Purchase cancelled after being completed and registered

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14 Nov 2016 7:15 PM by mariadecastro Star rating in Algeciras (Cadiz). 9419 forum posts Send private message

mariadecastro´s avatar

Today, I saw a Court decission by Appeal Court in Málaga, by which a purchase in Lagos de Santa María has been cancelled and refund made obligatory to the Bank even after completion and registration at the Land Registry. Bank has been obligued to refund all payments, plus legal interests, plus legal costs.

I guess the mortgage loan has been cancelled too.

A good solution to you all who are paying huge loans on illegal properties



_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria


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