Mortgages on illegal properties: is it Bank risponsable?

Post reply   Start new thread
:: New - Old :: Old - New

Pages: 1 |

Forum home :: Latest threads :: Search forums
The Comments
30 Sep 2016 8:37 PM by mariadecastro Star rating in Algeciras (Cadiz). 9402 posts Send private message

mariadecastro´s avatar

A thinking after finding some excellent Court Decisions by Appeal Courts (Burgos is always great on protecting consumers rights of off plan buyers):

Nullity of sale due to lack of consent by the buyer as he did not know or knew wrongly on important features of the property BRINGS ATTACHED the nullity of the mortgage loan that the buyer took for that purchase.

Effects: According to Civil Code ( art. 1303) : effect of nullity is retroaction of contract exchanges to the moment previous to the signing of the contract: refund of all paid amounts plus legal interests



_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



Like 1      

Pages: 1 |

Post reply    Start new thread


Previous Threads

Struggles with mortgage payments in Spain - 4 posts
Hi. Removal boxes needed. - 1 posts
Looking for full time job - 3 posts
Are property prices about to fall in Spain ? - 23 posts
Changing name on NIE - 17 posts
Monarch - Air Operators Licence runs out on Friday - 6 posts
property value law - 2 posts
I don't have a legal resident contract and my landlord won't help me get an Empadronamiento?! - 8 posts
Yet Another Rental Car Rip Off - 45 posts
bike test - 4 posts
is it wise to move to Spain post Brexit - 45 posts
Using Spanish words in written or spoken English - 3 posts
Plumber - la Cala de mijas - 0 posts
Liability on a 6 months rental - 3 posts
Esta if you have lived in Spain - 0 posts
Customs duty - 0 posts
Diabetes type 1 - Insulin Depedent - Getting insulin & cost - 4 posts
Parcel service for sending small packets to UK - 8 posts
Satellite TV Costa Blanca South Area - 1 posts
Spanish credit cards - 8 posts
Applying for EU Citizen Registration (forms on line) - 0 posts
Modelo 210 - 8 posts
Tourism Licence - why is ENGLAND not on their list of countries - 6 posts
Mobility scooter - 3 posts
Community owner problem - 16 posts

Number of posts in this thread: 1

DISCLAIMER:  All opinions posted on these message boards are the opinion solely of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants or agents.


1 |
Our Weekly Email Digest
Name:  
Email:
   


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x