20 Year Guarantee Included With Every Sale
At no additional cost to you, every purchase made through our company is protected by the unique 20 year Safe Purchase Guarantee for property buyers.
Representing a first for the industry and Spanish property buyers, this guarantee provides you with protection for problems that are hidden, unknown or fraudulent at the time of purchase.
It protects the rights acquired by your title deeds from the moment you sign at the notary and provides insurance cover for many of the problems that have affected innocent property owners in the past.
The Safe Purchase Guarantee is underwritten by Caser, insurers of the Spanish Savings Banks, based in Madrid.
20 Years Peace of Mind After You’ve Purchased
We protect your rights to your property for 20 years after purchase at no additional cost to you.
- We guarantee that your legal rights as stated in the title deed will be respected
- We certify that the property you have purchased fulfils all the necessary legal conditions
- Expert real estate lawyers undertake to resolve your problem within 6 months after which time you could receive compensation up to 360,000 Euros
We Protect Your Purchase Against…
False Representation By The Vendor
These days technology makes it very easy to forge and falsify all sorts of documents. There are well-organised groups of fraudsters who specialise in the this type of activity.
You are covered in the event of the use of any false document that relates to your purchase.
There have been numerous cases where owners have become victims of identity theft and fraudsters have sold their properties for bargain prices. The Spanish Supreme court even upheld the right of the 3rd party purchaser who had bought in good faith and the real owners lost their homes.
Non-Inscription in the Land Registry
If, for some reason, your title is not registered in the land registry you are not the legal owner of your property. You are vulnerable to financial losses and 3rd party claims. The insurance provides guarantees that should have offered by the land registry.
Imagine after several years, you are served with a demolition order because it is claimed that your building licence is illegal due to land classification infringements that existed and were hidden at the time of purchase.
Other Administrative Orders
You discover your house is subject to an undisclosed ruin or eviction order dating from the time of your purchase.
Sale “As Is”
There have been numerous cases where it has been discovered that part of a property does not belong to the person who bought it. A terrace turns out to be community property which was illegally built on the plot by the previous owners.
Access or Thoroughfare Issues
Imagine not being able to legally access your property, garage or storeroom. In some cases, vendors have not vacated on completion, access to your parking area is blocked or limited, or you are not given the storage room you signed for on your contract
Defective Sizes of Off-Plan Properties
If the property is bought ‘off-plan’, your Safe Purchase Guarantee provides cover if it is found to be 10% smaller or more than what was originally contracted. Similarly, if your parking space is too small to park a standard car, we will help you.
In uncertain economic times, many cannot repay their debts. If a judge annuls your purchase due to the overriding rights of your vendor’s creditors following a bankruptcy order, your guarantee can help you.
Third Party Rights: Easements
When an indisclosed right of way or unregistered charge is found in favour of a third party that affects your property.
Third Party Rights: Unknown Heirs
Many older properties have been handed down through generations and inherited by large Spanish families. Sometimes, old property owners or unknown heirs appear to claim their legal share of a property as they were not party to the sale.
Third Party Rights: Incorrectly Executed Wills
It is determined that a Last Will & Testament has been executed incorrectly given rights to 3rd parties over your property.
Unpaid Quotas, Taxes or Unsettled Community Expenses
What if you discover you have been paying too much in community fees during your period of ownership? Or the community of owners attempt to charge you an unfair amount? Or there are outstanding taxes that should have been paid by the previous owners?
Your neighbour says that the home you bought occupies some of the land belonging to him.
Hidden Valid Lease
You have bought a house that, prior to your purchase, was rented to a third party. The law states that the tenancy or lease is valid until it expires regardless who holds the title to the property.
Hidden Legal Defects
Title defects or mistakes in your title deeds may restrict your ability to sell your property or restrict your rights of ownership.
The person from whom you bought your property sold it without the consent of his spouse which threatens the rights to your title. If there is a children involved, you many have difficulty accessing your property.
Lack of Certificate of Habitation
You discover that the property you have recently bought has not been issued with its Certificate of Habitation which is compulsory to legally connect utilities.