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How to claim after buying a home if hidden defects appea
13th April 2022 -
How to claim after buying a home if hidden defects appear
12th April 2022 -
How to claim after buying a home if hidden defects appea
11th April 2022 -
The swift system and other financial sanctions on Russia: what they consist of and what their effects are
13th March 2022 -
The swift system and other financial sanctions on Russia: what they consist of and what their effects are
12th March 2022 -
Rustic land in Spain ages: only 10% of the owners are under 40 years old
11th March 2022 -
Spain needs 1.2 million rental homes to meet demand, according to Savills
10th March 2022 -
Spain needs 1.2 million rental homes to meet demand, according to Savills
9th March 2022 -
Spain needs 1.2 million rental homes to meet demand, according to Savills
8th March 2022 -
THE HOUSING LAW REACHES CONGRESS
7th March 2022
CAN AN APARTMENT BE SOLD WITH TENANTS INSIDE?
25th August 2021REAL ESTATE, NEXUS GROUP, INFORMA
Can you sell an apartment with tenants inside?
There is no prohibition of sale in the case of having tenants, but, unless otherwise provided, tenants generally have a pre-emptive right of purchase.
Depending on whether or not the provisions of article 34 of the Mortgage Law are complied with, the acquirer will only be obliged to fulfill a term of 5 or 7 years or the entire duration of the rental contract.
Investing in housing continues to be the safest and preferred value of the Spanish due to its great long-term profitability. One of the great doubts of private investors in real estate is what type of economic return to get from the investment and the doubt is usually raised about whether to rent or wait to sell the asset, which raises questions about whether, once the apartment is rented, it can be put up for sale.
If in the lease, the clause where it is stated that the lessee has a preferential acquisition is explicit, it cannot be sold to third parties, but in the event that it expresses the NO preferential acquisition, the lessor must only notify the lessee of its intention to sell the home with a minimum notice of thirty days from the date of sale.
These rights, by virtue of article 14 of the LAU, will be maintained during the first five years of validity of the contract, or seven if the seller or the lessor were a legal entity. This means that therefore, the acquirer will not be able to terminate the lease until the aforementioned period has elapsed.
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