Question 1

What documentation is needed to buy a property?

Accepted Answer

Required: property title, domain and inhibitions certificate, municipal tax, expenses if applicable, and verification of service debts. The notary performs all the investigation.

Question 2

What is the maximum duration of a residential lease?

Accepted Answer

According to Law 27.551, lease agreements have a minimum duration of 3 years. Longer terms can be agreed upon. Automatic renewal applies only if neither party expresses contrary intention.

Question 3

What expenses does property purchase involve?

Accepted Answer

Beyond the price, the buyer pays: stamp duty (1-2% depending on province), notary fees (1-2%), gross revenue tax (variable), and registration expenses. In total, approximately 5% of the value.

Question 4

Can a lease be terminated before expiration?

Accepted Answer

The tenant can withdraw with 3 months' notice and a penalty of 1.5 months' rent. The law also allows the owner to recover the property for personal use with 3 months' notice and 1 month penalty.

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