Condominium: What You Must Do When Selling Your Home
When selling a unit within a condominium under the Horizontal Property regime, you must comply with legal obligations established by Law n.º 8/2022. These are designed to protect the buyer and ensure transparency in condominium finances.
1. Charges declaration
You must request a detailed written statement from the condominium administrator regarding your unit:
- Outstanding balances (ordinary, extraordinary, renovation charges…);
- Type of charges and due dates.
The administrator has 10 working days to provide this statement. It’s mandatory for the sale deed unless the buyer explicitly waives it, assuming all liabilities up to the sale date.
2. Sale notification
Within 15 days after signing the deed, you must notify the administrator by registered letter with acknowledgement of receipt, stating:
- The property has been sold;
- The full name and tax number (NIF) of the new owner.
Failing to notify may result in liability for charges due after the sale.
3. Responsibility for approved works
If extraordinary works were approved before the deed, you remain liable to pay for them—even if executed after the sale.
4. Update your contact details
During the sale process, ensure the administrator has your current contact information (address, phone, e-mail).
Conclusion
Meeting these legal obligations safeguards both buyer and seller, avoiding unexpected liabilities or penalties. For specific cases, consider consulting a specialised lawyer or the condominium administrator.