ALL YOU NEED TO KNOW ABOUT "COTI"What does COTI means?
The COTI is the " Real Estate Transfer Code” (“Código de Oferta de Transferencia de Inmuebles”) necessary to sell a property that overcomes $ 300.000
Do I have to obtain the COTI to sell my property?
Yes, if you are an owner and planning to sell your property that overcomes the value of $300.000, then you will have to obtain the COTI
Who must request for the COTI?
The owner / seller of the property
How do I obtain it?
a) On the Web page: www.afip.gov.ar , under the option " Código de oferta de transferencia de inmuebles "
b) By telephone(0800-999-2347)
c) Sending a SMS (text message)to the cell phone number 2347 "AFIP"
How much does it cost?
It has no value
Does it expire?
No, the COTI does not expire
Can the notary register without the COTI?
No, its necessary to have the COTI number to register with the notary
Is it a tax?
No, it’s not a tax. It is an information code
It is possible to modify the COTI of a property?
Yes, it can be modified
For further information please click here: COTI (in Spanish)