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...
This is the blog you should read if you want to find a Property Bargain in Spain. We will like to start this blog by saying that property bargains exist in Spain, although the process of finding them can be almost impossible for an individual without an extensive...
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...
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...
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...
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