Property, which does not have access to a public road.What are the legal issues connected with easements? What
kinds of disputes can occur and how can they be avoided? Well,
We can distinguish three types of dispute which often occur...
Listening 2
Ms Blackwell: Hello, Mr Watson, very good to see you.
Mr Watson: Hello, good to see you, too, Ms Blackwell.
Ms Blackwell: Please have a seat. Coffee, tea?
Mr Watson: No, no thank you, I'm fine.
Ms Blackwell: Great. Well, why don't we get down to business,
then? I've prepared everything you asked me for - the
House looks beautiful, by the way.
Mr Watson: Yes, it's lovely, isn't it?
Ms Blackwell: Right. Why don't I talk you through the process,
Tell you what has to be done so you get an idea of the
process as a whole and the costs you'll have, so you know
What to expect.
Mr Watson: OK, fine.
Ms Blackwell: Well, buying a home in Spain is really not that
Complicated, especially if you have the help of a Spanish
lawyer and you basically know what you're doing. Senor
Martinez is very reliable, his English is very good and he's
quite experienced in this kind of transaction. I've printed
Out an email from him - here you are - and as you can see,
he's waiting for you to contact him.
Mr Watson: OK. What about his fee, if I rnight ask?
Ms Blackwell: He told me that he charges 1,000 euros for
Assistance throughout the entire process.
Mr Watson: That's fine - after all, I don't want any unpleasant
Surprises.
Ms Blackwell: Right. Well, first of all, Senor Martinez will draw
up a power of attorney, which you'll have to have made
Official at the office of a notary. Senor Martinez will officially
Translate the document for you in front of the notary.
Mr Watson: Why do I need a power of attorney?
Ms Blackwell: That's so your solicitor can carry out any
necessary steps when you're back in England.
Mr Watson: Ah, I see.
Ms Blackwell: Then the two of you'll go to the National Police -
Which is called the policra Nacional in Spanish, I believe - to
Get a fiscal number, referred to as an NIE.The next step is
to set up a bank account for transferring all funds. You'll
need to have 1% of the purchase price of the house in cash.
And, of course, you'll want to talk about financing the house
with the bank. I'm sure that Senor Martinez will be able to
Recommend a good local bank.
Mr Watson: Right. What about the contract?
Ms Blackwell: Senor Martinez will draw up a contract for you in
both English and Spanish stating the terms of the sale. It'll
Also set forth the timeframe of the house purchase and
Include things like deposit payable, furniture included and so
on. Then there'll be the official signing of this contract by
You and the Seller, with both Senor Martinez and the estate
agent present as well. At this point, you'll hand over the 1%
To the Seller.
Mr Watson: OK. Could I send you a copy of the contract for
your review?
Ms Blackwell: Of course - I was going to suggest that.
Mr Watson: Good. What's next?
Ms Blackwell: Well, I suggest you then return home and
arrange for the rest of the deposit - that will be 9% of the
Purchase price - to be transferred to your bank account in
Date: 2015-12-11; view: 740
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