How do Unpaid Bills and Taxes on a Property affect the New Owner
This is the discussion thread for the article How do Unpaid Bills and Taxes on a Property affect the New Owner
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Our flat has a water bill charge outstanding from 1992, when my husband was in school there in Spain. The seller said that 'it doesn't matter as you'll never have to pay that part' but we worry that someone wanting to buy the flat will pick up on it. We don't want to pay 500 euros of water that we didn't use. The man whose name is on the debt died years ago as well.
Also, in our block lots of Moroccans have defaulted on their expensive mortgages. They are therefore not paying their community charges and the president says that she might have to stop the weekly cleaning of communal areas or the lift use due to lack of money. How does the community chase the ex owners or the banks who now technically own those unlived in flats?
How do Unpaid Bills and Taxes on a Property affect the New Owner
Please advise me about the method of calculating Community co-efficient (share/percentage). What is the official method by Spanish Law of calculating/assessing the percentage due by each owner in a community of 25 individual villas.
Regards
W. Wilson
How do Unpaid Bills and Taxes on a Property affect the New Owner
Our buyers have agreed to assume the balance from the community debt for reforms (we all have some time to pay as the reforms were extensive) as part of the sale. They plan to pay it off after they have purchased the flat. Is this legal (as they have agreed to it) or do we need to pay the balance before signing arras and estricura?