Dear Readers , As informed previously, a mortgage or interest floor rate (clausula suelo) is a clause included in most mortgage loan agreements, setting a minimum rate of interest. These clauses limit any possible fall in the level of interest rates, normally the Euribor. As announced some weeks ago, the complete Court Order from the […]
Business affairs and Company Commercial Law in Spain. The transfer and sale of shares in a SL ( Limited Spanish Company). The share purchase between shareholders.
CONSULTATION: Dear Sirs,I own part of an SL company in Javea (Alicante). The total capital of the company is distributed as follows: I have 40% of the shares, Ms X has 30% shares and Mr Y has the rest 30%.Ms X wants to buy me out and we have agreed a price for my shares. […]
Spanish Real Estate Law and legal advice. The new Building’s Energy Performance Certificate needed when buying selling, renting or leasing a property in Spain.
In compliance with the European directives 2002/91/EC and 2010/31/EU, Spain has granted the Royal Decree 235/2013 concerning the basic procedure for certification of energy efficiency or performance of buildings, which has been published on the 13th /04/2013, and is already in force. This Royal Decree establishes the obligation to deliver to purchasers or users and […]