Is the house insurance obligatory? As difference with CAR INSURANCE, where insurance is OBLIGATORY, in respect of houses getting insurance is VOLUNTARY. Although “voluntary”, getting house insurance is highly recommendable, not only to cover eventual risks of robbery, inundation, fire (as the recent unfortunate case in Javea and Benitatxell- We
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
Understanding the Legal Role of Reservation Contracts in Spanish Property Transactions In Spanish real estate transactions, one of the most crucial early steps is the signing of a reservation contract. This document is usually signed after the buyer has chosen a property and reached an agreement on price and
For many years now we have been experiencing a series of legislative reforms, and essential changes in the way in which the process of obtaining mortgages in Spain has been developing historically. Spanish banks have been subjected to great stress when it comes to legally confirming the positions and conditions
Legal Responsibilities for Property Defects in Spain: Your Rights as a Buyer One of the most common concerns during the purchase or sale of a property in Spain is the possibility of discovering construction defects after the transaction has been completed. Whether buying a new home or a resale
