Legal Advice in Mallorca when buying properties

It is important to obtain the advice of a lawyer as early as possible for the purchase process when you buy a Mallorca property. Balearic Properties Mallorca can recommend you several english speaking lawyers in Palma , specialised in the property law when buying villas or apartments in Mallorca. The lawyers do not only take care of the legal advice when you have purchased a property in the differebt areas of Mallorca, they also help you with tax advice services, property setup & administration.

What tasks does your mallorca lawyer perform?

• Examines the vendors private contract and ensures that the price and other terms are in accordance with the market and that they are normal business conditions.
• If it is a new development he/she controls that all building licenses, primera occupation licencia is correct, to read more Terms of purchase for buying a Spanish property
• Ensures that the vendor is entitled to sell the property and that the property is legally constructed and correctly registered at the Land Registry.
• Ensures that there are no charges on the property and that all due taxes and rates, etc. are paid up to the date of purchase.
• Ensures that any possible mortgage debt of the vendor has been paid and assists in obtaining new financing for the buyer if needed. Read more information. Finance / mortgage for a Spanish property
• Ensures that the purchase payment will not be released to the vendor before certifying that the buyer can receive a clean deed of conveyance for the property. - Draws up the final deed of conveyance and attends at the Notary´s office for the signing of the deed.
• Prepares a statement of completion, arranges for the utility contracts (water, electricity, telephone etc).
• Draws up all necessary documents for the Spanish authorities.
• Advices you on financial and tax-related questions and is your key to a secure deal.
• How much does legal advice cost? The lawyer’s fee may vary depending on the time needed for the specific purchase. As a rule the costs is approximately 1 % of the purchase price for a properties in Mallorca. For more expensive and luxury Mallorca apartment or a Mallorca property the cost of the lawyer could be less than 1% of the purchase price.

Recomended Spanish solicitors in Mallorca:
Bufete Morell & Associates
Plaza Chopin 1, Palma de Mallorca
Tel: 971 71 94 09
Fax: 971 71 82 82

www.bufetemorell.com