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Category: Glossary

  • IMT – Property Transfer Tax

    IMT – Property Transfer Tax

    The IMT (Property Transfer Tax) is a tax paid to the State whenever a real estate transaction takes place within national territory. It is the most important tax to consider when purchasing a home, as it is the most expensive and must be paid on the date of the public deed. The amount of this […]

  • The Public Deed – What Is It?

    The Public Deed – What Is It?

    The public deed consists of the act in which the purchase and sale of a property is established. It is carried out through a contract and is the final stage of the process.

  • BUSINESS TRANSFER

    BUSINESS TRANSFER

    A Business Transfer involves the transmission of ownership of a commercial or industrial establishment, transferring all or part of the commercial/industrial activities of an establishment to another person. This process is commonly used when a business owner decides to cease their activity, change sectors, or simply sell their business. The transaction can include the sale […]

  • MUNICIPAL DIRECTOR PLAN (PDM)

    MUNICIPAL DIRECTOR PLAN (PDM)

    The Municipal Director Plan is an indispensable legal instrument in the management of municipal territory. It defines the municipality’s strategic territorial development framework. It is the reference for the preparation of the remaining municipal plans (Urbanization Plan and Detailed Plan). It is articulated with national, regional or intermunicipal territorial management instruments, integrating the planning conditions […]

  • THE RIGHT OF PREFERENCE

    THE RIGHT OF PREFERENCE

    The right of preference in the purchase or sale of a house is provided for by law and obliges the seller to give preference to the person or public entity that has priority in the purchasing of that property, that is, the holder of this right. In short, it sets priorities among potential buyers in […]

  • LIVE AUCTION – WHAT IS IT?

    LIVE AUCTION – WHAT IS IT?

    Live Auction is the development of procedures for the public sale of movable assets and Real Estate to the bidder who offers the best price/the highest bid.

  • EQUITY VALUE – WHAT IS IT?

    EQUITY VALUE – WHAT IS IT?

    The Equity Value is the value assigned to each property or land for tax matters, expressing the actual value of a property in a given year.

  • PRIVATE NEGOTIATION – WHAT IS IT?

    PRIVATE NEGOTIATION – WHAT IS IT?

    Private Negotiation brings you Solutions Made For You! Private Negotiation consists of the submission of OFFERS BY PRIVATE NEGOTIATION, where the interested parties must send the same in writing and address their offers to LEILOSOC® Worldwide by the last day of the sale diligence, by e-mail to geral@leilosoc.com or by letter to the headquarters of […]

  • ONLINE AUCTION – WHAT IS IT?

    ONLINE AUCTION – WHAT IS IT?

    The Online Auction is the ideal form of sale for doing good business!

  • PROPERTY ROOT – WHAT IS IT?

    PROPERTY ROOT – WHAT IS IT?

    The property belongs to a specific person who does not have possession, use or enjoyment. The right to full property is divided into the right of root or mere property that remains in the ownership of the owner and the right of usufruct of which the usufructuary becomes the holder. Is it possible to sell […]

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