What can I do if I cannot travel to Spain? If you need to complete any transaction, legal matter, Court issue, contract signing, etc in Spain and it is impossible for you to travel to Spain, Reuters Solicitors can assist you. Spain has been under strict lockdown since...
WHAT IS A POWER OF ATTORNEY? A Power of Attorney is known as ‘Escritura de Poder,’ or ‘Poder Notarial’ in Spanish. A Power of Attorney is a legal document or written authorisation that must be signed in front of a Notary by which you empower an experienced and...
European Court of Justice (ECJ) in his judgement of 3rd March 2020 said that consumers affected by IRPH index (Índice de Referencia de Préstamos Hipotecarios), which is an index reference for mortgage loans, can claim against Spanish banks. As happened with FLOOR...
Fears are growing about a Global Recession 2020. Coronavirus crisis could be the final push for the Economic Downturn of 2020. WHAT RECESSION MEANS? A downturn is a deceleration of the economy that leads to a reduction in spending and, consequently, a demand...
Properties in Spain can be jointly owned for a number of people. This co-ownership is known as “condominio” or “propiedad en condominio”. However, there are cases where one of the joint owners wishes to terminate the community/“condominio” by buying their portion (%)...
MONEY CLAIMS IN SPAIN : MONITORIO PROCESS: In this post we explain you either to how to claim a debt or credit in Spain or contesting to a claim against you. Monitorio procedure in Spain is regulated in title III, chapter I, Articles 812 to 818 of the Civil...
CORONAVIRUS IN SPAIN. REUTERS SOLICITORS. Although Spain has been lockdown, Reuters Solicitors is working to assist and give support to clients. Reuters solicitors keep working for its clients and new clients. Reuters solicitor´s team is working at home in order to...
Our High Court in its Sentence number 149/2020, 4th March, has determined that the interest paid in REVOLVING CREDIT CARD is usurious. The Plenary Session 1st of the Spanish Supreme Court has dismissed “Casación” Appeal brought by a Wizink Bank against a...
This is the blog you should read if you cannot afford the monthly mortgage payments of your property in Spain. Spanish mortgage settlement – Dacion en pago Dación en Pago or Dation in Payment means handing the keys of your property back to the lender (bank) by the...
This guide explains what a NIE number is, the NIE application process and what you need to get your NIE number in Spain. NIE number is the personal and unique tax identification number that is used to track all financial and legal activities in Spain. So, the Spanish...
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