Allocation of assets (adjudicación)
When a pool of jointly owned assets is divided (an estate, marital property, a company being wound up), it formally assigns each person the specific asset that's theirs. It turns an abstract share into defined ownership.
Requesting a quote doesn't commit you to anything
- You tell us about your case. It's free.
- We send you the price in writing, within 1 to 3 hours.
- You decide. If it works for you, we start. If not, you delete it with one click and pay nothing.
No one will pressure you. Your information is used only for your case.
Is it for you?
If any of these sounds like you, this procedure is for you.
- For heirs dividing an estate by mutual agreement, for former spouses settling their marital property, and for co-owners or partners dissolving a co-ownership who want it clear what goes to whom
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Review of the pool of assets and each party's share.
- Drafting of the division and allocation document with the assets and values assigned.
- Scheduling the appointment at the Notaría Pública (government notary office).
- Guidance on the later registry recording if real estate is involved.
Does not include
- The court partition lawsuit when there's no agreement (that's the court route).
- Recording the property at the Registro Inmobiliario or its official registry fees, which are handled separately.
- The official notary fees, charged per page.
Add to your procedure
Check it and we include it in your quote. You decide at the end.
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 4.
- The details of all co-owners or heirs
- A breakdown of the pool of assets to be divided, with their values
- The document the co-ownership comes from (the inheritance tax return filed with SENIAT, Venezuela's tax and customs authority; the divorce decree; or the co-ownership document)
- And the valid cédulas (Venezuelan national ID cards) of everyone signing in person
How the process works
You do very little. We take care of the rest. The whole process: on average, 2 to 4 business days.
- Step 1
Tell us about the assets
Tell us which assets are being divided and among whom.
You do this - Step 2
We divide
We draft the division and allocation, assigning each asset.
We do this - Step 3
You sign
We schedule the appointment and all parties sign before the notary with their cédula.
You do this - Result
Done
We hand you the document and guide you on the later registry recording if real estate is involved.
You receive it
For the notarially authenticated document, we draft it, the parties review it, and it's signed before the notary (a public official). If the asset is real estate, the later recording at the registry takes its own time.
What it costs and how to pay
There are two separate payments, and we want you to see them clearly.
Our fee: we do all the work for you.
The official notary fee. It goes straight to the agency, and we give you the exact amount, with its receipt, before you pay anything.
How you pay: You pay once, when we start. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment has two parts, and we give you each one separately. Our base professional fee, from $55, for drafting the division and allocation and handling the notarial authentication; this base covers a standard allocation, and if the pool of assets is high-value or involves several properties, the fee is adjusted proportionally, something we agree on with you before drafting
The official notary fee, calculated per page and paid in bolívares at the official BCV (Central Bank of Venezuela) exchange rate on the day of the procedure. If a property must be recorded, the Registro Inmobiliario's official registry fee is separate and we tell you about it The lawyer gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if the estate or the co-ownership is left undivided?
Everything stays in everyone's name: no one can sell, mortgage or dispose of their share, and every year that goes by adds more heirs and more fights. The allocation puts a name and an owner on each asset.
Can an allocation be used to divide an estate?
Yes, that's its most common use, along with settling marital property.
How much does it cost?
The professional fee, from $55, covers drafting and authentication; the official notary fee is separate, and if there's real estate, the registry recording and its fees are handled as a separate service.
Do I need to go to court?
No, if the parties agree, it's done amicably.
And if there's real estate?
Besides the notary office, it has to be recorded at the Registro Inmobiliario; we guide you.
Does everyone have to sign?
Yes, all co-owners or heirs, with a valid cédula.
About this procedure
An allocation (adjudicación) is the act by which, within the division of a pool of jointly owned assets, each co-owner or heir is assigned the specific asset or assets that correspond to their share. It's the step that turns an abstract right (for example, "I'm entitled to a third of the estate") into concrete ownership of a specific asset (for example, "this apartment is mine"). It's used mainly in three scenarios that are very common in Venezuela: dividing an estate among several heirs, settling marital property after a divorce, and dissolving an ordinary co-ownership or a company. The allocation can result from an agreement between the parties (amicable division) or from a court ruling. We focus on the amicable route: we draft the division and allocation document, making clear which asset goes to whom, on what basis and at what values, and we authenticate it to give it fecha cierta (a legally certain date, so the document holds up against third parties). Keep in mind that when the allocated asset is real estate, besides the notarial authentication you'll normally need to record it at the Registro Inmobiliario (Real Estate Registry) so the change of ownership is enforceable against everyone; in that case, we guide you through that extra step. If what you plan to do is transfer a right or a claim to someone else, see the Assignment for payment (cesión onerosa) or the Assignment without payment (cesión gratuita).
Legal framework and important notes
Ley de Registros y Notarías (Registries and Notaries Law) · Código Civil (Civil Code)
- When the assets include real estate, notarial authentication isn't enough. The allocation has to be recorded at the Registro Inmobiliario so the change of ownership is enforceable against third parties
- Don't leave that step half done, because it's what gives you secure ownership
We guarantee our service, not what the agency decides. If something depends on them, we tell you clearly and in time.
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