PENALTY CLAUSES

PENALTY CLAUSES

  How does a a penalty clause work in the Spanish conveyancing system What is a penalty stipulation? I would like to try to explain easily (if possible) how it works a penalty clause in a property sale and purchase contract. A penalty stipulation is an...
TAKING A PROPERTY OFF THE MARKET

TAKING A PROPERTY OFF THE MARKET

  Option to purchase contracts are a feature of the Spanish property market. These sometimes require a payment from the prospective purchaser. Purchasers need to understand the nature of option to purchase contracts. What does it mean? Frequently estate agents...