CONSULTATION: Dear Sirs, I had a water leak into my property coming from my upstairs neighbour’s bathroom.He said that he is not liable because although it was a problem of his house’s pipes, he did not cause it on purpose or negligently, and he could not know or avoid it, and being just an accident […]
SPANISH REAL ESTATE LAW: Communities of Owners. Owners (bare owners) and Holders of the Usufruct: Who must pay the community fees? and who is entitled to attend and vote at the community meetings?
Consultation: Dear Sirs,My wife and I own an apartment in Javea, in which my mother-in-law kept the usufruct (life interest). I wonder who should pay the community fees, if it should be my mother-in-law who is using the property, or ourselves as the owners. Also, I would like to know who should assist in the […]
Spanish Banking Law: Cancellation of a CAM Bank’s preference shares sale to a retired women for not having satisfactorily informed her about the consequences of the transaction.
According to Europa Press, a Court of Segorbe (Castellón) has recently granted a court order anulling a sale of preference shares from the CAM bank to a pensioner, condemning CAM bank to return the money invested, plus legal interest and legal costs. According to the press, the judge decided to declare null and void the […]
