EXAMPLE OF TAX IN THE PURCHASE OF A COMPANY WITH A REAL ESTATE PROPERTY
Let’s imagine a company that is constituted for the promotion and construction of a house. The house and the plot are then assets of the company. While the house is being built, someone decides to buy the house with the 100 % of the acquisition of the property shares of the company. In other words, […]
PCR WHEN ENTERING INTO SPAIN AFTER 23 NOV 2020 BY SEA OR PLANE
After November 23, 2020, all those passengers who come from a high-risk country / area in relation to the SARS-CoV-2 coronavirus, must necessarily present, in order to enter Spain, a certificate with a NEGATIVE result of PCR (RT-PCR of COVID-19), carried out in the 72 hours prior to your trip. Travel agencies, tour operators, air […]
HOW TO EXECUTE A FRENCH TESTAMENT IN SPAIN
In order to execute a French Testament in Spain, you need to present the Testament to a French notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the Act of the Succession and the Declaration of Heirs. To appointing you as legal inheritor of the deceased’s assets […]
TEMPORARY AND PERMANENT RESIDENCE PERMITS FOR UNITED KINGDOM CITIZENS CURRENTLY RESIDENTS IN SPAIN
On 2nd July a new law has came into force in Spain to regulate the Spanish residence status of the UK citizens, which creates a new RESIDENCE DOCUMENT to be obtained for those UK citizens to wish to continue in Spain as “Spanish-EU residents”. Taking this into account, what the law is the following one: […]
Rent with Option To Buy Contract (RTB)
Regarding the real estate residential market, that is, the purchase and sale of first/permanent residence, we were talking about the “latent demand” that exists in Spain with respect to those foreigners from other countries, who wish to come to Spain to live on permanent basis. A fact that has been constant for the last two […]
VISITING SPAIN IN PROPERTY SEARCH AND PROSPECTIVE TRIP?. 10 RECOMMENDATIONS YOU MUST NOT FORGET
Are you in the process of coming to Spain (Valencia, Alicante, Murcia Almeria, Malaga…) to visit properties to buy ?. What do you have to do? In relation to your future purchase in Spain, let us inform you with the steps to follow and share with you some information that can help you in the […]
TLA LAWYERS MEMBERSHIP AT THE LAW SOCIETY OF ENGLAND AND WALES
Senior Lawyer, Mr. Juan Carlos Marhuenda, has Membership registered at the Communties Division of the Law Society of England and Wales, at the Property Law Section. What is the Comminities Division of the Law Society of England and Wales?. It is a section of information and promotion of relevant matters to the Law Society Members. […]
PROPERTY NOT SOLD. PURCHASER’S BREACH OF CONTRACT. WHO PAYS AGENT’S COMMISSION?
There is a popular misconception on the agent’s commissions on Spanish property sales. It is understood that agents collect their commissions only on completion, and when the sale has been successfully completed. But, what’s the real position of the agents by the Spanish laws? AN EXAMPLE: When the buyer pull out the sale without “reasonable […]
Expropriation of properties in Spain-Land’s Grab
Expropiation in Spain – Spanish property expropriation An expropriation is defined as “to take land without consent of the owner …”. It is hard to imagine an exercise of governmental authority that can have a more direct impact on an owner’s property rights than the taking of an owner’s land without the owner’s consent. As […]
Repossessed properties in Spain. Conveyance and practical aspects
TLACORP lawyers are experts in conveyance, and real estate, with wide experience in Spanish repossessions. This is an activity that we have developed during the recent years with high levels of efficacy and success to our clients. As you could see in this special section of repossessed properties, the decision to buy this kind of properties is adequate […]
