Spanish Off-Plan Property - Bank Guarantees - LEY 57/68

This blog is for all those Off-Plan property purchasers in Spain who have not received Bank Guarantees for their deposit funds as required by Spanish Law, in particular LEY 57/68 Article 1.1 and 1.2 and are now at risk of losing their money. In addition many purchasers who did receive Bank Guarantees are now finding that the Spanish Banks are refusing to honour them without legal action being taken by the purchaser.

BANK GUARANTEES - FACEBOOK PAGE
Thursday, July 1, 2010 @ 12:48 AM

Please visit the Spanish Bank Guarantees Facebook page. Please 'join/like' the page and add your comments to the wall and discussion board.

This is just one of the ways that we will be using the media to reach out to as many people as possible who are affected by this issue of Bank Guarantees for Off-Plan property in Spain.

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Keith - Finca Parcs Action Group
I am leading the FINCA PARCS ACTION GROUP in legal action against Cleyton GES SL and Caja de Ahorros del Mediterráneo (Banco CAM) for the return of our off plan deposit payments as we never received the legally required Bank Guarantees.

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