According to legislative decree No. 542, dated January 9, 2020, published on the Official Gazette on January 29, 2020, which amended Article 100 of the Municipal Code, since February 7, 2020, it will be necessary to present solvency of municipal taxes, fees or special contributions, for the submission before the Real Property Public Registry of any document that refers to a transfer of ownership or constitutes any lien over a real estate.
Furthermore, it will be necessary to present the municipal solvency of each of the partners, shareholders or the company, as the case may be, for the registration in the public Commerce Registry, of the documents by which a company is incorporated, amended or dissolved.
The solvencies must be valid at the time of submission of the documents to the corresponding Public Registry.
All projects of social interest are excluded from the presentation of this requirement.