Donation in Spain
A donation of a property is the transfer to another person while the owner is alive. The main difference with inheritance is that under the donation, the property passes immediately to the recipient and the recipient does not have to wait to do the inheritance after the donor passes away. It will depend on the […]
Reference value in Spain
The reference value is a crucial concept used to determine the amount of taxes associated with property transactions, such as Stamp Duty, Inheritance , Gift and Transfer Tax. It’s a value that is intended to be an objective and reliable measure of the property’s worth, and it plays a significant role in calculating the taxable base. […]
Usucapion-Acquisition of ownership by long use and continued possession – Spain
Explanation of the usucapion procedure as a fair and legal title to acquire a property. What is usucapion? Usucapion in Spain is a way of acquiring ownership of a property through its continued possession. If we go to the etymology of the term, we can clearly understand its meaning: usucapion comes from the Latin words […]
Touristic Licence in Spain
The touristic licence is a permit that the city council grants so you can rent your property as a tourist accommodation and allows you to advertise it in tourist rental websites or if you would like a touristic company to rent it for you. When is the rental considered touristic? (Art. 65. LAW 15/2018, June […]
Exequatur: Foreign Judgment Enforcement (Non-EU)
Enforcing a UK judgment in Spain after Brexit After Brexit, if you need your UK Judgment to be enforced in Spain, the procedure to follow is the Exequatur proceedings, which is the enforcement of a non EU Judgment. The procedure is similar to the enforcement of a European Judgment Enforcement. How the enforcement works The Enforcement […]