Mortgage Visura on Real Estate

13/01/2025   Category:  Land Registry and Property Records

The Mortgage View on Real Estate and Its Utility: An Essential Document for Your Legal Security

The mortgage view is an official document that reports information about mortgages and encumbrances on a property, providing a clear picture of the property's legal status. It is an excerpt from the mortgage register, where all legal acts affecting real estate, such as mortgages, foreclosures or seizures, are recorded.

What does a mortgage visura in Italy contain?

A mortgage visura contains mainly:

• Property identification data:The address, description, and identification of the property.
• Gravages and Mortgages: Details of any mortgages, foreclosures or other legal encumbrances registered on the property.
• Involved parties:The names of the persons or entities that have registered the mortgage or encumbrance, as well as details about the debtors.

Why is this useful?

• ✅ Checking the legal status of the property:The mortgage view is essential to know if the property is encumbered by mortgages, foreclosures or other legal issues, avoiding surprises during the buying and selling process.
• ✅ Safety in buying and selling:If you are about to buy a property, a mortgage view is essential to make sure there are no liens that could jeopardize the purchase or future sale.
• ✅ Risk assessment: Knowing the presence of mortgages or encumbrances helps you to better assess the risk associated with a property, in order to decide whether to proceed with the purchase or how to handle the situation in case of sale.
• ✅ Legal and Financial Practices:The mortgage view is often required in legal contexts or to obtain financing, such as in the case of mortgages, to ensure that the property can be used as collateral.

How to get it?

Return to WP Advisor Italy to request your mortgage view. Our experienced team will help you obtain the document and interpret the legal information clearly and confidently to protect your interests.