Notary fees for property purchase

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Europe > Spain Expat Forum for Expats Living in Spain

Spain Expat Forum for Expats Living in Spain The Spain Expats forum is a dedicated community of people who have moved to Spain, or who are planning to. This is the place for Expats to meet and discuss anything about moving to, & living in, Spain.

Like Tree2Likes
  • 2 Post By Amigomacey

Notary fees for property purchase


Reply
 
Subscribe to this Thread Thread Tools
  #1 (permalink)  
Old 3rd August 2019, 08:53 AM
New Member
 
Join Date: Jun 2019
Location: Liverpool
Posts: 14
Rep Power: 0
Mark s is on a distinguished road
1 likes received
3 likes given

Users Flag! Originally from england. Users Flag! Expat in spain.
Default Notary fees for property purchase

Good morning all.
We are just in the final stages of buying a property in Líalfaz del pi.
Iíve read the post and spoken to our Spanish solicitor about the new law in May this year stating Spanish banks have to pay all the fees regarding the notary and gestoria for the property register on that deed if the property is mortgaged.
What we didnít realise is this:
You have to go to the notary so they can go through the mortgage details with you so they can confirm you fully understand the terms of the agreement, which is fair enough. What weíve just find out is that you have to wait a further 10 days to go back to the notary to complete the purchase. So 11 days in total to complete.
This has put a spanner in the works as Iíve been planning my annual leave through work to go back as many times as possible after weíve bought the house but obviously didnít factor this in. Iíve only got 6 annual leave days left as Iíve pre booked other dates and flights to return to Spain before next years entitlement starts (April) and also flew out numerous times this year to find the right property, viewings, solicitor and banks etc.

Reply With Quote Quick reply to this message
  #2 (permalink)  
Old 3rd August 2019, 09:32 AM
baldilocks's Avatar
Member
 
Join Date: Mar 2010
Location: Castillo de LocubŪn in the Sierra Sur de Jaťn, Spain
Posts: 16,504
Rep Power: 129675
baldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond reputebaldilocks has a reputation beyond repute
9135 likes received
14544 likes given

Users Flag! Originally from england. Users Flag! Expat in spain.
Default

Quote:
Originally Posted by Mark s View Post
Good morning all.
We are just in the final stages of buying a property in Líalfaz del pi.
Iíve read the post and spoken to our Spanish solicitor about the new law in May this year stating Spanish banks have to pay all the fees regarding the notary and gestoria for the property register on that deed if the property is mortgaged.
What we didnít realise is this:
You have to go to the notary so they can go through the mortgage details with you so they can confirm you fully understand the terms of the agreement, which is fair enough. What weíve just find out is that you have to wait a further 10 days to go back to the notary to complete the purchase. So 11 days in total to complete.
This has put a spanner in the works as Iíve been planning my annual leave through work to go back as many times as possible after weíve bought the house but obviously didnít factor this in. Iíve only got 6 annual leave days left as Iíve pre booked other dates and flights to return to Spain before next years entitlement starts (April) and also flew out numerous times this year to find the right property, viewings, solicitor and banks etc.
Do you not have any time in lieu due to you? Can you not take some unpaid leave?

Reply With Quote Quick reply to this message
  #3 (permalink)  
Old 3rd August 2019, 10:23 AM
Member
 
Join Date: Sep 2017
Location: Malaga 32 years
Posts: 578
Rep Power: 1363
Juan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond repute
260 likes received
13 likes given

Users Flag! Originally from uk. Users Flag! Expat in spain.
Default

You could give power of attorney (poder) to someone you trust to act for you. Could be your lawyer.

A poder is made before a notary

Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #4 (permalink)  
Old 3rd August 2019, 11:41 AM
New Member
 
Join Date: Jun 2019
Location: Liverpool
Posts: 14
Rep Power: 0
Mark s is on a distinguished road
1 likes received
3 likes given

Users Flag! Originally from england. Users Flag! Expat in spain.
Default

Hi Juan c & baldilocks
We might as well go ourselves as you have to go the notary to give the poa to the solicitor anyway, so we’d still have to go twice.
I think the unpaid leave situ might have to come into play as baldilocks mentions.

Reply With Quote Quick reply to this message
  #5 (permalink)  
Old 3rd August 2019, 11:43 AM
New Member
 
Join Date: Jun 2019
Location: Liverpool
Posts: 14
Rep Power: 0
Mark s is on a distinguished road
1 likes received
3 likes given

Users Flag! Originally from england. Users Flag! Expat in spain.
Default

By the way, the post really was to highlight the 11 day rule change!

Reply With Quote Quick reply to this message
  #6 (permalink)  
Old 3rd August 2019, 12:49 PM
Member
 
Join Date: Sep 2017
Location: Malaga 32 years
Posts: 578
Rep Power: 1363
Juan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond reputeJuan C has a reputation beyond repute
260 likes received
13 likes given

Users Flag! Originally from uk. Users Flag! Expat in spain.
Default

If you wanted to give POA to your lawyer then you can go alone to a notary and nominate the lawyer. With most notaries that would take about an hour to do and probably you not need even to make an appointment

I have given POA my sons and been given POA by friends a few times. Never any problem

Reply With Quote Quick reply to this message
  #7 (permalink)  
Old 4th August 2019, 09:24 PM
New Member
 
Join Date: Jun 2019
Posts: 5
Rep Power: 0
Amigomacey is on a distinguished road
5 likes received
1 likes given

Default

Hi there, we have just completed. They are getting used to the new rules.

The 10 days is to get the paperwork to the notary. You can make an appointment to go in during the 10 days and complete on the 11th day. We went in on day 10 and signed day 11. The bank said it couldn’t happen, but our soliton made sure it did. We now own our property.
baldilocks and Mark s like this.

Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 06:07 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.