Spanish property title deeds insurance
Gran Canaria Property through
and your property purchase will be Guaranteed for 20 years with
Caser® Title Insurance.
An estate agent accredited with
the exclusive “Safe Purchase Brand” is giving you much more than
other estate agents when purchasing your home in Gran Canaria: a
certified extra property protection guarantee for the next 20
Cover up to the purchase price agreed in the title
deed. Should the problem not be resolved within 6
- the Insurer of the Spanish Savings Banks -
will compensate you for the damage suffered with a maximum
limit of indemnity of 360,000 €.
- Caser® guarantee that all your
legal rights stated in the title deed will be respected.
- Caser® certify that the property
you have purchased fulfils all the agreed legal conditions.
- Caser® undertake a Guaranteed
Commitment of Resolution within Six Months. Lawyers expert
in Real Estate Law will manage your problem with the highest
standards of diligence and efficiency and if we cannot sort
out your title defect within six months, we will compensate.
- Peace of Mind for your most
We will protect you against ...
False representation by the vendor
- You will be covered for: The next 20 years, if they were
selling or leasing your
own property, forging your identity. Spanish Supreme Court
has ruled in favour of a third party purchasing property in
good faith. You could lose your property.
- The act of purchase, if the vendor either is not the
real owner or he/she acts in representation of the owner
with false or revoked powers.
Non-inscription in the land register
- LEGAL DISADVANTAGE of the owner whereby he/she may lose
the property or suffer financial loss against charges or
- LEGAL INSECURITY. The insurance acts in this case as an
alternative register, providing the guarantees which should
have been offered by the Land Registry.
- Imagine that after several years, a Demolition Order is
placed on your house because it is shown that the building
license by virtue of which it was built, is illegal because
it infringed land classification (Urban Planning Scheme) at
the time of purchase, or simply because your house was built
without a license or in breach of the terms of the building
Other Administrative Orders in Force
- You discover your house is subject to an undisclosed
ruin or eviction order from your date of purchase.
Sale "As Is"
- Even when some time has gone by, there are numerous
cases in which it is discovered that part of a property does
not belong to the person who has bought it. For example: a
terrace turns out to be common property, which has been
fraudulently added to the plot by the previous owners.
- When your home, garage or storeroom cannot be accessed,
you will be covered. For example: the seller may not vacate
the premises on completion, there is no access to your
parking space or garage and you cannot park, you are not
given the storeroom you purchased, etc.
Defective Size in off Plan Purchase
- If the property is bought “off plan” and following
physical completion it is found to be more than 10% smaller
than for what it was contracted.
- If the parking space is purchased “off plan” together
with the property, and following physical completion it is
found to be too small to park a standard size car in.
Bankruptcy of the Seller
- If a judge rules that your property is subject to the
previous owner's bankruptcy (preferential rights of the
Third Party Rights: Easements
- Undisclosed right of way or unregistered charge in
favour of a third party is discovered that affects the
Third Party Rights: Unknown heirs
- Old property owners or unknown heirs from the past
appear to claim their property.
- It is determined whether there has been mistaken
execution of a Last Will and Testament during the most
recent transactions that affects your property.
Unpaids Taxe, quotas or unsettled community expenses
the course of the 20 years:
- You discover you have been paying too much in community
fees because at the time of purchase the property was
assigned the wrong coefficient.
- There is an attempt to make you pay an incorrect quota
or unsettled community expenses prior to your purchase.
- Or for example, there are outstanding taxes prior to
your purchase that you should not pay.
- Your neighbour says that the home you bought occupies
some of the land belonging to him.
Hidden Valid Lease
- You have bought a house that has, previous to your
purchase, been leased to a third party. The lease is valid
until it expires, regardless of who holds title to the
Purchase from an incapable seller
- You discover that the person from whom you bought the
property lacked the necessary legal capacity to sell (not of
age, mental handicap, senile dementia, etc.)
Hidden Legal Defect
- Over the course of the 20 years, you may find a mistake
or discrepancy in the title deeds that makes it impossible
or difficult to sell your property or that limits your
rights of ownership or enjoyment.
- Over the course of the 20 years, you may discover
agreements passed by the Community of Property Owners that
could limit your rights over the property.
- The person from whom you bought your property has sold
it without spousal consent and that threatens your title to
the property. If there is a minor child involved, you may
not able to access the home you have bought.
Lack of the certificate of occupancy
- You discover that the property you have recently bought
is not issued the certificate of occupancy which is
compulsory to connect water and electricity supply.
* Exclusions: Damage, contamination and all
defects in the knowledge of the owner prior to the date this
policy takes effect.
is an outline of the cover offered by
insurance is issued by
Caser® the terms and conditions of the insurance may
vary. The terms and conditions issued with the insurance will
always be deemed to be correct even if they differ from those
Terms and Conditions
• Use the links below to download a PDF of the terms and
conditions of this 20 year insurance guarantee with