Right to the marital share of autonomous unit AB, Mafamude - Vila Nova de Gaia

-Right to the marital share, not yet divided despite the divorce, in the autonomous unit designated by the letter "AB" of the urban building constituted under horizontal property regime, situated at Rua Clube dos Caçadores, no. 820, 1st floor Left, registered at the 2nd Land Registry Office of Vila Nova de Gaia under no. 4578 of the civil parish of Mafamude and listed in the urban property tax matrix under article 9816 of the said civil parish, with a total current tax value (CIMI) of € 134,966.86.

The sale concerns the right to the marital share, not yet divided despite the divorce, of the identified unit ("AB") which corresponds to item 1 of the seizure record. Also for sale, in a separate auction, is the right to the marital share relating to unit "AK" (garage), although these are units of the same property. The other shares in the said units ("AB" and "AK") may be subject to seizure in insolvency proceedings no. 96/26.T8VNG pending before the Judicial Court of Vila Nova de Gaia-J6.
The right to the marital share of the unit is sold in the physical, legal and documentary state in which it stands, and it is believed that it is occupied by the other co-owner, former spouse. The area stated is based on the tax matrix certificate, and the Insolvent Estate is not responsible for discrepancies. It is the sole and exclusive responsibility of the Purchasing Bidder to verify the characteristics of the property to be acquired, and they should, before submitting a bid, ensure that it meets their expectations and is in the conditions they require. The right to the marital share of the unit is sold in the state in which it stands, so the failure of such verification by the bidder does not, under the law, give grounds for annulling the sale. As the Judicial Administrator does not have the keys to the unit, and only the right to the marital share is for sale, visits are not possible. A contact number for visits is included because the platform requires it. Under Article 164(6) of the CIRE and Article 833(6) of the CPC, it is the burden of the purchaser to legalise the properties, where applicable. All costs relating to the formalisation of the acquisition shall be borne by the purchaser. The deed of sale will only be executed with the party who submitted the bid and not with third parties whom they may nominate. The deed of sale will be executed on a date and at a time to be set by the Judicial Administrator. As an alternative to the public deed of sale, the Judicial Administrator may issue a Private Transfer Title for the property in question. The minimum accepted amount is that stated under "VALOR MÍNIMO" (reserve price) and not the opening value. After the auction closes, the Judicial Administrator will contact the Winning Bidder with the bank details for payment of 20% (twenty per cent) of the winning bid amount so that the corresponding Adjudication Record (Auto de Adjudicação) can be issued. Once payment is made, the proof of payment must be sent to the Judicial Administrator so that he may proceed with that issue. The Adjudication Record allows the Winning Bidder to pay the tax obligations arising from the sale. The payment slips issued by the Tax and Customs Authority, as well as the respective proofs of payment, must be sent to the Judicial Administrator, along with proof of payment of the balance of the price, so as to make the sale official (public deed or private transfer title). In the case of issuing a private transfer title, payment of the balance of the price will always be made before the title is handed to the buyer. The Adjudication Record serves only the purpose indicated and does not constitute any transfer of any property right. The final adjudication of this property may be affected by the exercise of the right of redemption, pre-emption, or another applicable right, under the law. Where the property is inhabited, the adjudication of the property does not directly and immediately oblige the Judicial Administrator to deliver it to the purchaser free of persons and belongings. If, after adjudication, the property is not voluntarily handed over, it will be for the purchaser to apply, under the legally prescribed procedures, for its compulsory delivery, with the costs of that step being their responsibility under the applicable civil procedure legislation. There is a mortgage creditor, and the present sale has been authorised by them, without prejudice to their rights. It is advised that the insolvency file be consulted to resolve any doubts and that the land registry and tax matrix certificates available on the sale website be carefully studied.