After deciding to buy a property in Malta, the due diligence process is the most important step to be taken before the final sale.
Registration of a property in Malta
After you signed the presale agreement, during the waiting period, the notary will be in charge with making all the verifications that will lead to the final sale. The Maltese Land Registry is where all information regarding the seller and the property are stored. The notary must submit an application form, called Form E, in order to get access and find information about the entitlement of the seller, the plan of the property and if the property lies within a registered area.
The Land Registry will bring to the attention of the notary the outcome of the search. In case the property is registered, the Land Registry will then emit a Certificate of Title that will contain relevant data about the owner. The search and the outcome will take no longer than eight days since de application has been submitted.
After receiving the Certificate of Title, the notary will search with the Public Registry data about the seller and if any liability exists, that it can encumber or make impossible the sale of the property.
If you need details about the registration process of a property, you may contact our Maltese lawyers.
The Land Registry in Malta is divided into several offices, each one of them with its function:
- the Receiving Office is in charge with receiving applications for registration of properties, search application forms, application for condominium and it issues Land Registry plans. The Receiving office is also in charge with collecting application fees;
- the Drawing Office processes all the applications by verifying the data and digitizing the Land Registry plans. It also answers to the From E search requests;
- the Land Registry has two assistant Land Registrars. They are the ones reviewing, making sure all the data is correct and approving the applications;
- the Data Input Section is in charge with registering all the applications, keeping track of all files and inserting all the data in the Land Registry;
- the Prezentata Section is the newest department in the Land Registry and it is in charge with performing searches of all individuals and legal entities that want to register or transfer properties.
After all searches and investigations are done and no problem has emerged, the transaction can be concluded by signing the final deed of sale.
If you want to buy a property, our law firm in Malta can provide you with legal assistance in making your purchase.