Real-estate law

Payment of Mortgage Loan Taxes by the Buyer

Payment of Mortgage Loan Taxes by the Buyer

Carlos Baño Leon Law Firm has been able to gather some interesting information from the Spanish Supreme Court. With the resolution of two appeals regarding the payment of Patrimonial Transfer Tax and Stamp Duty (Transmisiones Patrimoniales y Actos Jurídicos Documentados) derived from mortgage loans, the First Chamber of the Court has established that the payment belongs to the borrower, due…

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Ten-year Responsibility – Payment by the Insurance Company for imperfections in Terrain

Ten-year Responsibility – Payment by the Insurance Company for imperfections in Terrain

An agreement has been reached by lawyers of Carlos Baño Leon with an insurance company that covered the ten-year responsibility of a building, which compensates our Belgian client with an important amount for the repair of the numerous imperfections in his home. These damages occurred after a few years of the completion of construction, and were due to the nature…

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How to Act to Damage and Construction Defects

How to Act to Damage and Construction Defects

1.- Finishing damages: Once the property is handed over to, the Buyer must examine it. There will always be some finishing damages, since this tend to be frequent in every building and you will have to do a list in which you specify all the damages and construction defects detected at first sight and also those that you may find…

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Permit for Construction in Somebody Else’s Plot With 6 Years of Inactivity – Town Hall Valencian Community

Permit for Construction in Somebody Else’s Plot With 6 Years of Inactivity – Town Hall Valencian Community

Read in the Spanish newspaper EL PAIS on 10/07/2017, we publish it for its importance: A company is revolutionizing the urban planning in Valencia. We are speaking of Grupo Siso, which is a contraction for Sociedad Impulsora de Solares Ociosos. Due to the real estate reactivation, this company has picked up again an autonomic law approved, but never used, by…

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Purchases in Spain by Foreigners

Purchases in Spain by Foreigners

Since this office is very concerned with real estate law, we would like to publish this article read in the Spanish economic newspaper EL ECONOMISTA for the interest of our clients. Foreigners bought almost 15,000 homes in Spain during the first quarter of the year. For the fourth consecutive quarter, they accounted for a market share of more than 13%…

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Mortgages – Claims for Return of Excessive Interests

Mortgages – Claims for Return of Excessive Interests

This Law Firm is currently handling claims against several bank entities, such as UCI, Banesto, Bancaja and Caixa. Those claims are mainly made by British citizens and we claim the refund of the extra money collected as interests and reduction of the interest that must be paid for unpaid amortizations. Before proceeding to these claims we request a report from an…

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