Gandia Lawyers

Dec 142011
 

Spanish inheritance law and procedure are totally different to that applicable to common-law systems such as in the UK. There are also differences with regard to other European countries and Spanish inheritance tax laws differ between the regional authorities of Spain.

Under Spanish inheritance laws, a certain proportion of a Testator’s estate must be left to their surviving wife/husband and their children. However, foreigners can leave their Spanish property and assets to anyone of their choice.

If you have any property in Spain, it is strongly advisable that you make a Spanish Will as this action will speed up the legal process of inheritance.

I strongly recommend making a will in Spain (even if you already have a Will in your home country) because:

1. If you die in Spain with only a Will made abroad then the Spanish authorities will require the heirs to prepare an authorised translation of the non-Spanish Will. This will require an “apostille” (an official stamp verifying the signature of the judge) on the original document all of which involve work, costs and time that could be easily avoided through making a Spanish Will.

2. The time limit for making an inheritance tax declaration in Spain is 6 months from the date of death of the deceased. If you are waiting for probate to be completed from the home country of the deceased and then have to obtain a translation and the “apostille” before taking it to Spain, you can easily overrun this inheritance tax time limit and be subject to fines.

3. A Spanish Will allows you, to a certain degree, to regulate the distribution of your assets.

4. You can also make inheritance tax savings by making the right kind of Will in Spain.

 

Warning: any information or advice contained within www.gandialawyers.com is for general guidance only. Specific legal advice should always be sought before taking any action and Carolina Just Miró and the publishers of www.gandialawyers.com cannot be held liable for any action taken in reliance upon the advice and guidance provided herewith.

Dec 032011
 
Property for sale Valencia

Property for sale Valencia - beautiful pool area

Of course, most Spanish conveyancing lawyers do not visit the properties that their clients want to buy.  That is unusual and not really considered a part of their duty.

However, over the years, I have increasingly made it a habit to visit the Spanish properties that my clients wish to buy.  This is because sometimes the state of a property does not match that on the Title Deed registered at the Spanish Land Registry.  Typically, this could occur if a house has been extended without the Spanish Land Registry having been informed about the extent of the works done and the alterations made (which may have been performed illegally).

Of course, your Spanish conveyancing lawyer will not know if the Title Deed to the house you want to buy is correct with regard to its Land Registry description unless he has either seen the property concerned or been given a very detailed (and accurate) description of the property.

So, if you are interested in buying a house in Spain then always provide your lawyer with a clear and comprehensive description of the property – how many floors and rooms, whether it has out buildings, a swimming pool etc.  It is also a good idea to give your Spanish lawyer some photographs.

Obviously, if you are not sure that you can provide a good and detailed description then it is a good idea to ask your Spanish conveyancing lawyer to visit your intended property.  This was your lawyer can check the reality of the property against what is described in the Title Deeds.

Incidentally, I am prompted to write this as recently a client of mine wanted to buy an old town house in a village close by to Gandia called Rótova. On the Spanish Land Registry information, the property my client wanted to buy as shown as a single property. However, when I visited the property to check it against the Title Deeds I found that the owner had divided the property into two floors (using an external staircase) as though it was a block of apartments. This was not apparent on the Spanish Title Deeds and it turned out that the work had been done illegally.

So beware when buying Spanish property to make sure that your Spanish conveyancing lawyer is properly briefed about the actual reality of the property itself.  A ‘clean’ Title Deed is one thing but it is quite another to make sure that the reality of a property tallies with the Title Deed at the Spanish Land Registry!