The legal effect of the L.R. information

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Answers Contact Points

1. What is the probative value of the LR information sheet? Does the national law provide it with special legal nature, like a public document or authentic act? Are there different types of LR Information with different degree of value?

2. What is the degree of reliability of the information? Which are the effects given by the legal provisions in each country to this information, should it be necessary to carry out further investigations?

3. Are there any hidden liens?
A. No
B. Yes (description of the main ones)

4. Is the description of the hidden liens exhaustive?

5. What effect does the issuing of the excerpt from the Land Book has over the land registry system?
A. No effect
B. It blocks the Land Book on a certain period of time (describe the mechanism)
C. Other effect (description)

6. Is the excerpt from the Land Book necessary and sufficient for the assignment of the property right of an immovable (regarding the information provided by the Land Registry)?
A. Yes
B. It is necessary but not sufficient, there is a special excerpt issued for the transactions
C. Not necessary

7. Does the excerpt from the Land Book issued especially for real estate transaction have different effects from the excerpt from the Land Book normally issued?
A. No
B. Yes (description)

8. Is the excerpt from the Land Book necessary and sufficient for the assignment of the property right of an immovable (regarding the information provided by the Land Registry)?
A. Yes
B. It is necessary but not sufficient, there is a special excerpt issued for the transactions
C. Not necessary

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