What are the requirements to register a Purchase of a Property according to the Public Registry of Nicaragua?
The acquisition of a property in Nicaragua must be formalized through a public deed prepared by a notary incorporated and authorized by the Supreme Court of Justice, together with this deed must be submitted to the Land Registry Municipal Solvency (Proof of payment of the Property Tax), Appraisal of property and Payment of transmission tax and Cadastral Certificate, which is a document that includes the physical data of the property, such as location and area, according to the official cartography.
BUY SALE
Assessed Cadastral / Receipt of Payment of IR / Cadastral Certificate / Municipal Solvency / Public Deed
BUY SALE NUDA PROPERTY
Municipal Solvency / Public Deed / Cadastral Certificate / Cadastral Appraisal / IR Payment Receipt
BUY USUFRUCT SALE
Public Deed / Cadastral Certificate
BUY FORCED SALE
Cadastral Certificate / Cadastral Appraisal / Public Deed / Judicial Certification / IR Payment Receipt / Municipal Solvency
BUY INDIVIDUAL SALE
Public Deed / Cadastral Appraisal / IR Payment Receipt / Municipal Solvency / Cadastral Certificate
BUY TOTAL SALE
Cadastral Certificate / Municipal Solvency / IR Payment Receipt / Public Deed / Cadastral Appraisal