Bilingual Glossary

Bilingual Glossary

Abogado - Lawyer/solicitor
Administrador de fincas - Spanish licensed property administrator
Agente de la Propiedad - Property Agent
Amortización – Mortgage or Loan repayment
Arbitraje – Arbitration
Arras – Deposit or down payment
Arrendador – Landlord
Arrendatario – Tenant
Aval – Loan guarantee
Avalista – Loan guarantor
Bungalow – Several storey terraced house
Caja de ahorros – Spanish savings bank
Cargas – Charges, burdens, arrears
Catastro – Official land register
Cláusula – Clause in contract
Cláusula abusive – Abusive contract clause
Certificado de primera ocupación – Certificate of occupancy
Certificado registral – Property ownwership certificate on its debts
Chalet – Villa
Compra sobre plano – Off plan property purchase
Comunidad de propietarios - Community of property owners
Contrato de arrendamiento – Renting or letting contract
Contrato de compraventa de vivienda – Private property sales contract
Cooperativa de viviendas – Housing co-operative
Cuentade ahorro vivienda – House savings account with special tax benefits
Derecho de tanteo – Right of first refusal
Derecho de retracto – Right of repurchase
Desaucio – Eviction
División horizontal – Official document to describe division between different owners
Documento privado – Private document
Documento público – Public document
Escrituras – Deeds
Escritura pública de compraventa – Title deeds
Euribor – Europe´s main Interbank offered interest rate
Fianza – Deposit
Finca – Estate
Folleto informativo – Information brochure
Gestoria – Specialist in obtaining official authorisations, permits, licences etc
Hipoteca – Mortgages
Hipotecar – To mortgage
Hipoteca de inversión – Endowment mortgage
Hipotecable – Mortgageable
Impuesto sobre Bienes Inmuebles I.B.I. – Spanish yearly property tax
Impuesto sobre Actos Jurídicos Documentados – Legal documentation tax
Impuesto sobre el incremento del valor del suelo – Tax on increase of land value
Impuesto sobre patrimonio – Capital gains tax
Inmobiliaria – Estate agent
IVA vivienda – Property VAT
Libre de cargas – Free of debts
Libro del edificio – Documents handed by property developer
Licencia de obras – Building permissions
Notario – Notary
Nota simple registral – Property Register Certificate
Novación – Renegotiation of mortgage terms
Obra nueva – Notary´s document certifying new development
Oferta vinculante – Banks document certifying exact mortgage conditions
Pago en efectivo – Cash payment
Parcela – Plot of land
Piso – Flat
Poder – Power of attorney
Préstamo con techo – Variable interest rate loan with fixed minimum and maximum
Préstamo cualificado VPO – Loan given only for purchasing state housing
Promotor – Property developer
Registro de la propiedad – Property ownership register
Representante fiscal – Official Tax representative
Residencia (permiso) – Residency permit
Residente – Resident
Segunda vivienda – Second home
Seguro multirriesgo hogar – House insurance
Se Alquila – For rent
Se vende – For sale
Seguro de amortización de préstamos – Loan repayment insurance
Señal – Deposit, down payment
Subrogación - Possibility of assumption on mortgage loan from the developer
Subvención – Subsidy
Superficie útil – Property usable size
Tasación – Independent valuation on a property
Terreno – Plot of land
Tipo de interés – Interest rates
Tipo sustitutivo de referencia – Official interest rate exchange
Título de propiedad – Property ownership deeds
Valor catastral – Registered value of land
Verificación – Verification
Vivienda de protección official (VPO) - State housing property