Thursday, November 12, 2009

Lawyers Spain

With so many people buying real estate in Spain, there is now lot of demand for English speaking lawyers spain. Many lawyers have English speaking staff to help the clients from other countries. The Spanish for a Lawyer is an "Abogado". And the Law society in Spain is called the Ilustre Colegio de Abogados. Any one with income less than 2.5 times the minimum wage are entitled for free legal aid in spain. Hence when you contact lawyers spain, check the fee charged by them and whether you are comfortable with that.

In Spain it is possible to invest in real estate with the help of real estate agents and, but is always advisable to take the help of lawyers spain to evaluate the property and its documents.

If you have decide to buy some property, contact one of the lawyers spain, who specialize in real estate. They know the correct value of the property and ensure that you are not offered the same at higher price.

The lawyers spain check the seller�s escritura p�blica - deeds to the property to see thether the seller is indeed the owner or not. They also arrange a nota simple from Property Registry to check if the property is under mortgage.

Once this is done, lawyers spain check referencia catastral/certificado catastral. Confused? It is checking the accuracy of the description of the property.

If you are not aware of the local taxes, you may land up buying a property with past bills unpaid. Then you will be liable to pay the pas bills too. However lawyers spain ensure that all past bills have been paid by the seller, including Impuesto Sobre Bienes Inmuebles (IBI) on a resale property or Declaraci�n de Obra Nueva on a new property. It is also important to check if there are any pending bills against community charges, water bills, electricity charges etc.

The lawyers spain advise you to pay a specified deposit to the seller once the property is identified and the owner of the property is willing to sell. The Sales Contract takes place in the presence of a notario, who is a public official, not a private lawyer.

Your title will be registered with the Property Registry, making it a Registered Title Deed. Within 2 or 3 months the registered title deed will be made available with notario, and you can collect the same from him. The lawyers spain co-ordinate all these activities and ensure that the transaction is smooth. The additional costs may run upto 10% of the property value and does not include the fees of lawyers spain.