Blog & Articles

IBI tax and Basuras

18/01/2010
fuente: MCGRENRA & GONZALEZ

IBI TAX – IMPUESTO SOBRE BIENES INMUEBLES

The IBI tax is paid annually and is based on the valor catastral given to the property and the plot on which it stands. The amount is calculated by the local authorities and you can either go to the local tax office (called SUMA) and pay it directly when you receive the yearly notice in your postbox, or you can arrange for it to be paid automatically from a Spanish bank account (the best option if you do not live permanently in Spain). One of the papers required by law in any property sale in Spain is proof of payment of the previous year's property tax which must be produced in this case by the vendor.

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Powers of Attorney

18/01/2010
fuente: MCGRENRA & GONZALEZ

A Power of Attorney is a document that allows you to appoint a person or organization to handle your affairs while you are unavailable or unable to do so. For the purposes of purchasing or selling real estate in Spain, the powers of attorney usually granted are either general powers or special powers. A general power permits the chosen person or organisation (known as the Agent) to act on your behalf in a variety of different situations. A special power authorises your Agent to act on your behalf in specific situations only.

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The three main legal stages of the Spanish purchase process

16/02/2009
fuente: MCGRENRA & GONZALEZ

MCGRENRA GONZALEZ LEGAL CONSULTING specialise in property conveyancing in Spain. In this article they discuss the first two legal stages of the Spanish purchase process i.e. the reservation contract and the private purchase contract.

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