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Can a relative sell you their property BMV?
I have a relative (Spanish born citizen) who bought a flat at a special rate mandated by the government for the elderly. For instance, the government mandates that 10% of flats be set aside for the elderly and those unable to afford housing (basically a government subsidy). Could he sell me the flat for any price he wished? Is there a law prohibiting the sale?
Basically the idea would be to purchase the flat so that it would not fall into spanish inheritance laws requiring at least 2/3 of the estate to go to the children.
My relative wants to leave the property to me and wants to avoid it going to his children. Would a sale make this possible?
Please help
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