Does anyone remember if a bank guarantee was given when purchased off plan at Oasis?

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06 Aug 2010 12:00 AM by kaush Star rating in London. 13 forum posts Send private message

 Hi there,

 

I am not sure if anyone knows or can remember when you purchased off plan at Oasis if there was a bank guarantee given with the purchase at the developers bank I recall?

 

I am going through some legalities and have just posted on another thread (http://www.eyeonspain.com/forums/posts-long-11332.aspx)

As far as I remember it was given, but as per my thread with the economic climate when it came to completion of the development hardly anyone actually got their mortgage and I want to see if this would be a means of getting my deposit money back.

I was really looking forward to moving here but that seemed to get squashed a couple of years back and so now just getting our life savings back would be all we want and start again.

 

Any help or advice would be greatly appreciated.  I am thinking of coming over next week to meet with the lawyers so the more information I have the better.

 

Many Thanks

 

Kaush & Sandra




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17 Aug 2010 12:35 PM by mariadecastro Star rating in Algeciras (Cadiz). 9419 forum posts Send private message

mariadecastro´s avatar

In our legal opinion, regadless you do have or do not have a Bank Guarantee, if completion deadline of the contract arrives and there is no First Occupation License in place you can ask THE BANK for the refund of your money plus legal interests.

Best regards,

Maria



_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria


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