Legal tip 1170. NEW! 4 New Supreme Court decissions for Banks liabilities out of Law 57/68
Friday, June 20, 2014 @ 4:07 PM
Four recent Court Decissions by the Supreme Court, dated all April 2014 assert on liabilities of Bank receiving deposits in account in off plan purchases, out of provision 1segundo of Law 57/68. Very good news for those who never received a Bank Guarantee when buying off plan in Spain.
At the same time, it is necessary to remark that the cancellation will of the buyer needs to have been active along these years ( out of Courts or in Courts) as Supreme Court is understanding that the lack of activation of cancellation/refund rights for a long period of time implies a non interest on the said rights.
Ahead! Ahead!
Maria
Segovia, North western Madrid, Spain, at facebook.com