Are you looking to sell your house and getting informed about all the necessary documentation to proceed? If you are planning to buy a new property and apply for a housing loan, having the support of a credit intermediary can help you analyze options and simplify contact with banks. To better understand what this document is and its importance in the sales process, keep reading the article.

What does the Technical Specifications of Housing represent after all?

So that the new owner acquires all the information related to the property being purchased, as transparently as possible, they need documents that detail the characteristics of the house. Such as the Housing Technical Data Sheet (FTH), which represents the document that aggregates all the technical and functional aspects of a property.

Without the FTH, it is not possible to formalize a deed, as it details the technical and functional elements of a residential urban building. It is issued after the completion of construction or reconstruction work on the property.

You must know that, usually, the existence of this record is mandatory, and it must be in the possession of the owners.

When is the Housing Technical Form required?

However, there are cases where this obligation does not exist. But when? If the building has been constructed, renovated, or altered after March 30, 2004, it already needs this form.

However, the existence of this form is not mandatory in buildings constructed before the General Regulation of Urban Buildings, approved by Decree-Law No. 38382, of August 7, 1951, or when there is a permit for use or application for it before Decree-Law No. 68/2004, of March 25.

Who presents the Housing Technical Data?

The form must be prepared by the real estate developer, together with the person in charge of the construction. Both must verify if the characteristics of the housing correspond to the information on the FTH after the property is completed.

Both parties must sign the document at the end. Then, the FTH must be given to the property owner.

During a sale, the document must be handed from the current owner to the future one at the signing of the deed.

Afterwards, this form must be present in the deed, verified by the notary. Therefore, it is important for the seller to take care of this documentation so that the transaction can be completed.

But also in rentals, this form is necessary. In order to sign a lease agreement, the landlord must provide the tenant with access to the form.

This form is necessary even if the work has not yet been completed, through a temporary version.

What happens in case of FTH with nonconformity, loss, or destruction?

If the form has discrepancies, meaning it does not fully correspond to the characteristics of the housing, misrepresents information, or does not comply with the required rules, there may be sanctions.

Depending on the case, the amount of the fine resulting from the offense may be quite high.

If the FTH is lost or destroyed, it is possible to request a duplicate from the real estate developer or the City Council, subject to the payment of a fee.

Therefore, it is essential for the property owner to keep the document in good condition so that, in case of sale, it can be delivered to the future owner.

Are you going to sell your property and need credit for the next house?

If you are selling a property and preparing to buy another one, it is important to ensure that you have all the documentation in order and that the financing is well structured. If you need to resort to a housing loan, the credit intermediaries of Poupança no Minuto can help you compare proposals from different banks, clarify conditions, and follow the entire financing process, simply and at no cost to you.

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