{"id":571,"date":"2018-03-22T10:46:53","date_gmt":"2018-03-22T10:46:53","guid":{"rendered":"http:\/\/www.abogadosmarconsultores.com\/?p=571"},"modified":"2018-03-26T17:14:37","modified_gmt":"2018-03-26T17:14:37","slug":"requirements-for-the-due-diligence-process-in-the-purchase-or-sale-of-a-property-in-spain","status":"publish","type":"post","link":"https:\/\/www.abogadosmarconsultores.com\/en\/requirements-for-the-due-diligence-process-in-the-purchase-or-sale-of-a-property-in-spain\/","title":{"rendered":"REQUIREMENTS FOR THE DUE DILIGENCE PROCESS IN THE PURCHASE OR SALE OF A PROPERTY IN SPAIN"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_image-68eab8c53c812d8832fa5d8d45bb78fd\">\n.avia-image-container.av-av_image-68eab8c53c812d8832fa5d8d45bb78fd img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-av_image-68eab8c53c812d8832fa5d8d45bb78fd .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-av_image-68eab8c53c812d8832fa5d8d45bb78fd av-styling- avia-align-center  avia-builder-el-0  el_before_av_one_full  avia-builder-el-first '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" fetchpriority=\"high\" class='wp-image-836 avia-img-lazy-loading-not-836 avia_image ' src=\"https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1.jpg\" alt='' title='535512963'  height=\"1080\" width=\"1920\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1.jpg 1920w, https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1-300x169.jpg 300w, https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1-768x432.jpg 768w, https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1-1030x579.jpg 1030w, https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1-1500x844.jpg 1500w, https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1-705x397.jpg 705w, https:\/\/www.abogadosmarconsultores.com\/wp-content\/uploads\/2018\/03\/535512963-1-450x253.jpg 450w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf\">\n.flex_column.av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf av_one_full  avia-builder-el-1  el_after_av_image  el_before_av_heading  first flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-av_textblock-2de302bf1aa3cf4c9157dbe6f50ac7eb '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p style=\"text-align: justify;\">\u00a0Given that transparency and trust are two essential values that govern the relationship between purchaser and vendor when selling or buying a property. The fundamental objective of DUE DILIGENCE, is to give confidence and clarity to the relationship between both parties involved in the process.<\/p>\n<p style=\"text-align: justify;\">This process, which has been established for years in many other European countries, has not been common practice in Spain until relatively recently when foreign investors began to demand it. Nowadays it is a prior and strongly recommended step according to the Association of Real Estate Consultants (ACI).<\/p>\n<\/div><\/section><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-28e343fb938b4ddac6fdee294cf7a3da\">\n#top .av-special-heading.av-av_heading-28e343fb938b4ddac6fdee294cf7a3da{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-av_heading-28e343fb938b4ddac6fdee294cf7a3da .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-av_heading-28e343fb938b4ddac6fdee294cf7a3da .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-28e343fb938b4ddac6fdee294cf7a3da av-special-heading-h2  avia-builder-el-3  el_after_av_one_full  el_before_av_one_full '><h2 class='av-special-heading-tag '  itemprop=\"headline\"  >What is Due Diligence?<\/h2><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf\">\n.flex_column.av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf av_one_full  avia-builder-el-4  el_after_av_heading  el_before_av_heading  first flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-av_textblock-2de302bf1aa3cf4c9157dbe6f50ac7eb '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p style=\"text-align: justify;\">The Due Diligence process is comprised of a detailed study relating to the buying or selling of a property. The content of the Due Diligence should include:<\/p>\n<ol style=\"text-align: justify;\">\n<li>a) A Study of the property from the commercial point of view, including a valuation of it.<\/li>\n<li>b) A study of the urban and legal aspects of the property.<\/li>\n<li>c) A Technical study relating to architectural, structural aspects and physical situation of the property.<\/li>\n<li>d) Legal advice on the negotiation of the operation.<\/li>\n<li>e) Legal advice and assistance in the final closing of the operation.<\/li>\n<\/ol>\n<p style=\"text-align: justify;\">operaci\u00f3n.<\/p>\n<\/div><\/section><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-46c15403abbae8ab5f7d940bb75d2599\">\n#top .av-special-heading.av-av_heading-46c15403abbae8ab5f7d940bb75d2599{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-av_heading-46c15403abbae8ab5f7d940bb75d2599 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-av_heading-46c15403abbae8ab5f7d940bb75d2599 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-46c15403abbae8ab5f7d940bb75d2599 av-special-heading-h3  avia-builder-el-6  el_after_av_one_full  el_before_av_one_full '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >What are the advantages of Due Diligence?