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The realization of any type of transaction with Plaza Mayor implies knowledge and acceptance of the following:
I declare that I accept in full the present conditions stipulated in www.plazamayor.com.uy and www.myrents.uy, since they will give me the possibility of collecting data and information on real estate and related services related to capital investments, as well as make investments or real estate businesses through the use of these platforms, recognizing for all cases that the present contents are property of Plaza Mayor.
1.1) Plaza Mayor is a real estate agency that meets all the requirements of the law, the customs and commercial practices in Uruguay. We are part of the CIU (Real Estate Chamber of Uruguay) that brings together the most important real estate which guarantees seriousness and responsibility of these in their commercial activities with customers.
We also have authorization from the Ministry of Tourism and Sports as tour operators authorized to operate throughout Uruguay.
1.2) Plaza Mayor intermedia not only in the sale or lease of real estate but also in business annexes and investments. Its objective is to bring the parties closer and achieve the conclusion of the business.
1.3) In Uruguay there is a legal recognition to the task of the intermediary, which is that of Real Estate. The doctrine defines it as the convention by which one of the parties called mediator (intermediary) is committed to put two or more people in relation to the conclusion of a business. It is a result contract. The mediator should never be harmed by the failure to pay the commission and tax if he did his job. Not being of essence that the intermediary or broker participates in the negotiations or the implementation of the contract, the only information and sample of properties gives for fulfilled our work and is a generator of the respective real estate commission.
1.4) Plaza Mayor is made up of university professionals and sales people with experience in the negotiation process, giving the work an outstanding efficiency in the middle.
1.5) Plaza Mayor also has a team of pre-selected expert professionals in the areas of architecture, law and accounting (architects, notaries, lawyers, accountants) that offers it for those interested who want to know in depth the building status of a property, your legal situation, project a recycling, etc. and do not count on a professional of your knowledge. In this case the fee for these professionals will be borne by the interested party and it is made clear that this service is not with Plaza Mayor employees, being the same in all cases outsourced.
1.6) All outsourced professionals that Plaza Mayor can recommend in all cases are purely and exclusively a recommendation, with the sole purpose of helping the client who does not have them and so request it before which Plaza Mayor will never be responsible for the behavior nor of the action of the same.
1.7) In the case of being consulted about the respective sale prices (appraisal) of a property Plaza Mayor provides an advisory service on the price to be set according to the statistical values that arise from the marking.
1.8) It is the responsibility of each client to delegate a legal adviser to communicate directly with the sellers or their legal advisers of the property object of each transaction to check the accuracy of the information provided to our company by the respective owners of each property that we provide. is entrusted to the sale or lease, for which Plaza Mayor always grants and in all cases the direct communication data so that the parties can analyze the business.
Real estate selling
2.1) FEES – COMMISSION for the case of sale of a property are set at 3% of the sale price charged to each of the parties plus the Value Added Tax (VAT) 22%.
2.2) The interested party in making a purchase-sale transaction informs Plaza Mayor of its interest in this real estate being its intermediary. Creating in this way a consensual relationship that can even be with characters of exclusivity.
2.3) In the event that the buying party makes a punctual offer regarding the purchase of a real estate property, Plaza Mayor will prepare a purchase offer that can be transmitted verbally, not having this nature of a reservation ticket, but simply an offer that raises the interested party in the purchase. The owner will decide who to sell based on the offers that Plaza Mayor receives.
2.4) The sale must be made in a public deed that in Uruguay is extended by a notary who will be chosen by the buyer, being able to be one of his knowledge or member of the team of outsourced advisors of Plaza Mayor. In any case, the writing fee will be at the expense of the buyer.
2.5) Plaza Mayor is not responsible for defects or defects that have the properties that through it are sold. The sale is governed by articles 1661 to 1767 of the Uruguayan civil code. In general terms the seller responds to the hidden defects of the property according to art. 1696 inc.2 of the Uruguayan civil code and the buyer takes care of those defects that are in sight.
2.6) All the information contained in this website is merely to facilitate the purchase / sale of real estate or products of Plaza Mayor that are exhibited here which does not entail guarantees of any kind being the same expressly excluded. All prices and financing shown in this site are subject to change without prior notice. For which we already apologize because of the constant variations that occur in the market and we request to confirm the updated information before making use of it, for which you can coordinate personal meetings with our commercial advisors.
Rental and Property Management
3.1) FEES – COMMISSION for the case of rental of a property are established in the equivalent of the price of one month’s rent charged to each of the parties plus the Value Added Tax (VAT) 22%. For the case of property administration, it is 7% plus VAT on the value of the rental price.
4.1) Intellectual Property
Plaza Mayor properties and investments is registered trademark before DNPI (National Directorate of Industrial Property) all formats and contents, the website, as well as programs, databases, are owned by Plaza Mayor and are protected by law and the international treaties of copyright, trademarks, patents, models and industrial designs. The improper use and total or partial reproduction of said contents are prohibited, unless written authorization of Plaza Mayor.
The client or user exonerates from responsibility to Plaza Mayor properties and investments for any damage, loss or damage to the user caused by failures in the system, on the server or on the Internet. Plaza Mayor will not be responsible for any virus or hack that could infect the user’s equipment as a result of access, use or examination of its website or as a result of any transfer of data, texts, images, files, or audio contained in it. Users may NOT charge any responsibility or demand payment for loss of profits, due to damages resulting from technical difficulties or failures in the systems or on the Internet. Plaza Mayor does not guarantee access and continued or uninterrupted use of your site. The system may not be available due to circumstances of facing possible technical difficulties or failures of the Internet, or any other situation outside Plaza Mayor; in such cases, efforts will be made to restore it as quickly as possible without incurring any responsibility whatsoever. Plaza Mayor will not be responsible for any error or omission of content on its website.
In case of any difference of interpretation in the information contained in this site of the products displayed here or the terms, conditions and regulations of Plaza Mayor always and for all cases the interpretation of Plaza Mayor will prevail for all cases.
Plaza Mayor may modify the terms and conditions at any time by making the current terms and conditions public on this website. Any modification to the terms and conditions will begin to govern the 7 (seven) consecutive days of its publication on this site.
6.1) Form Sell or rent your property
Plaza Mayor reserves the right of admission because not all the properties entered through this form are accepted for publication on the website, for which Plaza Mayor may or may not accept the publication without expression of any cause.
7.1) Control and prevention of money laundering and financing of terrorism
Plaza Mayor takes very seriously the prevention of money laundering and financing of terrorism in accordance with Law 18,494, for which, for all businesses carried out, we will request personal information and sworn statements complying with due diligence and for their own protection in such a way that guarantee the correct proceeding and origin of the funds used for each transaction, which will be communicated to the UIAF (Unit of information and financial analysis) of the BCU (Central Bank of Uruguay) for its evaluation in the corresponding cases.
Date of last update: July 11, 2018