News

What is a mortgage floor clause? A mortgage “floor clause” is a clause contained in some, but not all mortgages, and only offered by around 30% of banks. A floor clause sets a minimum interest rate for mortgages, usually around...

In Spain it is very frequent, and even obligatory in some cases, for certain legal documents or contracts to be signed before a Notary Public. But…what exactly does a Notary Public do and why should we go to him to...

The tax authority has an own legal position and prerogatives. There is no difference in the enforcement of embargoes. When the debtor does not comply with his obligation in the voluntary period, another period commences, called the enforcement period. This...

Purchasing a car in Spain (on Spanish plates), just the way Spaniards do, has numerous advantages and can help you avoid a lot of complications. You do not have to pay in foreign currency and you can purchase on the...

A “general power of attorney” (poder general), is frequently used in Spain. The power comes in a standard form, which lists all of the actions that can be carried out by the holder. These include buying and selling property, handling...