{"id":33296,"date":"2022-07-18T10:43:49","date_gmt":"2022-07-18T08:43:49","guid":{"rendered":"https:\/\/www.cbleon-abogados.com\/the-waiver-of-actions-clause-and-the-validity-of-the-novation-clause-of-the-floor-clause-are-not-valid-in-the-same-contract\/"},"modified":"2022-07-18T10:43:51","modified_gmt":"2022-07-18T08:43:51","slug":"the-waiver-of-actions-clause-and-the-validity-of-the-novation-clause-of-the-floor-clause-are-not-valid-in-the-same-contract","status":"publish","type":"post","link":"https:\/\/cbleon-abogados.com\/en\/the-waiver-of-actions-clause-and-the-validity-of-the-novation-clause-of-the-floor-clause-are-not-valid-in-the-same-contract\/","title":{"rendered":"The waiver of actions clause and the validity of the novation clause of the floor clause are not valid in the same contract."},"content":{"rendered":"<p><span style=\"color: #000000;\">Mortgage loans always require a legal support in which the conditions between the banking institution and the client are established. This contract, at the same time, reflects the national laws that support and regulate the transaction in order to avoid problems in the future.<\/span><br \/>\n<span style=\"color: #000000;\">Although the State defines certain rules and laws for mortgage loans, there are some actions that can be used to modify a contract, however, there must be a prior agreement between the interested parties.<\/span><\/p>\n<p><span style=\"color: #000000;\">Likewise, the banking institution may modify a contract by agreeing it with its client, but at the same time, the laws on which the change is based must be compatible and congruent, otherwise it cannot be carried out.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Tabla de Contenidos<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/cbleon-abogados.com\/en\/the-waiver-of-actions-clause-and-the-validity-of-the-novation-clause-of-the-floor-clause-are-not-valid-in-the-same-contract\/#Waiver_of_action_and_floor_clause_in_mortgage_loans\" >Waiver of action and floor clause in mortgage loans<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/cbleon-abogados.com\/en\/the-waiver-of-actions-clause-and-the-validity-of-the-novation-clause-of-the-floor-clause-are-not-valid-in-the-same-contract\/#Why_cant_both_clauses_be_in_the_same_contract\" >Why can&#8217;t both clauses be in the same contract?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Waiver_of_action_and_floor_clause_in_mortgage_loans\"><\/span><strong><span style=\"color: #000000;\">Waiver of action and floor clause in mortgage loans<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-33293 size-full\" src=\"https:\/\/www.cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios.jpg\" alt=\"mortgage loans\" width=\"2000\" height=\"1335\" srcset=\"https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios.jpg 2000w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios-300x200.jpg 300w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios-1024x684.jpg 1024w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios-768x513.jpg 768w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios-1536x1025.jpg 1536w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios-370x247.jpg 370w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2022\/07\/prestamos-hipotecarios-760x507.jpg 760w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n<p><span style=\"color: #000000;\">The floor clause is used to establish that, in a mortgage contract, the variable interest rate can never be lower than a certain percentage. In other words, it limits that even if the interest rate is lower, the consumer cannot benefit from this reduction in his installments.<\/span><br \/>\n<span style=\"color: #000000;\">However, in recent years, some credit institutions have reached an agreement with their borrowers, in which the floor clause is eliminated or its amount is reduced. At the same time, the consumer waived the right to claim for the interest charged to date as a result of the application of the floor clause.<\/span><\/p>\n<p><span style=\"color: #000000;\">Regarding the Law, STS 205\/2018, of April 11, Plenary, establishes that as it is a private agreement, it is totally valid, moreover, it indicates that it is a transaction and not a novation. Basically, it is an agreement with clauses that are transparently prearranged.  <\/span><br \/>\n<span style=\"color: #000000;\">Although the proposal appears to be a congruent action, the doctrine set forth in this Supreme Court ruling is contrary to Directive 93\/13\/EC and the case law of the CJEU, and is therefore invalid.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_cant_both_clauses_be_in_the_same_contract\"><\/span><span style=\"color: #000000;\"><strong>Why can&#8217;t both clauses be in the same contract?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000000;\">For a waiver of action to be valid, it must be transparent and inform the consumer of the amount to which it waives, or ultimately, it must provide the consumer with the mechanisms and ways to know the exact amount of his or her loss.<\/span><\/p>\n<p><span style=\"color: #000000;\">This was established by the Chamber of the Supreme Court (Plenary) in its Ruling (580\/2020) dated November 5, 2020, but in accordance with this consideration, in the contracts carried out in recent years, this information is drafted in a generic manner.  <\/span><br \/>\n<span style=\"color: #000000;\">When these contracts state &#8220;any action arising from the formalization and clauses of the loan contract, as well as the settlements and payments made to date&#8221;, it indicates that it covers issues unrelated to the controversy underlying the alleged settlement agreement and this cannot be valid.<\/span><\/p>\n<p><span style=\"color: #000000;\">Technically, the clause whereby the consumer himself waives, for future disputes, legal action based on the rights granted to him by Directive 93\/13, does not bind the consumer.<\/span><\/p>\n<p><span style=\"color: #000000;\">Thus, the waiver of actions clause and the validity of the novation clause of the floor clause are not valid in the same contract, as should be applied from the publication of these criteria in the Court of First Instance 25 bis of Valencia and the Ninth Section of the Provincial Court of Valencia.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage loans always require a legal support in which the conditions between the banking institution and the client are established. This contract, at the same time, reflects the national laws that support and regulate the transaction in order to avoid problems in the future. Although the State defines certain rules and laws for mortgage loans, there are some actions that&hellip;<\/p>\n","protected":false},"author":5,"featured_media":33290,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_joinchat":[],"footnotes":""},"categories":[170],"tags":[],"class_list":["post-33296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts\/33296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/comments?post=33296"}],"version-history":[{"count":0,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts\/33296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/media\/33290"}],"wp:attachment":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/media?parent=33296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/categories?post=33296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/tags?post=33296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}