Dissolution of Joint Property Ownership in Spain
is the Disolution of Joint Property Ownership the best efficient and economical way of removing one name from a title deed and land registry
for a property inherited 50/50
Dissolution of Joint Property Ownership in Spain
My Mum and Partner and I bought a property in Spain 5 years ago. They are both on the deeds and mortgage. I contributed equally to the property purchase since it was purchased but was not reflected on the deeds, yet am benefactor in the Spanish will set up. They have now split and I would like to continue ownership buying out the 33% Share of my mothers ex partner. Please can you advise is DJPO to my mothers sole name the best way to do this or am I best to buy out his share as a normal conveyance and pay 7% Tax meaning that myself and my mother are reflected on the deeds.
Dissolution of Joint Property Ownership in Spain
My Husband and I are both residents in spain. We own 2 properties joint names. We seperated last year and although we are now together again we want to transfer the names on the deeds so we own one property each. Do I understand correctly that we would therefore have to pay 1% of each property plus legal costs plus 18% on the 50% we are signing over to the other?? Therefore if in the future we seperated or Divorced there would be no problems as the properties would be sole owned??