Accelerated repayment clause in mortgage loans. Nullity. Judgment of the CJEU.

ON March 26 of this year, the Grand Chamber of the European Court of Justice issued a court decision on the accumulated cases C-70/17 and C-179/17, relating to accelerated repayment clause or the early maturity clause contained in the majority of mortgage loans in Spain.   First of all, it should be remembered that the […]

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New Changes on the Lettings Regulations in Spain. Royal Decree 7 2019. Tenants protection.

Most of the lettings contracts for a house or commercial premises are governed in Spain by the Urban Letting Contracts (Ley de Arrendamientos Urbanos). This law was born in 1994, and although it is still in force, it has been modified in numerous occasions. The last revision of this regulation has been the one carried […]

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Compensation for delay in fulfilling a contract in Spain. Penalty clause. Claim for the potential rents.

Question: I SIGNED a contract in Spain for the purchase of a property on the Costa Blanca (Javea), in which a clause was inserted stating that if the seller delayed the handing over of the property, he would have to pay a penalty of €20 for each day of delay. In fact the handover has […]

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