Your property will be known as anything that has a fixed location in space. In other words, it is a tangible object that can not change the location in the space without losing its nature.
What is a property?
As mentioned, the properties are the properties that a person or entity can possess. These properties constitute their heritage. One of the major classifications of the assets focus on movable or immovable:
- Movable property: those tangible objects that can be moved from one location to another.
- Real estate: those tangible objects that you can't move in the space without losing its essence. Here are also included land, houses, buildings, farms, garages, fences, utility systems, etc
Types of real estate:
- By nature: this includes originating goods as: land, quarries, mines, and living waters or stagnant.
- By incorporation: here you will find all the heritages that are incorporated to the originating as:
- Constructions adhered to the soil.
- Trees, plants and fruits that are derived from them.
- Facilities that adhere to the property stare (sanitary facilities, pipelines, etc).
- Destination: this includes any property which the owner occupies at the service of the property. You can try to decorative items such as sculptures and statues, that can be placed in the house to put them together permanently. One can also speak of machines or utensils that are needed for the exploitation of the property.
- By analogy: here it refers to administrative concessions of public works, servitudes and other real rights over immovable property which has received the owner of the well.
Rights and duties of the real estate property:
Being an owner of a property occupies a series of rights and duties. Within the rights are:
- Use and enjoy: the owner can give it the use you want as primary or secondary residence. In addition, it can be used to develop an economic activity or business if the rules of use of the property allows it.
- Right to rent it, and get an income.
- Right to donate it (permanently or temporarily) non-profit organization.
These considerations apply in all real estate corporeal, in other words, that have a physical presence. There are, however, real estate is not corporeal, which include the rights and actions that rely on real estate. This includes mortgages, easements, and rights in real estate.
Valuation and tax on immovable property:
All well contains a value and it is important to note because that is the basis by which to estimate the taxes which, by law, must be terminated, in each case for their possession, or by means of an act of the transfer of property, an assignment or a concept.
By the possession of the property:
It refers to a tax that the owner has to pay annually to the municipality in which the property is situated, due to which it has the right and has the right to use it. Each autonomous community determines the period of the year you must cancel the Tax on the Immovable Property in his constituency, as is the way on how it should be paid, and the coefficient that is used.
For the transmission of the property: