After Spain`s double-digit rent bubble, I thought it was a good idea to write a brief summary of the seven most common mistakes in long-term leases. Hiring an experienced lawyer, in my experience, pays off for all the money you are in place to save in order to avoid the most common pitfalls when signing a rental contract in Spain. Let`s start by finding out what an agreement really is. In the Merriam Webster Dictionary, the following definitions are provided: 1.a. the act or fact of consent; 1.b. Harmony of opinion, action or character: concord; 2.a. regulations on the procedure to be followed; 2.b. compact, contract; 3.a. a duly executed and legally binding contract; 3.b the language or instrument that embodies such a treaty. You should hire a lawyer from the start, especially if you are a foreigner in Spain before committing to sign on the polka dot line of a rental contract. All agreements must be written down and in the lease agreement. Often these contracts are defective or have clauses that are null and void, as models are often used that tend to immortalize errors. In the area of private law, we usually find contracts within the framework of convenios, that is, the voluntary agreement for the creation and transfer of obligations and rights.
On the other hand, a convenio not only creates and transfers these rights and obligations, but alters or dissolves them. 1. Contrato: from the Latin contractus. The Real Academia Espa`ola (RAE) dictionary tells us that it is a written or oral agreement between parties related to a specific object or material and required to respect it. A second meaning of the word is a document that contains the terms of such an agreement. 2. Convenio: from the word appropriate in Spanish. The RAE tells us that it is a liquidation, an agreement or a contract. 3.
Acuerdo: from the verb acordar in Spanish. The RAE offers several meanings of the term: 3. a resolution made in court, businesses, communities or related agencies; 3.b a deliberate resolution by one or more persons; Three.c. Agreement between two or more parties; 3.d. reflection or maturity in decision-making; 3.e.