2 important reasons to know the actual surface area
Since November 9, 2015, the surveys of urban residential real estate units registered in the land registry and accompanied by floor plans also show the cadastral surface area of the properties, which exactly corresponds to the commercial surface area.
This update, part of the broader land registry reform, is very important as it represents advantages and simplifications for 2 reasons in particular:
- In case of sale, the property owner, who is required to certify the conformity of cadastral data (in addition to the conformity of the related floor plans to the actual state), will transfer with transparency to the buyers the actual size of the property.
- The information provided by the Revenue Agency to the Municipalities is used for the calculation of certain local taxes, such as the TARI, which is based on the cadastral surface area.
The survey specifies 2 data points: “total gross sqm” and “total sqm excluding uncovered areas.”
Property owners have the opportunity to verify the accuracy of the data reported in the survey by anticipating any errors or increases in taxable surface area compared to those they possess or even to the actual real situation.
If discrepancies are found between the floor plan filed in the land registry and the related surface area calculated and reported in the survey, or discrepancies between the floor plan filed in the land registry and the actual state of the property, Immobiliare San Felice has professionals authorized to prepare and file cadastral update applications/declarations.
