Simple Note
A nota simple is a legal document often heard in Spain. In this short article we give an overview of what it is and why it is so useful. It is important for a number of reasons and applies to a wide range of cases. In simple terms, it is one of the most important documents used in the Spanish property transfer process. Definition A nota simple is an official report from the land registry that gives a brief description of the property, its boundaries, the details of the property and whether it is in debt or free of any encumbrances. When is a "simple note" required? To buy a property To sell a property. For a rental property. To apply for a mortgage. For an asset search. For a matrimonial proceeding. For inheritance proceedings. For inheritance proceedings. For the collection of debts. When the Fraud Unit is looking for ill-gotten assets in Spain. Private detectives. What information can be found in a "nota simple"? Current property. Current property. Type of property (freehold, leasehold, rural, urban, OPV, etc.) General description of the property. Its delimitation Charges, debts, etc. Other. Who needs a "simple note"? Matrimonial proceedings: tracing the Spanish property of one party. Inheritance proceedings: tracing of the Spanish assets of a deceased person. Debt recovery: locating assets in Spain belonging to individuals or legal entities, legally seizing them (a separate legal service applies, please consult us). Buying, selling or renting a property in Spain: find out if a property has encumbrances or debts, long term tenants, if the seller is your contact (avoid selling or renting scams), if a property is classified as rural or urban, if there are legal proceedings pending against it (seizure, unpaid taxes, unpaid community fees, legal limitations, etc.) Loan applications: if you are applying for a loan (mortgage) on a property, you will be asked for this updated document.