In the past couple of years Cost of Electricity per kw has risen over 20%. Part due to rising costs and part due to market liberalization. In urbanizations and communities with large communal areas this has created an enormous increase in community costs, while communities generally add a 5% annual increase in their budgets, such …
A community of proprietors is described legally as horizontal ownership. This is the legal term that establishes the individual ownership of a real estate and in an undividable way, the co ownership of the common elements that are necessary for the use of the particular property.
Where did it all start and who was first? Ideas more or less come to many people at the same time. Some people have them earlier than others and some a little later. It is difficult to say who is first these days. Many ideas have come and gone, some have been too early for …
For many foreigners purchasing a property in Spain is an investment, a second property or possibly winter residence. While most people leave everything in the hands of their solicitors to complete, they are often unaware of all the things that need attending to after the purchase of a property. So here is what I have …
Management of communities of properties (comunidad de propietarios) in Spain and around the world is always a tricky task. There are always owners who will not agree or fail to agree with their part of the responsibilities of paying community charges. This in
All property owners in a community are responsible for contributing towards the communal maintenance, up keeping and repairs of their urbanization. Unfortunately the number of such debtors and unpaid community fees are
In Spain, a community of owner or (Comunidad de Propietarios) is covered by law in article 396 of the Civil Act, where these type of properties are by character known as Horizontal Properties or (Propiedad Horizontal). Horizontal Property in particular is
Just received the book from Felix Jordan a Spanish lawyer has put together one of the best books from facts to court case ruling about communities and the horizontal property of law in Spain. It is a must read book for all presidents and community members.
The VAT was increased on the first of July. This has already affected all your bills from day to day shopping to petrol, gas and electricity. So how does this affect your income / expenses?