It's an equivalent of present simple. Formation:
Conjugation I (hablar):
| singular | plural | |
| 1 | hablo | hablamos |
| 2 | hablas | habláis |
| 3 | habla | hablan |
Conjugation II (vender):
| singular | plural | |
| 1 | vendo | vendemos |
| 2 | vendes | vendéis |
| 3 | vende | venden |
Conjugation III (vivir):
| singular | plural | |
| 1 | vivo | vivimos |
| 2 | vives | vivís |
| 3 | vive | viven |
The forms above are forms of regular verbs. Most important irregular verbs in presente de indicativo.
Ser (be):
| singular | plural | |
| 1 | soy | somos |
| 2 | eres | sois |
| 3 | es | son |
Haber (have):
| singular | plural | |
| 1 | he | hemos |
| 2 | has | habéis |
| 3 | ha | han |
Estar (be):
| singular | plural | |
| 1 | estoy | estamos |
| 2 | estás | estáis |
| 3 | está | están |
Ir (go):
| singular | plural | |
| 1 | voy | vamos |
| 2 | vas | vais |
| 3 | va | van |
Dar (give): doy, das, da, damos, dais, dan
Saber (know): sé, sabes, sabe, sabemos, sabéis, saben
Tener (have): tengo, tienes, tiene, tenemos, tenéis, tienen (additionally change e : ie)
Venir (come): vengo, vienes, viene, venimos, venís, vienen (additionally change e : ie)
Hacer (do,make): hago, haces, hace, hacemos, hacéis, hacen
Decir (say): digo, dices, dice, decimos, decís, dicen (additionally change e:i)
Also: salir (salgo), valer (valgo), poner (pongo), caer (caigo), traer (traigo), oír (oigo), asir (asgo), and caber (quepo).A lot of verbs have a vowel change, eg. poder (to be able). These changes are described here: ( Partially Irregular Verbs ).
In the following, we will practice forms of the 1st and 3rd person presente. Please note that the other forms are very regular: 2nd person (tú) is always formed by adding -s to 3rd person singular (exception: eres from ser) The 3rd person plural (ellos, ellas, ustedes) is always formed by adding -n to the 3rd person singular (exception: son from ser).