Requirements for purchase of property at a registry

For purchasing land at a registry in Margarita the following requirements are needed:

1. Solvency (solvencia) or last invoice from Hidrocaribe (Water Public Company) or if you are not subscribed you will need a letter stating you are not subscribed (Carta de no suscripción)

2. Municipal Solvency (stating you have paid local taxes)

3. Certificate of Payment of the Municipal tax (at the city council where the land is located), according to article 92 of the LRPN

4. Photocopy of RIF ( individual contributor number) of seller(s) and buyer(s) and passports or cedulas (if you are a resident)

5. Fiscal Stamps (need to find out at Registry)

6. If the price of the property is above 112.896 Bs , you will need to fill out Form 33 from
SENIAT, which requires the seller to pay 0,5% of the price of the property

7. Plans or blueprints of the property

8.a. If the seller is a corporation, you will need the statutes of the company and the constitutive document of the corporation

8.b. Assembly records from the corporation

9. If you are to be represented, a power of attorney will be needed

10. If you are buying from a succesion (an inherited property) , the sucesoral form, called"planilla sucesoral", will be needed