Hi, i need some advice....my friend would like to take over a business from somebody.
It's a traspaso, what is the legal way to do it?. Just a new lease contract? do they need to sign at the notary?
Thank you for the help. Janet
Hi, i need some advice....my friend would like to take over a business from somebody.
It's a traspaso, what is the legal way to do it?. Just a new lease contract? do they need to sign at the notary?
Thank you for the help. Janet
Hi Janet, depends a bit on the business.
Signing a new lease will give you "ownership" of the lease.
The license, debts, obligations and assets is something separate.
I suggest you go to a "gestoria" to get the right advice depending on the type of business you will buy.
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