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What happens on death of someone I am inheriting from?
Inheritance Law
Antonio Flores Vila
15th of October 2000
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Q. My partner and I have Spanish wills that leave each other our property should one or the other die. I have been told that the surviving partner needs to pay for a new escritura in order to have the property in the survivor´s name before selling the inherited property. Is this correct?
Dr Larry Mackie
Tias-Tenerife
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A. If you want to sell the inherited property once death occurs, you need first to attain full ownership by means of an escritura de aceptación y adjudación de ´herencia´ and registration of it. Only then you are able to sell the percentage of the deceased co-onwer to a third party.
This is straightforward procedure done before the Notary Public, where the death certificate, the will and a few other documents are submitted.
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