Clarification of the Horizontal Law of Property
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According to the Spanish Property Insight article it appeared that the references to Horizontal law were included in significant changes effective from 4th March 2019 following Royal Decree on 1st March 2019....
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Yes, Ads, the changes to the Horizontal Property Law deal with holiday rentals (known as touristic rentals) in that communities may, by the vote of 3/5 of the owners, limit those rentals or subject them to some conditions like for example making the owners pay 20% more to community expenses. Those changes were already in the DL approved by the Government in December 2018 but rejected by the Parliament. Now they are in another Royal Decree approved the 1st of March.
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I stand corrected Lobin thanks for update was going to bring this up at our AGM in 12 days stand by for fisty cuffs
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