Stamp on Property Act by Spain

\"\"To celebrate the 150 anniversary of the Property Act (Ley Hipotecaria) Spain released a stamp on 8th Feb.2011.

The Property Act was passed on February 8 1861 under the reign of Elizabeth II and was the origin of the current real estate registry system. The new law was one of the milestones in the changing Spanish legal system, going from a situation of overlapping stratified rules to a scientific approach of regulations and a process of codifying laws.

 

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