred to the buyer. At that moment, the agreed purchase price is paid to the seller, completing the transaction. The final step involves submitting the deed to the appropriate Property Registry for formal registration.

What If I Can’t Be There to Sign the Deed?

If you’re unable to attend the signing in person, you can grant power of attorney to one of our attorneys, who will act on your behalf. They will handle the signing and ensure all legal steps are completed, including registering the property.

At serviciosdextranjeria, we understand that concluding a property purchase can be stressful. Managing the notarial deed and securing your legal ownership shouldn’t be done alone. We’ll make sure you have everything in place to confidently complete this final stage. If you have questions about notarial deeds in Madrid, or the legal procedures involved in buying or selling property anywhere in Spain, our experienced team is here to assist you.