Hi, Has anybody found themselves in this situation with regards to seeking a refund for the non completion of our department in Phase 4. It was due for completion onJune 30th past.
The developer has agreed a refund of the deposit plus 'Legel Intrest' However the agreement states that he is due to pay this Legal Intrest Plus 10% of the deposit sum. Our Lawyer has indicated that we accept this offer as it will have to go to court and delay payment by 8 months. and that the developer may have a good case as to why he was delayed, due to having to engage a new builder.
The Lawyer is also looking to be paid his fee of approx' 3000 Euro's
I am very disappointed with our lawyer as he was recommended to us and appears more intrested in maintaining a good relationship with the developers that representing the rights of their clients.
Is there anybody out there who has either been in a similar situation with Arenal Golf developers or can offer some advice.
Looking forward to a reply
Yours
Pat