REO assets and foreclosed portfolios
Legal management of foreclosed real estate assets: land registry clearing, occupation analysis, vacant possession and preparation for sale or transfer. Specialist support in the valorisation and legal regularisation of real estate portfolios.
How we work
Our methodology for this service
Legal diagnosis of the foreclosed asset
We analyse the land registry status, occupation, surviving charges and planning status of each foreclosed asset to determine the steps needed for its regularisation and valorisation.
Registry clearing and charge cancellation
We process the cancellation of surviving registered charges, the correction of discrepancies and the regularisation of the registry description so the asset correctly reflects its actual situation.
Occupation management and repossession
We manage the vacation procedures for occupied assets, either through continuation of the mortgage enforcement or new eviction proceedings, until effective possession of the asset is obtained.
Preparing the asset for transfer
Once the asset is regularised, we coordinate all legal elements for its transfer — updated registration, cancelled charges, available possession — ensuring it is ready for sale.
Who this is for
Banks and servicers managing REO foreclosed asset portfolios needing specialist legal services to regularise them and prepare them for sale. Also real estate funds acquiring portfolios of legally complex foreclosed assets.
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Why MES Legal?
- Specialist lawyers with proven expertise in each practice area
- Offices in Barcelona and Madrid with national coverage throughout Spain
- Results-oriented, practical approach with clear risk management
- Direct professional relationship — no large-firm layers or intermediaries
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Real estate legal due diligence
Comprehensive legal analysis of real estate assets: encumbrances, land registry status, planning, debts, occupation and transfer taxation. Identification of contingencies and risks to support informed and safe decision-making in purchase, investment or management transactions.
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Real estate transactions
Drafting and negotiation of reservation agreements, deposit contracts and public deeds of transfer (sales and dations in payment), with support throughout the formalisation process. Correct legal configuration of the transaction and protection of the client's interests at the contractual level.
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Leases
Drafting and review of urban and rural lease agreements: commercial premises, dwellings, tourist and temporary rentals. Advice to landlords and tenants on negotiating terms, risk allocation, duration, guarantees and dispute resolution.
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Construction contracts
Drafting and review of development, construction and subcontracting agreements. Involvement in disputes arising from the execution of works and claims for construction defects and liabilities of the parties involved.