According to the Spanish Observatory of Insurance for Renters in Default (OESA), after doubling in 2020, 30% of new leases will include non-payment insurance. They explained from donpiso: “The crisis of Covid-19 makes owners feel more insecure about a possible breach of contract“. Non-Payment Insurance The economic crisis resulting from the Covid-19 pandemic is causing serious damage to the family…
Rental property owners Four out of ten owners consider the current rental supply to be sufficient. The owner’s profile has an average age of 54 years, higher education, an average income of 42 thousand euros gross per year, and the vast majority of them have individual accommodation to rent to a third party. The concerns of rental property owners are…
Rental property owners Four out of ten owners consider the current rental supply to be sufficient. The owner’s profile has an average age of 54 years, higher education, an average income of 42 thousand euros gross per year, and the vast majority of them have individual accommodation to rent to a third party. The concerns of rental property owners are…
Faced with an unpleasant neighbour whose behaviour is repetitive and who does not pay attention to the demands of other neighbours so that the harassment of other neighbours is not repeated, the community of owners can agree to file a lawsuit to stop the unpleasant behaviour of that neighbour. For noxious activities, dangerous or illegal behaviors that are provided for…
Faced with an unpleasant neighbour whose behaviour is repetitive and who does not pay attention to the demands of other neighbours so that the harassment of other neighbours is not repeated, the community of owners can agree to file a lawsuit to stop the unpleasant behaviour of that neighbour. For noxious activities, dangerous or illegal behaviors that are provided for…
When planning an estate with real estate inheritance, it is common to consider reserving certain rights of use to each descendant and donating certain assets to their descendants as an alternative method of inheritance transfer, by contributing a certain amount in some cases, is a solution to prevent the estate from creating conflicts between heirs, and in turn reduces the…
The current oversupply of commercial leases contrasts with the fact that in recent years both short and long-term residential leases have withstood the current economic and real estate crisis better, especially in the urban centers of Spain’s major cities. In view of this situationHowever, this change of use is not always possible, since the transformation of premises into dwellings requires…
The new horizontal property law in Spain brings with it positive reforms for homeowners’ associations, including for the elderly and those with physical disabilities. These changes seek to generate building rehabilitation measures within the framework of the Recovery, Transformation and Resilience Plan, included in the Horizontal Property Law. In other words, measures have been taken to simplify the horizontal property…
There are many ways to protect your property from bad tenants. This article reviews eight of the most common methods landlords use to make sure their investment is protected. We will also discuss some things you should consider before renting out your property, and give you some tips on how to avoid tenant scams. 1) Tenant selection Checking references is…
Whenever we enter into a Shopping Center, we are usually careful with the automatic opening and closing access doors because we fear that they may fail and trap us due to an incorrect closing. This happened to a client of this law firm in Alicante, and the consequences for her have been very bad because of the significant physical damage…
