ITBI, deed and registration: the basics of buying property

Transfer tax, the deed and property registration are part of a real estate purchase. Understanding them before proceeding can help avoid unexpected costs and delays.

What is ITBI?

ITBI is the municipal tax on the transfer of real estate. The amount, rules and deadlines depend on the municipality and transaction, so confirm them for the specific purchase.

Deed and contract

A deed formalizes a purchase and sale when applicable. In some financed purchases, the agreement with the financial institution may have the force of a deed. In every case, review documents, parties, amounts and terms before signing.

Property registration

Registration at the property registry formalizes the transfer of ownership. A buyer who does not understand this step may face legal uncertainty. Seek professional guidance when needed.

Basic checklist

• Check the property and seller documents.
• Understand taxes, fees and registry costs.
• Confirm payment and transfer deadlines.
• Keep receipts and signed agreements.
• Ask a specialist if anything is unclear.

Planlar helps with searching and comparing properties, but the purchase documents and formalities should be confirmed with a responsible professional.

Cover photo: AvanRJ via Wikimedia Commons — CC BY-SA 4.0. Image adapted to a horizontal format.