What does the lease with option purchase agreement mean and what are its implications?

The Lease with Option Purchase Agreement consists of a tenant that remains in a rented home for a certain period agreed by both parties. Once that agreed period is over, the tenant may choose to purchase that home with a price reduced according to the rents paid previously. It comes to be a sort … [Read more...]

Under Threat Of Repossession? Read This Now

Are you under the threat of being repossessed? You can check some things out: Check if your mortgage debt has a floor clause. According to a recent decision by the European Court, a property cannot be repossessed whilst a case for nulling a floor clause is going on. Check if your mortgage … [Read more...]

Having a property to let or thinking of renting in Murcia? New legal rules

There are new rules that modify last renting regulations in Murcia (rules from May 2011). This is aimed to companies that advertise their services and that rent each property in two or more occasions during a period which exceeds one month a year The new rules have an effect on companies in … [Read more...]

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