Plusvalia update again

  New situation of the plusvalia tax.   State of the art of the plusvalia tax in Spain In this post I refer to the situation of the plus valia tax. We recalled that the Constitutional Court and the Supreme Court had established that the plusvalia tax was not...

New plusvalia update

  Current situation of the plusvalia tax specially in the Valencian Region State of the art of the plusvalia tax in Spain In this post I tried to explain what was the plusvalia situation back then. Summarizing brutally the history was as follows:   The...

PENALTY CLAUSES

  How does a a penalty clause work in the Spanish conveyancing system What is a penalty stipulation? I would like to try to explain easily (if possible) how it works a penalty clause in a property sale and purchase contract. A penalty stipulation is an...

TAKING A PROPERTY OFF THE MARKET

  Option to purchase contracts are a feature of the Spanish property market. These sometimes require a payment from the prospective purchaser. Purchasers need to understand the nature of option to purchase contracts. What does it mean? Frequently estate agents...