Cancelling your mortgage at the Land Registry

Cancelling your mortgage at the Land Registry

por | Jun 4, 2018 | Legal

If you economically cancel your mortgage with the bank but never inform the Land Registry, the mortgage will still be registered against the property. If you decide to sell your property, the buyer will find out that there is a mortgage against the property and he/she...
Anti Money Laundering (AML) in Spain

Anti Money Laundering (AML) in Spain

por | May 16, 2018 | Legal

Anti Money Laundering (AML) in Spain The criminalization of money laundering was added to the penal code in 1988 when laundering the proceeds from narcotics trafficking was made a criminal offense. In 1995, the law was expanded to cover all serious crimes that require...
Divorce in Spain

Divorce in Spain

por | Mar 2, 2018 | Legal

In this post, we explain you how to get divorce in Spain. Getting a divorce in Spain is a relatively straightforward process provided both parties agree on the appropriate arrangements for children and assets (Mutual Agreement). The divorce law in Spain is no-fault,...
Will in Spain «Testamento»

Will in Spain «Testamento»

por | Feb 14, 2018 | Legal

Reuters Solicitors always recommends to legalize a Will / «testamento» which covers properties and other assets based in Spain such as money in Spanish bank accounts. Should I make a Spanish will? As previously said, Reuters Solicitors recommend you to make a will...
Floor Clauses in Spanish. Mortgages

Floor Clauses in Spanish. Mortgages

por | Ene 30, 2018 | Legal

Some Spanish mortgage lenders have been overcharging borrowers using illegal ‘floor’ clauses that limit the minimum interest rate they can charge. Borrowers with mortgages in Spain taken out in the boom years could be entitled to a substantial refund. What is a...