QUICK LEGAL GUIDE ON THE SPANISH LIABILITY OF REAL ESTATE AGENTS/ COMPANIES FOR HOME SALES TO CONSUMERS

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Imagine a real estate agent/ company operating in Spain convinces a national or a foreign consumer to buy an apartment. After making the payment, the consumer finds out that something is terribly wrong with his home purchase. Is the real estate agent/ company liable?

The real estate agent operating in Spain must, amongst others, provide the buyer with all the legal and factual information on the real estate which are of importance for the home purchasing decision. He cannot simply hand over the information of the seller to the consumer; the real estate agent must check by himself the truthfulness of all the important information he gives and complete all the decisive data. The concrete obligations of the real estate agents/ companies differ regionally.

In the following, I write a short TO-DO LIST of the real estate agent operating in Spain.

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Published In: Construction Updates, Consumer Protection Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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