This Act, which transposes Directive 2014/17 / EU, is structured in four Chapters, which correspond to the essential lines of regulation, twelve additional provisions, five transitory provisions, one derogatory provision and sixteen final provisions, as well as two Annexes , the I referring to the European Standardized Information Card (FEIN) and the II to the Calculation of the Annual Equivalent Rate (APR). Chapter I includes the general provisions that reach the object, scope of application, irrevocable character of the rights it recognizes for borrowers and definitions for the purposes of the Law.
Chapter I includes the general provisions that reach the object, scope of application, irrevocable nature of the rights it recognizes for borrowers and definitions for the purposes of the Law. Chapter II establishes the rules of transparency and conduct, in particular, to the concession responsible for financing that affects real estate, as well as to favor the progressive implementation of a reliable credit market. Chapter III establishes the legal regime of real estate credit intermediaries. Finally, Chapter IV is devoted to the regulation of the sanctioning regime. For these purposes, the obligations established in this Law have the character of rules of order and discipline for real estate credit intermediaries and real estate lenders.