‘Blockchain’ – Holiday Rentals

Spain will shortly use 'blockchain' approach to register properties for Holiday Rentals There is a new service launched by The Association of Registrars of Spain (CRE) to register properties for holiday rentals. The structure of the service is based on a 'blockchain' approach and the actual platform is called REGTURI. With this new system, the [...]

By |2020-10-07T05:30:58+00:00October 23rd, 2019|Expert Property Lawyers|0 Comments

NEW MORTGAGE ACT IN SPAIN

On Monday 17th June 2019, a new Mortgage Act (Law 5/2019 of 15th of March) came into force in Spain With the introduction of the new mortgage act, it has raised a few questions, this article aims to address most questions people may have in relation to the change. 1) To which mortgage loans is [...]

By |2020-07-15T06:38:00+00:00July 26th, 2019|Expert Property Lawyers|0 Comments

Latest Changes to the Urban Letting Act

These are the latest changes introduced in the Urban Letting Act, 1994 by Royal Decree 7-2019 passed by the Spanish Cabinet which is pending ratification by the Parliament. LATEST CHANGES RE REGISTRATION OF THE RENTAL CONTRACT IN THE LAND REGISTRY. It is not longer required to register the contract in the Land Registry in order for [...]

By |2020-07-15T06:38:41+00:00January 2nd, 2019|Expert Property Lawyers|0 Comments

What is an AFO why do you need one?

The acronym AFO – Asimilado Fuera de ordenación – has now become a part of the selling process for rural properties. But why has this come about? Well the AFO by means of an administrative certificate confirms the legal status of the property as officially recognised out of planning. This means that although the construction of the [...]

By |2020-07-15T06:38:54+00:00October 15th, 2018|Expert Property Lawyers|0 Comments

Important Spanish Mortgage Update

IMPORTANT UPDATE – ABUSIVE MORTGAGE CLAUSES A new court resolution has been issued this week relating to abusive clauses in a Deed of Mortgage. The resolution makes certain clauses included in the mortgage loan null and void as they are considered to be abusive for the borrower. The default clause; if you default on any [...]

By |2020-10-07T05:51:23+00:00September 14th, 2017|Expert Property Lawyers|0 Comments

Subletting Contract Clause

Property Rental Subletting Contract Clause As you will have seen in the media, there have been many cases of tenants, who have been subletting their property they are renting to tourists.  What! You say, but do you know what your tenants are doing? Sub letting. Lately there have been many cases of tenants who, after renting [...]

By |2020-10-07T05:24:59+00:00September 12th, 2017|Expert Property Lawyers|0 Comments