Waiver or renunciation to an inheritance in Spain. Consequences for children, taxes, etc.

OCCASIONALLY we receive enquiries from clients who wish to renounce an inheritance, sometimes the reason is because their debts and liability (passive) are higher than the assets and rights (active) to be inherited and therefore, it is not beneficial to inherit; although sometimes the reason is due to a bad family relationship or for tax […]

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Time Sharing. Legal Claims. Get back double of the advance payments.

FROM the 1990’s until a few years ago, it was quite common for visitors to Spain (and even expatriate residents) to receive the offers related to contracts for the shared use of immoveable assets or real estate, colloquially known as timeshare contracts. By means of this type of contract, the buyer acquired the right to […]

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Claim against the IRPH. Mortgages in Spain. Conclusions of the Advocate General.

ON September 10, the much awaited conclusions of the Advocate General Mr. Szpunar regarding Case C125-18 that had been presented to the Court of Justice of the European Union CJEU, in respect of a mortgage finalised in Spain using the IRPH interest rate to calculate the amount to be charged were published.   As we […]

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