7.4.1. Imputation of real estate income. Cases in which imputation is appropriate

Owners of real estate or holders of real rights of use or enjoyment that fall on the same, must impute real estate income when the following circumstances occur:

1. That they are considered urban real estate in accordance with article 7 of the consolidated text of the Real Estate Cadastre Law or that they are rural properties with constructions that are not essential for the development of agricultural, livestock or forestry operations.

2. That are not affected by economic activities

3. That the properties do not generate capital returns; That is to say, they are not leased nor have there been any other transfer of use for a fee.

However, the following properties are not subject to charges:

• The main home.

• Undeveloped land.

• Properties under construction.

• Properties that for urban planning reasons are not suitable for use.