Hidden Defects in Property Purchase What happens if, after acquiring a property, significant defects are discovered that, if known earlier, would have led you to avoid the purchase or negotiate a substantial price reduction? These are known as hidden defects. These are significant defects, not merely finishing flaws It is not uncommon for hidden defects to appear within six months…
Common Property Division Co-ownership or condominium, as a situation where multiple people share ownership of a real estate property, is regulated in our Civil Code with key provisions. This general regulation does not exclude other specific ones, such as those provided in the Horizontal Property Law, which addresses situations like homeowners’ associations in buildings. Typically, the origin of this shared…