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Dissolution of joint ownership of property
Does any-one know whether this type of sale is still valid?
My wife and I wish to sell our share of our house in Moraira- Valencia/ Alicante region, which is currently jointly owned with my brother and his wife, to my brother.
We have had the property for 11 years; its value is about the same as it was when we originally purchased- 180,000 euros
We are happy with the price etc. The price of the Plus Valia Tax appears to be about 10% for our region, plus the 3%V holding for Capital Gains- of which there isn't any!
We have been quoted 1,200 to arrange this by our fiscal representative.
This means that, on our 90,000 share, we will be paying out over 12,000 euros, just to remove two names from the deeds.
There must be a better way surely- HELP
Kind regards
Mark
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