Conveyancing
We provide expert legal advice on all aspects of real estate law.
Our basic instruction covers all the process, from the initial consideration of purchasing a property in Fuerteventura to the total registration of the title deed and all related legal issues, including:
- Preparing a legal budget including a breakdown of all applicable fees, taxes and expenses and an outline of the procedure for your information.
- Assistance in assessing your financial situation to determine the viability of the projected transaction.
- Investigation of the title, urban planning situation, licences and permissions.
- Communication with the seller and/or estate agent.
- Raising any appropriate enquiries.
- Advice about the reservation and purchase contracts and co-ordination of the signing.
- Liaising with your bank to ensure that the necessary funds are in place for completion and that the means of payment are prepared. If you are taking a mortgage, we co-ordinate the signing of your title deed and mortgage deed with your bank, informing you of the amount that you will need to transfer to your bank account to cover all applicable charges and expenses, as per your mortgage conditions.
- Preparing a full report on all legal aspects of your purchase.
- Preparing a financial estimate.
- Dealing with pre-completion legal arrangements and checks.
- Arranging for the signing of the Transfer Deed.
- Checking final Land Registry search.
- Paying for your property, after obtaining funds from you and withdrawing the means of payment from your bank.
- Receiving and checking the Title Deed.
- Payment of Stamp Duty (and Transfer Tax where applicable) to Spanish Tax Office.
- Payment of tax retention (where required) to the Spanish Tax Office.
- Registering your ownership with the Land Registry.
By following standard procedures, checks and enquiries, we ensure that the transaction is formalised with all possible guarantees, whilst we adapt to the special characteristics of each case and client, dealing with each situation in the most efficient way.
|
|