8 percent more deeds in the second quarter

The total number of deeds executed by notaries in the second quarter of this year was 8 percent higher than in the same period last year. A total of over 459,000 deeds were executed in April, May, and June. Last year, that number was 425,000. The largest increase was in the number of mortgage deeds: 16 percent. The number of transfer deeds (12 percent) and living wills (11 percent) also rose significantly.

The increase in the quarterly figures (pdf) is due to the months of April and May, as in June the number of deeds executed actually fell by 6 percent compared to the same month last year. The largest decrease is seen in the number of transfer deeds. This is the second time this year that a decrease in the number of deeds has occurred in the last month of a quarter. In March, the number of deeds was also lower than in the same month last year.

June
Besides the number of transfer deeds (a decrease of 13 percent), the number of mortgage deeds (7 percent), wills (6 percent), and deeds of incorporation for private limited companies (4 percent) also decreased in June (pdf) . The number of living wills, however, did show an increase: 2 percent.