The two markets evolve with some disparity across different districts, but the city average remains stable or rising, making it difficult for many citizens to access housing.
Author: Olga Selma
Source: 65ymas.com
By using this approach, you can also avoid conflicts with family members.
Inheritance, when shared among several people, such as siblings, often leads to problems, especially when the deceased bequeaths properties that are difficult to divide.
However, there is a way, as reported by Idealista.com and based on information from the legal firm Ático Jurídico, to avoid these complications and save on taxes.
This process is known as ‘segregation’. Through this process, with prior authorization from the state and a notary’s signature, the property is divided into different parts that can be registered separately at the Property Registry.
However, the property is still considered a single entity in terms of legal classification, meaning it is not physically divided—though this is another possible approach.
Notably, this option is not always available, depending on the type of property, its minimum size, and regional regulations.
Steps to Follow
Once you decide to use this method, follow these steps:
Request authorization from the administration, with the assistance of a technician to provide the necessary documentation.
Formalize the deed at a notary’s office.
Notify the cadastre of all changes.
It is important to note that in this case, the new owners will have to pay the Documented Legal Acts Tax (AJD) for the portion of the property allocated to them.