Articles

Dutch-company Director’s loan formalization when buying Spanish properties

Dutch-company Director’s loan formalization when buying Spanish properties

Formalizing a Director’s Loan for Dutch Companies When Buying Spanish Properties In the Netherlands, it is quite common for partners and directors of Dutch companies to withdraw funds from their companies for personal use. This practice often extends to using company funds to purchase real estate, including properties in Spain.

Property not sold- 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

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

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

sky and mountains and STEPS TO FOLLOW AFTER SOMEONE DIES

Steps to follow when someone dies in Spain?

Steps to follow after the decease of a relative or family member in Spain In the majority of cases, when a family member pass away, we found ourselves in a situation in which we do not know what to do with documents, and steps to follow. These kind of actions

Atomium in Brusells - Belgium

How to execute Belgian Testament Spain

How to Execute a Belgian Testament in Spain When a person with assets in Spain passes away and leaves a Belgian will (Testament), certain legal procedures must be followed in order to execute that Testament under Spanish law. Step 1: Legalisation and Translation of Belgian Testament To begin the process,