Useful Vocabulary

 

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Abogado = Lawyer (solicitor)  

Aparejador = Architectural Engineer      

Ayuntamiento = Town Hall

Cargas = Charges

Catastro = A register of assessed property values for tax purposes

Embargo = Court order for distraint or seizure

Escritura = Title deed of the property

Hacienda = Tax office

Impuesto sobre el Incremento del Valor de los Terrenos (IVT) =  Plusvalía

Impuesto sobre Bienes Inmuebles (IBI) = Local annual tax on the property

Impuesto sobre la Renta = Income Tax

Nota Simple = Summary extract obtained from the Registry of the property entry

Notary = The Notary is a solicitor who witnesses the signing of all legal and public documents

Número de Identificación Extranjero (NIE) = Fiscal number for non residents

Número de Identificación Fiscal (NIF) = Fiscal number for residents in Spain

Permiso de Obra = Planning permission

Registro de la Propiedad = Official property register

 

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