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spanish-legal-advice-solicitors

mortgage spanish property

When choosing a legal advisor you should use an Abogado (Spanish Lawyer) who speaks fluent English.

The purchase contract for a resale property contains details of the vendor and purchaser, the purchase price and method of payment.

It will also confirm that the Escritura de Compraventa (Title Deed) is is in mortgage spanish property the name of the vendor and that this will be passed to the purchaser on completion of the sale.

It will also guarantee that the property itself will be transferred free from all encumbrances and rights of third parties and will state who is liable for taxes and costs costs involved in mortgage spanish property the transfer.

There will also be stipulations regarding penalties for non-fulfilment of the contract.

The purchase contract for a property still under construction will contain similar details and normally further information regarding ownership of land, building permission, completion dates and the setting up of a community etc.

etc.

mortgage spanish property

Often contracts are written in English and sometimes they are in Spanish with an official English translation.

Your Estate Agent should go through the contract with you and clearly explain any details of which you are unsure.

If you are not sure of any clauses in the contract or or have any doubts about mortgage spanish property the fairness of the stipulations then do not sign it.

It must not be forgotten that Spanish Law considers the obligation of each owner to pay his share of Community expenses as an obligation superior to all others.

Community Fees vary depending on the type of of development and standard of upkeep.

mortgage spanish property

Spanish law provides the answer to practically every problem that is likely to arise in a Community, but owners must look after their own interests, attend meetings and vote So often when first time buyers discover their ideal holiday home they are full of

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