Direct Lawyers Marbella

GLOSSARY OF CONVEYANCING IN SPAIN > Index

Buying and selling property in Spain often means having to turn your hand to a wide range of things.
Each of them uses terms and abbreviations that can be difficult to understand.
We hope this glossary will give some plain English explanations to some of the most common
conveyancing terms.


A
B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Please, select the first letter of the word from the list above to jump to appropriate section of the glossary

LAND REGISTRY (REGISTRO DE LA PROPIEDAD): A Central body that retains records of who owns the land, and under what conditions


LAND REGISTRY FEES:
The fees of the Property Registry for registering your Escritura in the Register will be assessed on a scale fee related to the Escritura value. As a rule of thumb, 80% of what the notary charges.


LEGAL FEES: These fees usually amount to about 1% of the purchase price + VAT, but your legal costs could increase if complications arise during the transaction. Your lawyer should be able to give you a detailed estimate of the costs that are likely to ensue from your particular case.


LICENCIA DE PRIMERA OCUPACIÓN (FIRST OCCUPATION LICENSE):
It is a license to occupy the dwelling. It is a paper, which proves that the conditions of the building license (Licencia de Edificación) have been observed.
The purpose of this license is to check that the building has been constructed in accordance with the building license and to ensure the applicant registers the property with the tax office.
By Law, utilities cannot be connected without a First Occupation License.
Glossary of Spanish Conveyancing
 
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