Spanish Property Specialists

phone icon+34 619 88 65 42
divider

Blog

This blog is aimed to keep our clients updated with interesting news about spanish property and main legal changes.

separator

Five Clauses your Spanish Property Purchase Contract Should ALWAYS Include

/ 0 Comments /

 

The purchase contract is one of the most important elements in the process for buying a property in Spain enlace a la guia. The clauses in the contract should be drafted by your lawyer and approved the seller’s representative.

To ensure your best interests are protected in the purchase and your investment safeguarded, your contact should ALWAYS include the following:

  1. A clause including the obligation for the seller to return double your deposit if they decide not to go through with the sale.
  2. A clause with the provision for the buyer to choose which notary handles the preparation and signing of the title deeds.
  3. A clause clearly stating who is responsible for paying which taxes and costs involved in the purchase.
  4. A clause clearly stating the deadline for completion of the purchase.
  5. A clause referring to an attached inventory of all the property’s contents (both parties should sign the inventory when they sign the purchase contract).

For expert, independent advice on the purchase contract for your Spanish property, please contact us and we will be pleased to offer you a free quote for our services.

See also The Five Most  Common Errors Made by Buyers of Spanish Property

The Taxes Behind Buying a Property in Spain

separator

No comments so far!

separator

Leave a Comment