REVOLVING CREDIT CARD IN SPAIN – ABUSIVE CLAUSES

REVOLVING CREDIT CARD IN SPAIN – ABUSIVE CLAUSES

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...

NIE certificates

NIE certificates

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...

WHAT IS USUFRUCTO?

WHAT IS USUFRUCTO?

USUFRUCTO IN SPAIN In this blog we will explain you what is an usufructo, types, constitution and extinction of the right. WHAT IS THE MEANING OF “USUFRUCTO”? Usufructo is the right to enjoy the assets/property of a third person for a given term with the obligation to...

Guide to buying a property in Spain – CONVEYANCING

Guide to buying a property in Spain – CONVEYANCING

REUTERS SOLICITORS is a qualified Law Firm which specializes in giving legal advice to foreign clients. We ensure that any transaction taking place in Spain is carried out according to Spanish Laws. CONVEYANCING Purchase and sale transactions have been our main...

Can the landlord increase my rent?

Can the landlord increase my rent?

Rent increase In Spain the landlord can increase your rent but with some limits. This faculty is regulated at Article 18 of the Spanish Law of Urban Leases (Ley de Arrendamientos Urbanos, Ley 29/1994, de 24 de Noviembre). Rental contract When a property is rented, the...

SPANISH PROPERTY MARKET 2019

SPANISH PROPERTY MARKET 2019

CONVEYANCING Housing prices increase in 2019 The price of housing in Spain marks a rise of 1.1% during the first quarter of 2019. This rise leaves the square meter at €1,703 according to the latest price index. Considering the annual variation, the increase is 6%. The...

Time Limitations for Civil Legal Cases in Spain

Time Limitations for Civil Legal Cases in Spain

It is also known as “term of the statute of limitations”, “statute of limitations” or “period of prescription” (“periodo de prescripción”) Definition A statute of limitations is a law which sets the maximum time in which parties involved have to initiate legal...

How to execute a foreign divorce in Spain?

How to execute a foreign divorce in Spain?

This is the blog you should read if you got divorce in United Kingdom or Ireland but you want to put it into force in Spain. Under European Council Regulation (EC) No 44/2001, of 22nd December, it is possible to ask for a foreign order to be executed in Spain....

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