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However, before diving into downloading the Spanish Bill Of Sale With Deposit, consider these suggestions.
Spanish law allows for as many owners as you like on title deeds. Joint or multi-ownership makes a good option if you're buying as a group (for example, several siblings) or as a family. Having more than two owners also spreads the inheritance tax burden.
The process for selling a house in Spain If the buyer pulls out, they lose their deposit. If you as the seller renege on the commitment, you might find yourself obliged to pay your would-be buyer twice the amount of the deposit by way of compensation.
It is important to stress that, should the purchasers decide not to proceed with the purchase, they will not get the deposit back, except where there is express agreement otherwise, such as where the purchaser does not obtain the necessary financing or where problems arise of a legal or urban development nature that ...
Completion of the purchase is usually from one to two months from the date of signing the agreement and paying the deposit. However, if you are buying a property off plan, this period may be considerably longer, usually a minimum of one year, but prepare for delays.
When selling your property in Spain, you need the following: Title deeds. Receipts for local municipal property tax. Copies of recent utility bills. Details of community statutes. Efficiency energy certificate. Zero mortgage balance certificate. List of items included in the sale (furniture, etc.)