Due diligence inmobiliaria

A complete review of a property before buying it, to know exactly what is being bought and with what risks. The legal part: nota simple (ownership, mortgages, seizures, easements), planning status at the town hall (licences, infringement files, non-conforming status), occupation licence and consistency between Registry and Cadastre. The economic part: debts with the community and approved special levies — the administrator's certificate is compulsory in a sale —, IBI and refuse tax up to date, and tenants with a right to stay or to buy. The technical part: the real condition of structure and installations. On the Costa Blanca it makes particular sense for villas on rural land, old extensions and homes intended for holiday rental. It is done by a lawyer or surveyor independent of the seller, before the deposit contract: afterwards, whatever is found can no longer be negotiated.