Horizontal Division in Spanish Urbanisations What Is Horizontal Division? Horizontal Division (« División Horizontal » in Spanish) refers to a legal structure in which different properties—such as houses, villas, or apartments—share ownership of the land on which they are built. This model is frequently used in urbanisations and residential developments
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
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
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
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
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