Change of ownership of supplies: Why is it so important?

Buying or renting a property entails a series of responsibilities and administrative procedures that must be carefully attended to to ensure a smooth transition..

The change of ownership of supplies when buying or renting is one of these important procedures, which includes services such as water, electricity, gas and others

But why is it so crucial to make this change of ownership of supplies when buying or renting?? Here we present the most significant reasons:

Legal compliance: The law establishes that the owner of the supplies must be correctly registered. This guarantees transparency in the use and payment of services, avoiding legal complications in the future.

Payment Responsibility: When changing ownership of supplies, Ensures that the new owner or tenant assumes responsibility for paying for services from the date of change. This avoids conflicts and confusion over who should be responsible for outstanding payments..

Control and efficient management: By having the supplies in the name of the new owner or tenant, it is possible to manage any problem or request related to the services more efficiently. Besides, This allows better control of consumption and clear monitoring of associated expenses.

Avoid unpleasant surprises: If the change of ownership is not made, The former owner or tenant may continue to receive invoices and correspondence related to supplies, which can lead to confusion and unnecessary complications.

It is important to remember that the change of ownership of supplies is a relatively simple process that can be carried out with the collaboration of service provider companies.. Generally, It will be enough to present the property deed or the lease contract. As well as the required personal documentation.

If the ownership of the supplies is not changed in time, Legal conflicts could arise with the former owner or the marketing company previously contracted.

For this reason, It is advisable to make the change as soon as you take control of the home, whether you are the new owner or tenant.

In Araico Assessors, We offer a free change of ownership management service for supplies so you don't have to worry about this type of inconvenience..

We are responsible for verifying that there are no pending invoices and that the services are in good condition.. Besides, we choose for you the best rate on the market, without the need for calls or procedures.

In summary, The change of ownership of supplies is a fundamental step in the sale or rental of a property. It is not only a legal requirement, but contributes to efficient management of services, avoids future problems and gives peace of mind to both buyer and seller.

Do not neglect this essential procedure when selling or buying a property and be sure to make the change of ownership of the supplies.