The main legislative changes in relation to horizontal property in the last year 2019, which has just ended, were the modifications that, after several parliamentary vicissitudes, were approved in March within the REAL DECREE-LAW 7/2019, MARCH 1ST. The main changes are as follows: A) Reserve Fund The art. 9.1.f) LPH was modified and now states…
DetailsThe Communites of Owners must comply with the Organic Law about Data Protection The Spanish Agency for Data Protection recently published its Annual Report for the year 2009. In this Report it is highlighted that the greatest number of sanctions during 2009 were accumulated in the Communities of Owners in matters related to video surveillance…
DetailsBye Bye to the allowance for the purchase of habitual residence On the General Budget of the Government for year 2011 have been included the finishing of the allowance for purchasing an habitual residence for taxpayor whose tax base would be equal or higher to 24.170,20 Euros. Therefore, if you are on that tax base…
DetailsLack of Law on the Murcia Region for the Swimming Pools on the Community of Owners One of the main lack of law that the Communities of Owners of the Murcia Region have is the absence of a regulation of safety in the swimming pools. The Región de Murcia is currently regulated by the Rules…
DetailsIncrease on IBI on Murcia Town Hall for year 2012 Due to the economical current situation, the administrations try, not only to save money, reducing their expenses, but increasing their collections too. With regards to Murcia Town Hall, the town councillor, Mrs. Isabel Martínez Conesa, announced past week, among other measures, the increase of the…
DetailsMeasures for Speeding Up the Judicial Processes On 31st October 2011, the Law 37/2011, 10th October, of Measures for the Speeding up the Judicial Processes (published in BOE nº 245 11/10/2011) came into effect including important changes in different jurisdictions. In relation to the Owners Communities and the Horizontal Property, we consider important to comment…
DetailsVAT rate increased from 18% to 21% This morning the President of Spain, Mr. Mariano Rajoy, has explained that from the next month of Septembre, the VAT rate has increased from 18% to 21%. Undoubtly a bad new for the Community of Owners, because will mean an increase on the expenses of the year.
DetailsThe Supreme Court Judgment 705/2015 of December 23rd declared the clause by which BBVA imposed on borrowers the payment of all expenses, taxes and commissions related to mortgage loans to be abusive.
Banks will have to pay back all excess money charged from ‘floor’ clauses (cláusulas suelo) The EU Court of Justice ruled on the 21st December 2016 in respect of floor clauses (Cláusulas suelo): Spanish banks will have to return to customers the total amount of what they received in relation to floor clauses.
DetailsLaw of Judicial Taxes Past Wednesday, 21st November, the Spanish Government published in the B.O.E. (Official Gazzette of the State) the new Law of judicial taxes (“Ley de Tasas Judiciales.”). As you may know, it is a vey controversial Law due to that from now on, the party that starts a judicial action or appeals…
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