Archives: April 2007
Sun Apr 15, 2007
NEW SPANISH CONSUMER PROTECTION LAW (No. 44/2006, 29/12/2006)
This new law is likely to affect property transactions and particularly off-plan property purchases. Any abusive clause in a contract will be invalid regardless of the law applicable to the contract if the consumer (or purchaser) is resident in Spain and the object covered in the contract is situated on Spanish territory. All ambiguous, unclear or inexact clauses will also be interpreted in the consumer’s favour. More...
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NEW EUROPEAN DEBT RECOVERY LAW ("PROCESO MONITORIO EUROPEO")
A new swift debt recovery procedure was approved by the European Parliament on 12th December 2006, and it will be enforced in the United Kingdom and Ireland from 12th December 2008. The procedure will only require a petition to be presented to the courts in compliance with the official European legal form, and local courts will then be able to issue an international summons giving the debtor 30 days to repay the debt. If the debt is not paid and no appeal made then the debt can be enforced in any EU country.
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NEW CANARY ISLANDS “LIVING WILL” LAW
New legislation has been passed in the Canary Isles (Decree 13/2006 dated 8th February - B.O.C. 43, 2.3.2006) regarding living wills (testamento vital). This law will allow all individuals in the Canary Islands to prepare a letter which will be given to doctors and hospitals with instructions regarding their medical treatment and care that they wish to receive in the case of illness or injury. This document will be especially useful in situations where it is not possible for you to express your wishes. More...
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WHAT IS AN NIE (TAX IDENTIFICATION NUMBER) - NOW NECESSARY TO COMPLETE ANY PROPERTY PURCHASE
A NEW LAW has been enacted in November 2006 - Law 36/2006 dated 29th November. From 1st December no property purchase can be registered in the land Registry office without the NIE of all the parties concerned in a property transaction.
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