NUEVAS REGLAS EN SUBASTAS JUDICIALES: ¿QUÉ CAMBIA?¿QUÉ DEBES SABER ANTES DE PUJAR?

0:00 Intro 1:30 WHAT IS A JUDICIAL AUCTION? 3:00 WHICH AUCTIONS ARE AFFECTED BY THE NEW RULES? 8:40 WHAT HAPPENS IF THE AUCTION IS UNSUCCESSFUL? 9:30 IS THE DEPOSIT REFUNDED IF I DON'T WIN THE AUCTION? Judicial Auction: NEW RULES, what's changing and what you should know before bidding Judicial auction is an increasingly popular term among those looking to buy a home, commercial property, or other asset through a public auction. However, before participating, it's important to understand how the process works, what documents to review, how much money might need to be deposited, and what risks exist after the winning bid. Buying a property at auction can be appealing, but it shouldn't be done solely because the price seems attractive. Property registration issues, occupancy status, the possible presence of tenants or occupants, and subsequent costs can completely alter the transaction. In this guide, we clearly explain what a judicial auction is, how to participate, and what aspects to consider before bidding. What is a judicial auction? A judicial auction is a procedure for the public sale of assets agreed upon within a legal process. It is common in enforcement proceedings when certain assets of the debtor must be converted into cash to satisfy, in whole or in part, the debt claimed. The auction should not be confused with an ordinary real estate sale. Although a person may ultimately acquire a property, the procedure is subject to specific procedural rules, and the award may present risks different from those typical in a sale between private individuals. Currently, electronic judicial auctions are conducted through the Auction Portal of the State Official Gazette Agency. How long does a judicial auction last? In proceedings subject to the new regulations introduced in 2025, the auction accepts bids during the legally established period of 20 calendar days, with specific rules for its conclusion. This point is important because the original article published in 2019 referred to 20 business days and a previous system. The practical recommendation is simple: never calculate the deadline for submitting bids. You should directly verify the information for the specific auction and the regulations applicable to the procedure. How much is required to participate? This is one of the points that generates the most confusion. The answer depends on the legal framework applicable to the specific auction. The reform introduced in 2025 modified the financial conditions for participation in proceedings subject to the new regulations. For this reason, it is no longer correct to state generally that for all judicial auctions, a deposit of 5% of the asset's value is always sufficient. The procedures subject to the new regime have specific rules and higher deposit requirements, with differences depending on whether the property is movable or immovable, and without prejudice to the powers provided by law. More information: https://www.marinymateoabogados.es/su... Do you need advice to buy a subasta? Legal matters? At Marín y Mateo Abogados SLP, we have lawyers specializing in inheritance and wills, as well as real estate and contracts, who can guide and assist you. How can you consult our Valencia farmers' associations? Are you a mother or a barber? You can submit your inquiry through our contact form: https://www.marinymateoabogados.es/ab... via WhatsApp at +34 634 125 338 via video conference by calling us at +34 963 202 876 We will be happy to assist you.