Industry or Business leasing has been defined by legal doctrine and jurisprudence in Spain, as the contract which provides not only a building, but also the business and activity itself, alive and active, that can be ran immediately, since a previous activity or business has already been developed. This type of lease is different from […]
Letting Agreements
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Changes on the Spanish Urban Lettings Law. What you need to know if you let or rent a property as landlord (lessor) or tenant (lessee) in Spain
Dear readers, The Spanish Law 29/1994 for Urban Lettings ( LAU), which is the principal law ruling tenancy agreements in Spain, has been modified this month. From all the changes, we would like to highlight the following: 1.- Rental or tenancy agreements inscription on the Land Registry. Article 7 of this LAU, has been changed. […]
Spanish Real Estate Property Law. Advice and tips in reference to letting / rental contracts for urban properties in Spain. The guarantee bond or security deposit needs to be deposited with the Valencia Administration Offices.
Unfortunately some of our readers are not aware of the fact that the security deposit (bond) requested from the tenant renting a property or business in Spain, should be deposited at the banks appointed by the Valencia Administration Offices (Valencian Generalitat) by means of form 806 if the property is located in this autonomous Community, […]