Buying Property in Spain Glossary (DOC)

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					Title: Buying Property in Spain - Glossary Word Count: 515 Summary: Buying Property in Spain Although any expatriate intending to buy property in Spain would be advised to use the professional services of an estate agent and a translator and must legalise the transaction before a Public Notary, the following glossary of terms commonly used either to describe properties in Spain or during the transaction process is a useful aid for nonSpanish speakers. Keywords: buying property in spain, spanish word glossary Article Body: Buying Property in Spain Although any expatriate intending to buy property in Spain would be advised to use the professional services of an estate agent and a translator and must legalise the transaction before a Public Notary, the following glossary of terms commonly used either to describe properties in Spain or during the transaction process is a useful aid for nonSpanish speakers. Abogado - Lawyer<br> Actos Juridicos Documentados (AJD) - Stamp duty<br> Adosado - Semi-detached house <br> Agencia Inmobiliaria - Estate Agent<br> Agencia Tributaria - Tax office<br> A.P.I. (Agente de la Propiedad Inmobiliaria) - Officially licensed estate agent<br> Aire acondicionado - Air conditioning <br> Aparcamiento - Parking <br> Apartamento - Apartment <br> Arras - Small payment given to the seller to guarantee that the property transaction will be completed within an agreed time limit.<br> Asesor Fiscal - Financial Advisor<br> Aval - Loan underwriter<br> Ayuntamiento - Town hall<br> Balcón - Balcony <br> Baño - Bath/WC <br> Caja de Ahorros - Savings bank <br> Calefacción central - Central heating <br> Campo - Countryside <br> Casita - Cottage <br> Chalet - Villa <br>

Cocina - Kitchen <br> Comedor - Dining room <br> Compra - Buying<br> Compra-Venta - Promise to Purchase <br> Contract Comunidad de propietarios - Comunity of property owners <br> Constructor - Builder <br> Copia Simple - Copy of the Mortgage Deeds<br> Cuarto de Baño - Bathroom <br> Cuotas de comunidad - Community fees<br><br> Cuenta de Banco - Bank account<br> Documento privado - Private document<br> Documento público - Public document<br> Dormitorio - Bedroom <br> Ducha - Shower <br> Duplex - Apartment over two floors <br> Edificio - Building <br> Escritura - Deeds of ownership <br> Finca - Farm house or small estate <br> Garaje - Garage <br> Habitación - Room <br> Hacienda - Tax office<br> Hipoteca - Mortgage I.B.I Rates <br> Inmobiliaria/agente - Estate agent IVA - VAT <br> Jardín - Garden <br> Ladrillo - Brick <br> Libre de cargas - Debt free <br> Licencia de obra - Building permission<br> Licencia de Ocupación - License to occupy a property<br> Metros cuadrados - Square metres <br> N.I.E. - Identity Number for Foreigners <br> Notario - Notary Records legal documents and transactions<br> Nota Simple - Certificate from Land Registry <br> Obra nueva - Document certifying a new building <br> Oferta vinculante - Bank document specifying mortgage conditions <br> Pago en efectivo - Cash payment <br> Parcela - Lot or plot <br> Piscina - Swimming pool <br> Piso - Apartment <br> Plan Parcial - Town hall plan for building plots<br> Playa - Beach <br> Plusvalía - Municipal Capital gains tax on sale of property <br> Poder - Power of Attorney <br> Préstamo - Loan <br> Pueblo - Town or village <br> Registro de la Propiedad - Land Registry <br> Representante fiscal - Foreigner's official tax representative <br> Residencia - Residency permit <br> Residente - Resident <br> Sala, salon - Lounge <br> Se vende - For sale <br> Se alquila - For Rent <br> Solar - Lot for building <br> Solana - Utility Room <br>

Sótano - Basement <br> Tarjeta de Banco - Bank card <br> Techo - Roof <br> Teja - Roof tile <br> Terraza - Terrace<br> Terreno - Land plot <br> Tipo de interés - Interest rate <br> Título de propiedad - Property ownership deeds<br> Trastero - Storeroom <br> Venta - Selling <br> Vista de mar - Sea view<br>


				
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