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Spain: Community of Owners

/ Owner - March 29, 2021

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Commonhold in Spain: What is a Spanish ‘Community of Property Owners’ for?

Commonhold in Spain and the community of property owners: If you have bought an apartment or villa, which take part of a building complex, keep in mind that these will be subject to the Spanish Commonhold law (Ley de Propiedad Horizontal). This law is applicable whether you are resident or not, as far as you own a flat or a villa in a multi-occupancy development.

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What is the Spanish Community of Owners, or Comunidad de Propietarios?

Community of Owners is an article which gist is to provide some guidance on what becoming an owner in a community entails, with particular focus in Andalusia.

I strongly recommend reading the law itself as I have considerably abridged the sections pursuant to it, on reviewing them, giving only a brief overview of what they entail.

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Community of Owners Insurance Policies

Every community of owners in Spain should have an insurance policy. This article by legal expert Raymundo Larraín Nesbitt is laid out as a FAQ and provides a sweeping overview of what a community of owners insurance policy (normally) entails.

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Laws

HORIZONTAL PROPERTY ACT?AS AMENDED (PDF)

 

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