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The right of pre-emption rights in property sales exercised by the Generalitat Valenciana has long been a source of doubts, inquiries, and delays in real estate transactions. This right affected not only social housing (V.P.O.) but also properties surrendered to the bank to cancel the mortgage debt (dación en pago), foreclosure processes, and more. However, […]
Buying or selling a property is a complex legal transaction, with significant legal consequences for both parties. Yet many people in Spain still sign private sales or purchase contracts without consulting first with a lawyer. In this week’s article, we explain why it is essential to have a lawyer to review the purchase contract during […]
In Spain, under certain circumstances, the buyer of a plot of land may be considered an businessperson for VAT purposes, even if they are an individual who does not carry out any business or professional activity. This means that the transaction would be subject to VAT, which carries important tax implications and advantages. In this […]
