Monday, 17th March 2025 at 18:44 The Court of Justice of the EU has closed some of the remaining loopholes regarding the limitations periods for unfair mortgage terms. In a decision issued on Thursday, it was confirmed that there can be a deadline for claiming a reimbursement, but no maximum time period to claim the nullity. CJEU already decided that …
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Is life coverage mandatory when you take out a mortgage loan? Bank of Spain Responds – CSN News
In order to secure a mortgage, banks often ask their customers to purchase a life-insurance policy. This ensures that, in the case of a serious accident, the borrower will be able to repay the loan or, in the unfortunate event of the borrower’s death, that his heirs are not liable to pay any debts incurred by the mortgage. Is it …
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