Clause Floor: The European Court of Justice obliges Spanish banks to pay from the beginning of the mortgage.

The judgment of the European Court of Justice ( ECJ) of 21 December 2016 (EDJ 2016/226005), could cost the Spanish banks about   € 3,000 to € 5,000 millions, depending on the number of affected consumers who finally claim for their rights, and for the nullity of their mortgage floor – suelo or limitation to the […]

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How to buy a property without all the money or mortgage? The Resolutive Condition in the Spanish law.

White and Baos Lawyers receive inquiries from buyers and sellers where, although they agree on the conditions of the sale, the buyer cannot immediately pay the full price and has problems obtaining financing – usually a mortgage loan that allows the purchase in the usual way. And if the buyer needs to defer part of […]

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Spanish Property Law, the concept of usufruct in Spain

WE FREQUENTLY receive queries in our office from clients who want to donate property to their children as a gift but they would still like to be able to keep the use of it during their life time. Another common question is about the possibility of helping their children to buy a property in Spain […]

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