Building Regularity Report (RRE) and Real Estate Transaction Security in Sanremo
The Building Regularity Report (RRE) stands as a crucial element within the real estate market, particularly in Sanremo. It ensures compliance with building and urban planning standards, promoting increased security and transparency for both sellers and buyers. This article delves into the pivotal role of the RRE and how it contributes to regularizing the real estate landscape, reducing disputes, and enhancing understanding of the involved professional competencies.
Significance of the RRE
The introduction of the RRE in Sanremo marks a significant step forward in real estate market regulation. This document provides a guarantee of building and urban planning compliance, mitigating the risk of disputes and fostering uniform behavior among industry professionals. Its adoption proves to be a beneficial investment for both parties involved in real estate transactions, as the costs associated with its preparation are widely compensated by the benefits in terms of security and rights protection.
The Growing Importance of Building Compliance
The increasing importance of building compliance, especially in light of recent tax incentives (Superbonus, Ecobonus, Sismabonus), requires a careful assessment of the urban planning, cadastral, and building status of a property.
This evaluation enhances the real estate agent’s role in preventing disputes and facilitating smooth negotiations and transactions for property contracts.
Through the building and cadastral compliance report, all parties involved in a real estate transaction (real estate agent, seller, buyer, and notary) gain a clear understanding of the property’s cadastral and urban planning status, helping to reduce disputes in this area.
This approach not only minimizes conflicts but also clarifies the responsibilities of various professionals, preventing misunderstandings regarding their roles in real estate transactions.
Role of the RRE in Real Estate Transactions
The RRE plays a fundamental role in providing a solid foundation for real estate transactions. It verifies the property’s compliance with building and cadastral standards, reducing the risk of potential future disputes. Although not mandatory, the RRE is increasingly demanded by parties and notaries, as it ensures greater transparency and security in the buying and selling process.
Implementation of the RRE in Sanremo
Sanremo, particularly the United District of Notaries of Sanremo and Imperia, has been at the forefront of actively promoting the use of the RRE in the real estate sector. Through collaboration among various professionals, including notaries, architects, engineers, and real estate agents, the RRE drafting process has been standardized, making it more accessible and reliable for all involved parties. This has solidified the RRE’s role as a common practice in Sanremo’s real estate market and provided a replicable model for other cities and provinces in Italy.
Conclusions
In conclusion, the Building Regularity Report (RRE) stands as a key element in real estate transactions in Sanremo. Its introduction represents a significant advancement in sector regulation, fostering greater transparency and security for both sellers and buyers. Through the proper implementation of the RRE and effective collaboration among industry professionals, greater rights protection and a reduction in associated transaction risks can be ensured.
The national and regional legislation on construction aims to combat and discourage abuses in the sector, providing sanctions that can invalidate transfer deeds involving completely abusive buildings.
It is the responsibility of the real estate agent to inform the parties involved about the importance of cadastral and urban planning compliance of the property before signing the contract.
Furthermore, it is the notary’s duty to provide information on matters affecting the regular circulation of real estate assets, including compliance with building and cadastral regulations. However, it is the professional diligence of the real estate agent to prevent disputes that may arise before and after the notarial deed, also complicating the notary’s professional activity, who may find himself/herself remedying a precarious situation not adequately addressed during the preliminary contract and, even before, the purchase proposal.
To obtain an accurate knowledge of the urban and cadastral status of the property, it is essential to involve a professional registered in a Technical Professional Register, capable of certifying its building and cadastral compliance or identifying any inconsistencies.
The importance of building regularity is constantly growing, especially considering recent tax incentives such as the Superbonus, Ecobonus, and Sismabonus.
Through the building regularity and cadastral report, all parties involved in real estate transactions will have a clear understanding of the cadastral and urban status of the property, contributing to reducing disputes in this area.
Benefits for the parties
For the seller, the RRE represents an opportunity to identify and correct any discrepancies before the sale, thus avoiding potential contractual liabilities and future problems.
For the buyer, the RRE provides transparency and security in the property purchase process. Thanks to the RRE, the buyer can have a complete and updated picture of the property’s status and any existing irregularities.
This allows for informed decisions and avoids surprises after the purchase, such as unexpected expenses for property regularization or difficulties in obtaining permits for any renovation works.
Who Pays for the Building Compliance Report (RRE)?
There is no legal provision establishing who must pay for the Building Compliance Report (RRE). The cost may be assigned, depending on local practices in the province or region where the property is located, to either the buyer or the seller, or it may be shared equally between both parties.
However, since the seller is legally responsible for the cadastral and urban compliance of the property, it is generally expected that they bear the cost—unless otherwise agreed upon by the parties. An exception applies if the report is specifically requested by the buyer without a clear, objective reason for doing so.
How Long is the RRE Valid?
There are no fixed validity periods for the Building Compliance Report. However, it is generally understood that its relevance may diminish if a significant amount of time passes between its issuance and the notarial deed in which it is used.
In such cases, doubts may arise regarding the validity of the report’s statements—for example, the seller may have made modifications to the property that could affect its compliance.
Luigi Ragone
