1% of House Price – Lawyer’s fees

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    • #51327
      Anonymous
      Participant

      My lawyer is charging me 1% of Net House price + IVA (plus 16% IVA of service). Shouldn’t it be 1% net of IVA? or am I mistaken?

      I woud appreciate it if a Spnish lawyer answered this. Thanks!

    • #59444
      Anonymous
      Participant

      it is correct.

    • #59641
      Anonymous
      Participant

      it is correct.

    • #59665
      Anonymous
      Participant

      Hello,

      We have been very stupid in the sense that we have bought off plan without having all the paperwork independently checked, we now have had it checked and luckily everything is OK. We are now only require a lawyer for the completion and water/electric etc (already have wills, NIE’s etc). What % should we expect to pay for this?

      Thanks

    • #59465
      Anonymous
      Participant

      Hello,

      We have been very stupid in the sense that we have bought off plan without having all the paperwork independently checked, we now have had it checked and luckily everything is OK. We are now only require a lawyer for the completion and water/electric etc (already have wills, NIE’s etc). What % should we expect to pay for this?

      Thanks

    • #59672
      Anonymous
      Participant

      I would guess that a lawyer would still charge his standard fee regardless that the contract has already been signed and checked by someone else. This forum does recommend excellent lawyers depending where the property is?

    • #59472
      Anonymous
      Participant

      I would guess that a lawyer would still charge his standard fee regardless that the contract has already been signed and checked by someone else. This forum does recommend excellent lawyers depending where the property is?

    • #59677
      Anonymous
      Participant

      @Drakan wrote:

      it is correct.

      Drakan – so you mean it’s correct for a lawyer to charge 1% of ‘Gross’ proeprty price?

    • #59477
      Anonymous
      Participant

      @Drakan wrote:

      it is correct.

      Drakan – so you mean it’s correct for a lawyer to charge 1% of ‘Gross’ proeprty price?

    • #59693
      Anonymous
      Participant

      it is 1% of the value of the property, excluding the VAT ofthe house (first purchase) plus 16% professional VAT.

    • #59493
      Anonymous
      Participant

      it is 1% of the value of the property, excluding the VAT ofthe house (first purchase) plus 16% professional VAT.

    • #59699
      Anonymous
      Participant

      Dear babes,

      When you agree a fee with your lawyer normally it doesn’t include the vat, unless it was informed or agreed that vat was included.
      The vat is a tax that is always on top of the fees you pay for products you buy or services you get, so the figure that you pay for legal sevices is net for the lawyer, then on top you have to pay the 16% vat.

      I hope this clarifies and helps, regards.

      José María Sánchez Alfonso
      Lawyer / Abogado
      Fuengirola,Málaga
      jmsalfonso@inicia.es

    • #59499
      Anonymous
      Participant

      Dear babes,

      When you agree a fee with your lawyer normally it doesn’t include the vat, unless it was informed or agreed that vat was included.
      The vat is a tax that is always on top of the fees you pay for products you buy or services you get, so the figure that you pay for legal sevices is net for the lawyer, then on top you have to pay the 16% vat.

      I hope this clarifies and helps, regards.

      José María Sánchez Alfonso
      Lawyer / Abogado
      Fuengirola,Málaga
      jmsalfonso@inicia.es

    • #59750
      Anonymous
      Participant

      Thanks all – we then will need to argue this with him.

    • #59550
      Anonymous
      Participant

      Thanks all – we then will need to argue this with him.

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