Real Estate Law
Real Estate law, as well as Inheritance law, is the branch of law that regulates the transfer of real estate, that is, properties of all kinds, such as a plot, an apartment, a single-family home or any other type. Real Estate law has an important tax impact, so it should be studied very well what taxes an operation implies before undertaking it.
In Real Estate law it is important to make sure that the right decision is made from the beginning, whether you want to buy or sell real estate. It is necessary to seek advice on contracts with real estate agencies, with banks (if you intend to apply for a mortgage loan), with the option contract. In addition, it is necessary to seek advice on the urban situation of the property and the previous charges it may have.
In addition, Real Estate law implies ensuring that the client, after buying or selling the property, proceeds to its correct registration in the corresponding Land Registry and to the submission and payment of the corresponding local and national taxes.
In this sense, Real Estate law needs the advice of professionals, especially for operations with foreign persons who may need, in addition to all of the above, the prior obtaining of a Foreign Identification Number (NIE), a money laundering study and other particularities.
At ALCOVER&ASOCIADOS we have several professionals with more than 20 years of experience in Real Estate law, which means that we have advised on multiple transfers of different types of real estate, such as plots and houses of all kinds, as well as industrial buildings and hotel exploitations.
At ALCOVER&ASOCIADOS we have experience in Real Estate law from the moment the real estate agency is contacted, through the down payment and sale contract before a Notary Public, to the registration of the real estate. Everything is necessary in Real Estate Law and must be studied by a professional.
At ALCOVER&ASOCIADOS we also have the experience to litigate and enforce the rights of people who have acquired or sold real estate before the Courts, as well as the division of the common thing (co-ownership of goods).
At ALCOVER&ASOCIADOS the client will find Real Estate lawyers who will advise them on the difficult and stressful task of acquiring real estate, whatever its amount or characteristics.
At ALCOVER&ASOCIADOS we have more than 20 years of experience in going to the Civil Courts to assert the rights of our clients, with expert lawyers in the field of Real Estate law.
The client will find in ALCOVER&ASOCIADOS, in addition to advice on specific matters, the necessary knowledge of its lawyers in tax law so that the sale of real estate is carried out correctly.
Real Estate Services in Majorca
- Drafting and supervision of real estate commission contracts.
- Drafting and supervision of deposit and option contracts.
- Assistance to the Notary for the formalization of the sale and purchase agreement.
- Assistance for applying for a mortgage loan.
- Registration of real estate.
- Settlement of state and local taxes.