HIDDEN FAULTS OR DEFECTS IN PROPERTY PURCHASES

wall background with broken plaster seamless
Hidden problem after purchasing a property

This article considers the legal procedures which protect buyers when they purchase a property with serious faults which were concealed by the vendor when the property was transferred at notary. Continue reading “HIDDEN FAULTS OR DEFECTS IN PROPERTY PURCHASES”

BANNED AND ILLEGAL ACTIVITIES IN COMMUNITIES OF OWNERS

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Problems in neightborhood

What should we do in the case of a resident in a community of owners who is carrying out in a dwelling activities that are either disturbing other residents, banned in the Statutes, or are even illegal? Continue reading “BANNED AND ILLEGAL ACTIVITIES IN COMMUNITIES OF OWNERS”

TAXATION OF VIVIENDA VACACIONAL (PRIVATE HOLIDAY RENTAL) PROPERTIES

For Rent Real Estate Home Rental House SignGiven the numerous enquiries and questions received in respect of Decree 113/2015, of May 22, which approved the regulation of holiday homes in the Autonomous Community of the Canary Islands (BOC No. 101 of 05/28/2015), the Canarian Tax Authorities have announced on their website that a vivienda vacacional rental (defined as a temporary holiday let to someone in exchange for money and which has been advertised in tourism-related channels) is an activity subject to, and not exempt from, Canarian Indirect General Tax (IGIC).  Continue reading “TAXATION OF VIVIENDA VACACIONAL (PRIVATE HOLIDAY RENTAL) PROPERTIES”

7 FREQUENT MISTAKES MADE WHEN RECLAIMING RENT ARREARS

Depositphotos_13434958_s-2015Today I am going to explain the mistakes commonly made by landlords when reclaiming rent arrears themselves, i.e. without a lawyer or legal clerk, since the law allows this whatever the debt might be. Read the following carefully and, of course, take steps to avoid repeating them.  Continue reading “7 FREQUENT MISTAKES MADE WHEN RECLAIMING RENT ARREARS”

SUMMARY OF THE MEASURES WHICH MAY AFFECT RESIDENTS OF SPAIN

The Spanish budget for 2018 was meant to have been approved in September 2017, but due to political instability in Spain and the lack of sufficient support to pass the budget, it had to be postponed.  With no 2018 budget confirmed at the start of the year, the 2017 budget was automatically extended until the new one could be approved. Continue reading “SUMMARY OF THE MEASURES WHICH MAY AFFECT RESIDENTS OF SPAIN”

CHANGES IN TOURIST LAWS TO COME

According to the draft of the new regulation of holiday rentals in Canary Islands, owners can rent their property to tourists if it meets these criteria:

Compliance Rules Regulations Guidelines Arrow Signs Diagram

– The property must be in an area defined as RESIDENTIAL (or consolidated residential area within a Tourist area, and not forbidden in municipal urban planning). Continue reading “CHANGES IN TOURIST LAWS TO COME”

COMMUNITY – Governing bodies and owner representation: Questions and answers (II)

THE FUNCTION OF THE PRESIDENT OF A COMMUNITY

The president must be an owner or the appointment will be null and void. A limited company can be appointed. The president is the person or body who represents the community  externally, and its most important individual, such that the other members of the community especially the secretary  and administrator, are required to carry out his/her administrative orders and instructions, though this does not empower him to dismiss anyone, nor to take legal action or file claims, sack employees and approve works, without  approval of the community. Continue reading “COMMUNITY – Governing bodies and owner representation: Questions and answers (II)”