real estates Tag

07 Sep How can I be sure that the value I sell my property for is not potentially subject to an under declaration claim From Spanish Hacienda?

The official valuations of property in Spain are perfectly predictable. There is even official websites like this one where for example, if you indicate your property’s cadastral value and your municipality, it will tell you what the official valuation is. Obviously every lawyer or estate agent...

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28 Jul I have a mortgage with bank for my company-owned house in Spain, can I get compensation for an unlawful “floor clause”

No, you cannot. As a Juridical person (i.e. a Mercantile Company) your company does not have the profile of a consumer according to the law. Consumers or users according to the law are the natural persons who act with a purpose outside their business, commercial...

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12 Apr The president of our owner’s community says surveillance security cameras cannot be placed outside our house according to Spanish law, is he right?

No, he is not. Video surveillance cameras in buildings owned by community of owners need a formal agreement approved on a general meeting by a majority of 60% of the owners, and such agreement makes the payment of the costs compulsory for everyone. As it...

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18 Feb What would the minimum penalty be for the lack of presentation of model 720 declaring assets, rights or properties abroad of Spain?

The minimum penalty for the lack of presentation of the model 720 when there is obligation to submit the form with respect to a single reporting obligation is of €10,000. In case three obligations of information are breached, the penalty would be €30.000....

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