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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 461. Spanish houses go to London
Friday, February 25, 2011 @ 11:48 AM

London. April. Our  Secretary of Development is making first stop of his " raod show" to sell the excessof residential houses in Spain. He is talking to institutions, media.... 

We would suggest that before landing in London, he has a chat with the Bank of Spain governor and make sure Banks are going to be honouring Bank Guarantees and other related liabilities in a more expeditous way. It will also be necessary to have a coffee with the President of Lawyers Council in Spain so those lawyers who defaulted on obtaining Bank Guarantees for their clients when these were placing amounts on account for off plan purchases are also called to discipline.

We are in a sociecty who is fearful of talking about discipline and punishment and by doing so we make a big damage to ourselves. It is just a matter of knowing human nature: we just learn, on many occassions, through those two. For the sake of healthier societies, they need to be present within every economic field and proffession.

If he does not bring these commitments to discipline to London, we are afraid he will not recover the trust he is seeking for our beloved Spain.

A conversation with Keith Rule, leader of the Bank Guarantees in Spain petition will also help, no doubt. He is the voice of so many british people who placed off-plan deposits in Spain.

Anyhow, wish you a great weekend!

 

 Zahara de los Atunes, Cadiz, Costa de la Luz, Spain by Asier LLaguno at Flickr.com

 

 

 

 

 

 



Like 0




3 Comments


Anne said:
Friday, February 25, 2011 @ 12:32 PM

Well said Maria and much appreciated.


Michael Connaught said:
Wednesday, March 9, 2011 @ 5:00 PM

Hi Maria
Do you know which venues the roadshow is visiting. Will you or any of your colleagues be at the show to offer legal advice?

Thanks

Michael


Maria said:
Wednesday, March 9, 2011 @ 5:06 PM

No idea.
Of course we can offer legal advise for anyone interested.


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