The cadastral value of a property is a central element in calculating taxes related to real estate transactions, inheritances, and donations. It’s an estimated fiscal value assigned by the Revenue Agency based on parameters established at a national level. Understanding what the cadastral value...
Starting from January 1, 2014, new regulations on real estate transfer taxation were introduced. These rules establish different taxation methods based on the type of seller and the nature of the purchase, with the aim of ensuring tax fairness and transparency in real estate transactions. Let’s...
When is a real estate deal truly closed? The agent's right to commission
One of the most crucial aspects in the real estate world is understanding exactly when a deal is considered closed, and thus when the real estate agent is entitled to their commission. This is especially important for bot...