Purchase of properties in Spain. Importance to justify marriage status
If you buy a property in Spain, being married in some countries such as France, Belgium, Italy, Germany, Sweden, Canada, the United States, Latin America, etc.,
Usufruct in Spain when buying properties
Usufruct in Spain when buying properties De”Usufruct” is the right to enjoy, use and obtaining profit and rent from a property. “Bare ownership” is the right of property ownership which remain after the usufruct, and that does not give the right to use or to dispose on it while the usufruct right exists. On many […]
“Usufruct” in Spain – Right to use the property
USUFRUCT IN SPAIN FOR REAL ESTATE AND PROPERTIES “Usufruct” in a property ownership is the right to use and benefit from a Property not being the owner. It is like being the tenants but not paying any rent. So, the owners of the property are different people from the user. This kind of owners is […]
Ways to know who owns a property in Spain. How to detect who is the owner?
Determining Property Ownership in Spain: Legal Complexities and Practical Challenges In Spain, there are numerous scenarios where it becomes essential to identify the owner of a particular property. This need can arise from various motivations, whether they are commercial—such as exploring potential opportunities for purchasing or selling real estate—or legal, where obtaining ownership information may […]
Payment of purchase price to notary account in Spain. Is this possible?
The Evolving Practices of Payment in Spanish Real Estate Transactions From Traditional Methods to Modern Adaptations For many years, and even decades, a specific form of payment has been prevalent in the Spanish real estate market, particularly in the purchase and sale of properties. This traditional method typically involved two main stages of payment: 1. […]
New Law for Housing in Spain – Certificate of habitation obligatory
Table of Contents Law 12/2023, of May 24, for the right to housing (Ley para el Derecho de acceso a la Vivienda). Comprehensive Overview of Law 12/2023: The Right to Housing in Spain Law 12/2023, of May 24, for the Right to Housing (Ley para el Derecho de Acceso a la Vivienda), Click here to […]
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 out the sale without “reasonable […]
USUFRUCT IN SPAIN – REDUCING INHERITANCE TAX?
THE USE OF THE USUFRUCT TO REDUCE SPANISH INHERITANCE TAX It is very common to find ourselves in situations where it is advisable to study various financial possibilities in order to find the best tax formula when purchasing real estate. On many occasions we find that many of our clients ask us about the best […]
Buying usufruct – Right of Use on Spanish properties
The Usufruct in Spain: A Legal Strategy to Reduce Inheritance Tax When purchasing real estate in Spain, it is often advisable to explore different financial and legal strategies to minimize future tax obligations. Many clients seek guidance on how to reduce or avoid Spanish inheritance tax. One of the most effective and commonly used solutions […]
Marriage system – Differences when buying in Spain
It is the spouses themselves who have to opt for one of the three modalities in the matrimonial agreements. Community of assets is imposed in the event that the contracting parties have not opted for any, except in the case of the Valencian Community, the Balearic Islands o Catalonia, where the regime of separation of […]