<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf\">\n.flex_column.av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf av_one_full  avia-builder-el-7  el_after_av_heading  el_before_av_heading  first flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-av_textblock-2de302bf1aa3cf4c9157dbe6f50ac7eb '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>The advantages that an organized purchase or sale process can generate are multiple but among them are:<\/p>\n<ol>\n<li style=\"text-align: justify;\">a) It provides extensive, verified and organized information that allows the buyer to know the reality of the operation.<\/li>\n<li style=\"text-align: justify;\">b) It provides trust and transparency in the relationship between buyer and seller.<\/li>\n<li style=\"text-align: justify;\">c) It gives credibility to the contents of the sales dossier.<\/li>\n<li style=\"text-align: justify;\">d) It shortens the terms of the process and reduces individual requests between the parties.<\/li>\n<li style=\"text-align: justify;\">e) It adds rigor to the purchase or sale process.<\/li>\n<li style=\"text-align: justify;\">f) Those matters about which there are doubts or discrepancies are quickly identified.<\/li>\n<\/ol>\n<\/div><\/section><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-b3837215fb7d46d689b47f22c78ace85\">\n#top .av-special-heading.av-av_heading-b3837215fb7d46d689b47f22c78ace85{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-av_heading-b3837215fb7d46d689b47f22c78ace85 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-av_heading-b3837215fb7d46d689b47f22c78ace85 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-b3837215fb7d46d689b47f22c78ace85 av-special-heading-h3  avia-builder-el-9  el_after_av_one_full  el_before_av_one_full '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >Which is the best professional to undertake a Due Diligence?<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf\">\n.flex_column.av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-av_one_full-15d750bd1b332b34c6e70b077ebbccdf av_one_full  avia-builder-el-10  el_after_av_heading  avia-builder-el-last  first flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-av_textblock-2de302bf1aa3cf4c9157dbe6f50ac7eb '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p style=\"text-align: justify;\">The professional dealing\u00a0 with the Due Diligence must gather all the necessary technical and legal knowledge relating to the operation, for this reason, in order to achieve a full Due Diligence, the intervention of a Legal Expert in Urban Law and Property Law is necessary. They will work in coordination with a Technician, Architect or expert in urban planning, and they will approach in a comprehensive manner all the aspects that the Due Diligence entails.<\/p>\n<p style=\"text-align: justify;\">In conclusion, my recommendation for those who are thinking of buying a property in Spain and want to avoid the problems and difficulties experienced in Spain in the past, is to contact a Legal Expert who uses the Due Diligence Process; also, if you are thinking of selling your property in Spain, you should include the corresponding Due Diligence in the dossier that you have to send to the Real Estate Agent that will market your property.<\/p>\n<p style=\"text-align: justify;\"><strong>MAR Consultores<\/strong> has a team of experts in this field with over 25 years of professional experience that can help you whether you have decided to sell your property, or if you are thinking of buying a house in Spain.<\/p>\n<p style=\"text-align: justify;\">In the next article we will identify what technical documents are required for a full Due Diligence and we will talk about the main legal and urban problems that we may encounter when buying or selling a property in Spain.<\/p>\n<p style=\"text-align: justify;\">Maria Jos\u00e9 Arroyo, Lawyer<\/p>\n<p style=\"text-align: justify;\">Bar of Lawyers of Almeria\u00a0 n\u00ba 1.416<\/p>\n<\/div><\/section><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":1246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/posts\/571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/comments?post=571"}],"version-history":[{"count":3,"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/posts\/571\/revisions"}],"predecessor-version":[{"id":874,"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/posts\/571\/revisions\/874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/media\/1246"}],"wp:attachment":[{"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/media?parent=571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/categories?post=571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abogadosmarconsultores.com\/en\/wp-json\/wp\/v2\/tags?post=571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}