TRANSITION TO HORIZONTAL PROPERTY

    juridico

    Identified Question

    "Is it necessary to convert a building from full ownership to horizontal property in order to rent out the units?"

    🎯 Direct Answer

    Yes, it is necessary to convert to horizontal property to rent out the independent units.

    Legal Basis: Artigo 1414.º do Código Civil View on DRE

    Official Documentation

    📋 Context & Applicability

    The transition is necessary to allow the independent use of the units.

    Horizontal property allows the division of a building into autonomous fractions, each with its own rights and duties.

    • Register the change at the land registry office.
    • Draft the condominium regulations.
    • Define the quotas of each unit.

    Technical Checklist

    • Verify the feasibility of the transition with a lawyer.
    • Prepare the necessary documentation for registration.
    • Consult a notary to formalize the change.
    The transition may involve associated costs, such as registration fees.
    The IMI (Municipal Property Tax) may be affected by the change in property regime.

    Legal Notice

    This content is for informational purposes only and does not replace personalised legal advice.

    Always confirm critical decisions with a qualified lawyer or professional.

    The content is specific to Portuguese law and may not apply to other jurisdictions.