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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Your rights when swapping properties
Thursday, August 21, 2008 @ 2:30 PM

For those of you who are using the swapping scheme... lots of luck and wisdom and my offer on legal advise:

Here you have got:

A good SWAPPING contract revised by your lawyer is needed ( each party a different one lawyer. Important)

What are the obligations of the contract parties in a property swapping?

1. To transfer ownership rights  of  the swapped property or  goods. 
2. To deliver the property or the good. ( possession)  
3. To vouch for hidden deffects. 
4. To guarantee a peaceable possession
5. To vouch for someone else´s senior rights. 
6. To pay correspondent expenses of Notary and  Registry accoring to Law.(unless the contrary is agreed).
7. To pay those taxes required by Law.
 

Please let me know  if that scheme works for any of you.

Do you like Tinajas?

By Maria L. de Castro

web@costaluzlawyers.es

www.costaluzlawyers.es

 



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