Monthly Archives: February 2011

Banks cannot sidestep their liabilities when not issuing individual warranties.Responsibility and claims against banks endorsing a general warranty instead of an individual warranty to each purchaser when returning amounts paid by the purchaser to the developer as per the Law 57/1968. RECLAMACIÓN Y RESPONSABILIDAD DE LOS BANCOS QUE OTORGARON UN AVAL GENERAL Y NO UNO INDIVIDUAL A CADA COMPRADOR SEGÚN LA LEY 57/1968, EN LA DEVOLUCIÓN DE LAS CANTIDADES ENTREGADAS POR LOS COMPRADORES AL PROMOTOR.

As is known by most home buyers and investors in Spain, Law 57/1968, of July 27th concerns ‘the sums of money given in advance for the construction and sale of properties for living purposes’ despite being a very brief Law, … Continue reading

Posted in CLAIM AGAISNT DEVELOPERS AND BUILDERS. RECLAMACIONES CONTRA PROMOTORES Y CONSTRUCTORES, COURT CASES - REAL ESTATE LEGAL ACTIONS, execution o bank guarantee and insurance policies, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Court Order for termination of purchase contract and payment back of the deposit paid in the complex: Urbanizacion Jardines de Montemar, developed by RUSHCLIFFE MANAGEMENT SERVICES S.L today known as Jardines de Montemar SL, being the insurance company HOUSTON CASUALITY COMPANY EUROPE SEGUROS Y REASEGUROS S.A. Resolución judicial del contrato de compraventa y devolución del depósito entregado en el complejo: Urbanización Jardines de Montemar, Benisa ( Alicante) de RUSHCLIFFE MANAGEMENT SERVICES S.L ahora Jardines de Montemar SL, siendo la aseguradora HOUSTON CASUALITY COMPANY EUROPE SEGUROS Y REASEGUROS S.A.

We are pleased to inform that our firm has recently obtained another great court result for another purchaser who bought a property on the complex known as Urbanizacion Jardines de Montemar, Benisa ( Alicante) in the Costa Blanca, a complex … Continue reading

Posted in CLAIM AGAISNT DEVELOPERS AND BUILDERS. RECLAMACIONES CONTRA PROMOTORES Y CONSTRUCTORES, execution o bank guarantee and insurance policies | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

PERSONAL INJURY LAW IN SPAIN – BASIC CONCEPTS. DERECHO DAÑOS EN ESPAÑA. Conceptos básicos.

We receive numerous inquiries regarding the type and amount of compensation that can be claimed in Spain after a road traffic accident, a fall in a shop or office, a stumble in the street due to a pavement in poor … Continue reading

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House SWAP between countries, Spain-UK-Germany-Holland, etc Permuta de propiedades entre distintos países: España, Reino Unido-Alemania, Holanda, etc.

Can I exchange my property in Spain for a property in another country, and if so what are the tax implications in each country? This transaction is known in Spain as a permuta and is becoming increasingly common due to … Continue reading

Posted in COMPRAVENTA/PURCHASE/SALE. DERECHO INMOBILIARIO-REAL ESTATE LAW, Uncategorized | Tagged , , , , , , , , | Leave a comment

DACION EN PAGO: handing back the keys and the property to the bank in settlement of the mortgage loan. DACIÓN EN PAGO. Entrega de llaves o pago con la propiedad hipotecada del préstamo al banco.

Dear Sirs. We are a British couple and we purchased a property in Oliva (between Alicante and Valencia) 5 years ago. The exchange rate together with the economic crisis that affects both the UK and Spain mean that we can … Continue reading

Posted in COMPRAVENTA/PURCHASE/SALE. DERECHO INMOBILIARIO-REAL ESTATE LAW, COURT CASES - REAL ESTATE LEGAL ACTIONS, debt collection in Spain/ cobro de deudas | Tagged , , , , , , , , , , | Leave a comment