Cape Verde |
2020.02.17
Computerizing of Real Estate Registration in São Tomé and Príncipe
It was recently published the Decree No. 33/2019, of 18 November 2019, which enacted the Internal Regulations for the Computerizing of Real Estate Registration, with a view to strengthening the certainty and security in legal trading.
The regulations covers, among others, the following aspects:
- All acts subject to registration can be submitted to the Integrated Property Registry System;
- The tax and real estate registration must be consistent, except when there is a difference between descriptions that does not exceed 5% in relation to the larger area of the property not registered, 15% in rustic properties and 10% in urban properties, whichever is the area in the matrix
- The possessor of a non-registered property can apply for the respective registration based on documentary elements; and
- Women's right to register their real estate property is reaffirmed.
For further information, please contact:
[email protected]
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