DURATION OF THE RENTALS The minimum duration of the rentals changes from 5 to 3 years, although an inferior term is agreed. Once the 3 years have elapsed, the unspoken extension will be of 1 year and not 3 as up to date. TERMINATION OF THE RENTAL CONTRACT DUE TO A NEED OF THE OWNER [...]
A new judgment from the Supreme Court on May the 9th opens the door for proceedings against those banks which have granted mortgage loans with minimum interest rates (so called “clausula suelo”) imposed. Nevertheless before starting the corresponding court case, expensive in time and costs, we consider that it would be advisable to [...]
On June the 1st the law RD 235/2013 from the 5th of April becomes effective which approves the basic procedure regarding the certification of the energy efficiency of buildings. This law forces to deliver a certificate of energy efficiency in all purchases or rentals. What are the real estate agency’s obligations regarding this certificate? Article [...]
On the 13th of April, the royal law RD 235/2013, passed on April the 5th, was published. This law specifies the fundamental procedure regarding the certification of energy efficiency and establishes the obligation to provide a certificate of energy efficiency to the purchaser or tenant of a property informing about the energy efficiency of the [...]
Some time ago we have created a blog where the lawyers, tax advisors and economists from DMS- Consulting frequently publish news and reports about every legal subject (labor law, administrative law, tax law, civil law, criminal law etc.) and accounting: (http://www. consultingdms. com) Following the line of COPYLEFT, which goes back to the idea of [...]
TAX OBLIGATIONS FOR REAL ESTATE PURCHASE BY NON-RESIDENTS IN SPAIN a) The SELLER IS A PRIVATE INDIVIDUAL The buyer must pay to the Balearic Treasury the PROPERTY TRANSFER TAX (ITP) on a scale of 7 to 10% of the value of the propert. On our web page www.consultingdms.com you can find a TOOL FOR AUTOMATIC [...]
