Blog Category: Spanish Legal Issues

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Buying a Property in Spain – Some of the Differences of the Spanish Legal System

Posted and filed under Property in Spain, Property Purchase/Sale Service.

People buying a property in Spain are often surprised at differences between Spain and other countries for buying property. Deposit Firstly in Spain, you will find you are asked for a deposit (generally 3,000€ in the La Zenia area) very early on. You should make sure that your legal representative obtains an extract from the Land Registry (nota simple), ideally before… Read more »

Supreme Court Rules Los Lagos de Santamaría Investor Can Claim Deposit

Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain, No Win No Fee, Off-Plan Deposit Legal cases, Property in Spain.

A Recent Precedent extends the Supreme Court Judgement Ruling to Refund Off-Plan Deposits to Individual Investors, not just ordinary consumers. The Supreme Court ruling in 2015 set a precedent for Banks to have to pay investors back the deposits they put down on homes sold off-plan, because by Spanish Law 57/1968 (Consumer protection law) when off-plan deposits were paid into… Read more »

Inheritance and Donation Tax in the Valencian Community

Posted and filed under Legal Issues in Spain, Taxes in Spain, Wills, Probate, Donation and Inheritance.

We have explained many times how there are taxes in Spain on the transfer of assets when a person dies (inheritance) and also on the transfer of assets when a person gifts them to another (donations), as there have been a number of changes in recent years. As Inheritance and Donation tax is collected and managed by the Autonomous Communities… Read more »

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