If you are a senior citizen, a reverse mortgage is one of the best options you have to live without limitations. If you face liquidity problems or simply want to have a good retirement, you should know about this financial product. It is considered in Law 41/2007, which establishes the requirements and regulations for this type of mortgage. Its main…
The earnest money contract is, in the real estate field, an agreement signed between the buyer and the seller of a property. In some way, it provides greater security when buying or selling a property. All of us, at some point in our lives, have had to sign some kind of contract or agreement. This is why we know that…
Legal disputes can become protracted due to their seriousness. Among them is the dissolution of joint tenancy. There is a saying that “every head is a world of its own”, and here it is evident. Agreeing with others to enter into a partnership, business, or sell property can generate conflicts. In the dissolution of a joint tenancy, the factors mentioned…
The change of use report is when you want to modify a commercial space and convert it into a dwelling. In general, a series of important steps must be followed in order to carry it out correctly. If you need to make the change of use memory, in this blog we are going to provide you with everything you need…
The first occupancy license is an important milestone in the life of any property. It means that the building is safe and ready for human occupancy; it also ensures that all necessary permits have been obtained. Although it may seem like a minor detail, it is actually quite important. Without a first occupancy license you cannot rent your property. This…
A cédula de habitabilidad is the legal document of a property that fulfills the necessary requirements to be inhabited according to the current legislation. These requirements include spatial factors, ventilation, lighting, security, as well as the minimum facilities required. These elements are mandatory so that the supplies can be discharged if necessary. We are talking about water, electricity and gas.…
Today we are here to tell you how you can change your electricity supplier after moving house. But we will also give you some valuable tips to help you choose the best rate for your new home. How to make the titular change of light It is important that as soon as the moving day is near, you start to…
Urban land sales and purchases The process of buying and selling urban land can be somewhat complicated. Especially for those who do not have a concrete idea of the legal procedures involved in the purchase of land. To do so, you will need to be aware of a number of key issues that will facilitate the process of acquiring urban…
When we talk about the real estate market, we are referring to Real Estate in Spain, a term that is currently widely used. Specifically, we refer to assets that, due to their nature, are immovable from the site where they are located. It also means real estate, and is an Anglo-Saxon term that encompasses the rental and sale and purchase…
In view of the trend of changes in fixed-rate mortgages, the Association of Financial Users ( ASUFIN ) has issued a warning. All this because it detected bad practices in the banking sector. The entity disclosed some suspicions of non-compliance with binding offers by banks. These would be applying some strategies to circumvent the Mortgage Subrogation Law. In summary, ASUFIN…
