We have extensive knowledge of the way in which Scandinavian banks and mortgage banks operate in the Scandinavian countries, including their terms, special conditions such as Danish mortgage credit, mortgage security requirements and conditions.
Zafo Law can therefore offer specialized assistance to Scandinavian banks in real estate mortgages in Spain, including signing of mortgage loan with a Spanish notary, registration of the mortgage loan in the land register and the possible execution of the mortgage.
A power of attorney in Spanish signed by the underwriters for the bank with a notary is necessary.
This means that all documentation must be prepared in Spanish. Do not expect English to be sufficient.
Formalities means everything and all processes are affected by this. Spanish requirements on consumer protection have an important impact on the process.
