In Spain, buying a mobile home requires less paperwork than buying a car, yet like when buying a car, the debts associated with it transfer to the new owner. People use a “Gestor” to check things out and limit the risk when buying a car.
There is no such service for mobile homes, so the V2 SAPA agreement (Sale Agreement by Private Arrangement) drafted by Costa Difference/Buy or Sell Mobile Homes replaces a bill of sale.
Genuine sellers should have no issues utilising a SAPA agreement to transfer home ownership, and buyers will appreciate the built-in safeguards. Costa Difference, the customer support agent for Park La Posada, a residential retirement community, has used the V1 SAPA system to transfer home ownership for the last sixteen years.
It’s not the same as a “Gestor,” but it’s the next best thing. A V2 SAPA agreement will work when selling any home in any park in Spain. It is not suitable for homes sold outside the park.
Here are some key facts built into the V2 SAPA agreement.
- Each agreement has a unique licence number associated with it.
- Copies of Passports are required to ensure authenticity.
- What is on sale and what is being purchased legally stated.
- The inventory forms part of the agreement.
- The terms of sale regarding deposits and completion are in the agreement.
- Buyers are assigned the right to carry out a home survey if required.
- Park owners have to sign and stamp to declare no debts remain.
- The seller signs a declaration of no known faults.
- A small payment secures the home until the terms are agreed.
- Agreements are in English and Spanish, and all copies are signed.
- Buyers and sellers get scanned copies of the signed agreement.
- The buyer pays a 10% deposit once the terms are binding, forming part of the purchase price.
- Transfer of ownership only takes place upon completion of all payments.
- Hard copies are stored for 12 months and are available during that period if needed should any aspect of the V2 SAPA not be honoured.
A single-sale licence for our V2 SAPA agreement service costs only £125 or 140€ per party.
If the vendor offers a V2 SAPA agreement when advertising their home, it becomes a good selling point; it shows they are genuine because the agreement reduces the risks for the buyer.
However, if a vendor refuses a buyer’s request to use a SAPA agreement to conduct the sale, we recommend that a solicitor be employed instead just to be safe.
The costs involved in conducting the terms of sale/purchase using a V2 SAPA agreement can never be a reason for not providing a purchaser with basic assurances.
Before any of that, you need to contact us so we can assign a team member to liaise with all parties before drafting a SAPA agreement. We only need the names and email addresses of both parties to start with. Once we send a payment link for the service, you know all parties agree to use an SAPA agreement for the transfer of ownership. Terms of use V2 SAPA.