The land registry is one of the most important documents related to real estate, which contains information about the legal status of a property. Disclosure in the land register is a process that may be necessary in various situations, such as the purchase of a property, change of ownership or updating of entries. In this article, we will discuss what land registry disclosure is, the formalities involved, and how running a virtual office can support the process.
What does disclosure in the land register mean?
Disclosure in the Land and Mortgage Register is a process that serves to ensure that the legal status arising from the Land and Mortgage Register is consistent with the actual legal status. A change of ownership in the land register is one of the most common reasons for disclosure. The new owner must apply for a change of entry, which is crucial for confirming rights to the property. It is worth knowing that disclosure in the land register is a formality necessary to ensure the security of real estate transactions.
How should the new owner be disclosed in the land register?
We must apply for the registration of the new owner in the land register on an official form. They are available on the website of the Ministry of Justice or in court buildings. To disclose the new owner, we need to select theform KW-WPIS, and then fill in the available fields. When entering the land register number, you need to remember that it should be the new land register number. Information on the book number from the old to the new one can be obtained from the court where it is kept. To enter more co-owners, use the additional form KW-ZAD. If it is an attorney who submits the application on behalf of the owner, you need to attach to it the power of attorney granted and the completed KW-PP form.
Virtual office and disclosure in the land register
Use of services virtual office can be extremely helpful in the process of disclosure in the land registry. Virtual office Office for Bear offers administrative services that support entrepreneurs and help them save time and avoid formal errors that can delay the process of disclosure in the Land and Mortgage Register. In addition, the virtual office provides a mailing address: 68/121 Solidarności Avenue, 00-240 Warsaw – which is helpful if you are engaged in real estate business.