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
Understanding the Certificate of Habitation (Cédula de Habitabilidad) in Spanish Real Estate: Andalucia and Valencia region The «Certificate of Habitation (Cédula de Habitabilidad)», also known as the «License of Occupation«, is an essential document in the realm of Spanish real estate, particularly when it comes to the sale, purchase, and
Law 12/2023, of May 24, para el derecho de la Vivienda . Click here to see the law Enhanced Overview of the New Property Transaction Law This law marks a significant advancement in the protection of the rights of buyers and tenants of residential properties by imposing stricter obligations
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.
Which is First Occupation License and Second Occupation License in Andalucía? In Andalucía, there are two main types of occupancy permits, each serving a different purpose: License of First Occupation: This is for brand new buildings. It’s a way for the authorities to confirm that a newly constructed building is
Termination of Co-Ownership in Spain: Extinction of Condominium The Extinction of Condominium (EC), also known as Termination of Co-Ownership, is a legal mechanism in Spain that allows one co-owner of an indivisible asset (typically a property) to acquire full ownership by compensating the remaining co-owners. This type of transaction is