The administrator (or, if absent, the president of the condominium assembly) must issue, within a maximum of 10 calendar days, a statement confirming the absence of debts or, if present, a detailed breakdown of the amount owed (month/year, amount, and due date of each installment) and mention any ongoing judicial or extrajudicial proceedings.
📋 Description
"The administrator (or, if absent, the president of the condominium assembly) must issue, within a maximum of 10 calendar days, a statement confirming the absence of debts or, if present, a detailed breakdown of the amount owed (month/year, amount, and due date of each installment) and mention any ongoing judicial or extrajudicial proceedings."
Legal Reference
Artigo 1437.º n.º 1 do Código Civil (com redação da Lei n.º 8/2022, de 10 de janeiro)
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Duty Details
10 CALENDAR days (not business days) from the written request of the condominium owner or their representative.
This declaration is mandatory for executing the sale deed. If absent, the notary may refuse to execute the deed or require a substitute declaration from the seller under oath.
The acquirer is JOINTLY LIABLE with the seller for condominium debts existing at the time of acquisition, BUT ONLY up to the amount of installments due in the 2 years prior to the transfer (art. 1437.º no. 2 CC). Debts prior to this period are the sole responsibility of the seller.
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